Jefferies Financial Group Lowers Honeywell International (NASDAQ:HON) Price Target to $230.00

Key Points

• Jefferies Financial Group has lowered its price target for **Honeywell International** from **$240.00** to **$230.00**, maintaining a **"hold"** rating which suggests a potential upside of **10.06%** from the current share price.
• Institutional investors and hedge funds hold **75.91%** of Honeywell's stock, indicating strong institutional interest in the company.
• Honeywell reported a quarterly EPS of **$2.75**, exceeding estimates, and an 8.1% year-over-year revenue increase to **$10.35 billion**.

Honeywell International (NASDAQ:HON - Get Free Report) had its target price decreased by equities research analysts at Jefferies Financial Group from $240.00 to $230.00 in a research report issued on Tuesday,MarketScreener reports. The firm presently has a "hold" rating on the conglomerate's stock. Jefferies Financial Group's price target points to a potential upside of 10.06% from the stock's previous close.

HON has been the topic of several other research reports. Barclays lifted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Morgan Stanley boosted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Wells Fargo & Company dropped their price objective on Honeywell International from $230.00 to $220.00 and set an "equal weight" rating on the stock in a research note on Monday. Royal Bank Of Canada decreased their target price 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. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Honeywell International in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of "Moderate Buy" and an average price target of $251.80.

Honeywell International Price Performance

Shares of HON stock opened at $208.98 on Tuesday. The stock's fifty day simple moving average is $215.05 and its 200 day simple moving average is $217.38. Honeywell International has a one year low of $179.36 and a one year high of $242.77. The firm has a market cap of $132.68 billion, a price-to-earnings ratio of 23.77, a P/E/G ratio of 2.34 and a beta of 1.06. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97.

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

Insider Transactions at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the sale, the chief executive officer directly owned 10,334 shares of the company's stock, valued at $2,289,807.72. This trade represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.41% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Honeywell International

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen LLC acquired a new position in shares of Honeywell International during the 1st quarter worth approximately $1,150,929,000. Laurel Wealth Advisors LLC lifted its position in Honeywell International by 23,503.0% during the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate's stock worth $865,506,000 after purchasing an additional 3,700,786 shares during the period. Wellington Management Group LLP grew its stake in Honeywell International by 8.9% during the first quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate's stock worth $3,335,476,000 after buying an additional 1,293,137 shares in the last quarter. Alliancebernstein L.P. raised its position in Honeywell International by 64.6% during the first quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate's stock valued at $561,634,000 after purchasing an additional 1,041,273 shares in the last quarter. Finally, Vista Cima Wealth Management LLC bought a new stake in Honeywell International during the first quarter worth $164,000. Institutional investors and hedge funds own 75.91% of the company's stock.

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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