What is Zacks Research's Estimate for HON FY2027 Earnings?

Honeywell International Inc. (NASDAQ:HON - Free Report) - Equities researchers at Zacks Research dropped their FY2027 earnings per share estimates for Honeywell International in a report released on Monday, June 23rd. Zacks Research analyst R. Department now forecasts that the conglomerate will post earnings of $12.06 per share for the year, down from their previous estimate of $12.11. The consensus estimate for Honeywell International's current full-year earnings is $10.34 per share.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.30. The business had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business's revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share.

HON has been the subject of a number of other reports. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. JPMorgan Chase & Co. increased their price objective on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Mizuho increased their price objective on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $226.00 price objective on shares of Honeywell International in a research report on Wednesday. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and a consensus target price of $249.21.

Honeywell International Price Performance

HON traded up $2.47 during trading on Wednesday, reaching $228.85. The stock had a trading volume of 4,994,254 shares, compared to its average volume of 3,826,873. The firm has a market capitalization of $147.08 billion, a price-to-earnings ratio of 26.30, a price-to-earnings-growth ratio of 2.64 and a beta of 1.08. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43. Honeywell International has a 1-year low of $179.36 and a 1-year high of $242.77. The stock has a 50 day moving average of $218.94 and a two-hundred day moving average of $215.80.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is currently 51.95%.

Institutional Trading of Honeywell International

Large investors have recently added to or reduced their stakes in the company. Maia Wealth LLC increased its stake in shares of Honeywell International by 4.1% during the 1st quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate's stock worth $238,000 after purchasing an additional 47 shares during the last quarter. Kirtland Hills Capital Management LLC grew its stake in Honeywell International by 1.1% in the 1st quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate's stock valued at $870,000 after buying an additional 48 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its stake in Honeywell International by 0.6% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate's stock valued at $1,857,000 after buying an additional 48 shares during the last quarter. Claris Advisors LLC MO grew its stake in Honeywell International by 4.8% in the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock valued at $241,000 after buying an additional 49 shares during the last quarter. Finally, Avantax Planning Partners Inc. grew its stake in Honeywell International by 1.4% in the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock valued at $777,000 after buying an additional 49 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

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.