Honeywell International Inc. (NASDAQ:HON) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Honeywell International Inc. has received a consensus recommendation of “Moderate Buy” from analysts, with an average one-year price target of $254.00.
• The company reported quarterly earnings of $2.75 per share, exceeding estimates, and its revenue grew by 8.1% year-over-year.
• Honeywell declared a quarterly dividend of $1.13 per share, reflecting a 2.0% dividend yield based on an annualized payout of $4.52.

Honeywell International Inc. (NASDAQ:HON - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seventeen analysts that are currently covering the stock, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $254.00.

Several research firms have recently weighed in on HON. Morgan Stanley increased their price objective on Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Royal Bank Of Canada cut their price target on Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a research note on Friday, July 25th. Citigroup upped their price target on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. JPMorgan Chase & Co. upped their price target on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Barclays upped their price target on Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Honeywell International by 0.7% in the first quarter. Vanguard Group Inc. now owns 62,209,455 shares of the conglomerate's stock valued at $13,172,852,000 after buying an additional 447,744 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Honeywell International by 8.9% in the first quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate's stock valued at $3,335,476,000 after buying an additional 1,293,137 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Honeywell International by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 6,777,498 shares of the conglomerate's stock valued at $1,578,344,000 after buying an additional 48,968 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Honeywell International by 9.1% in the first quarter. Goldman Sachs Group Inc. now owns 6,038,080 shares of the conglomerate's stock valued at $1,278,563,000 after buying an additional 505,083 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Honeywell International by 5.4% in the first quarter. Invesco Ltd. now owns 5,568,610 shares of the conglomerate's stock valued at $1,179,153,000 after buying an additional 283,193 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

HON stock opened at $222.56 on Wednesday. The company has a market capitalization of $141.30 billion, a P/E ratio of 25.32, a PEG ratio of 2.49 and a beta of 1.08. Honeywell International has a twelve month low of $179.36 and a twelve month high of $242.77. The business has a 50 day simple moving average of $226.88 and a 200-day simple moving average of $216.74. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The company's revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.49 earnings per share. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. As a group, equities analysts anticipate that Honeywell International will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, August 15th. Honeywell International's dividend payout ratio is 51.42%.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.

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