Zacks Research Analysts Lower Earnings Estimates for HON

Honeywell International Inc. (NASDAQ:HON - Free Report) - Stock analysts at Zacks Research reduced their Q1 2027 EPS estimates for shares of Honeywell International in a research note issued on Monday, June 23rd. Zacks Research analyst R. Department now expects that the conglomerate will earn $2.90 per share for the quarter, down from their previous forecast of $2.93. 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 results 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 for the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The firm's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 EPS.

HON has been the subject of several other reports. Wells Fargo & Company boosted their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Citigroup upped their price target on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Barclays upped their price target on Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. 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. Based on data from MarketBeat, Honeywell International currently has an average rating of "Moderate Buy" and an average price target of $249.21.

Honeywell International Price Performance

NASDAQ HON traded up $2.47 on Thursday, hitting $228.85. 4,994,254 shares of the company were exchanged, compared to its average volume of 3,822,945. The firm has a 50 day moving average of $218.94 and a two-hundred day moving average of $215.62. The company has a market cap of $147.08 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.67 and a beta of 1.08. The company has a current ratio of 1.25, a quick ratio of 0.95 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.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a $1.13 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 1.98%. Honeywell International's dividend payout ratio is presently 51.95%.

Hedge Funds Weigh In On Honeywell International

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

Honeywell International Company Profile

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.