What is Zacks Research's Forecast for HON Q1 Earnings?

Honeywell International Inc. (NASDAQ:HON - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2027 EPS estimates for shares of Honeywell International in a report issued on Monday, June 23rd. Zacks Research analyst R. Department now expects that the conglomerate will post earnings per share of $2.90 for the quarter, down from their prior 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 data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same period last year, the company posted $2.25 EPS. The company's revenue was up 7.9% on a year-over-year basis.

A number of other brokerages have also issued reports on HON. Barclays raised their target price on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a research report on Wednesday, May 7th. JPMorgan Chase & Co. raised their target price on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Wells Fargo & Company raised their target price on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Finally, Mizuho raised their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Honeywell International has an average rating of "Moderate Buy" and a consensus target price of $249.21.

Honeywell International Stock Down 1.3%

Shares of NASDAQ HON opened at $221.79 on Thursday. Honeywell International has a 1 year low of $179.36 and a 1 year high of $242.77. The firm's 50 day moving average price is $217.70 and its 200 day moving average price is $215.79. The firm has a market cap of $142.54 billion, a P/E ratio of 25.49, a price-to-earnings-growth ratio of 2.62 and a beta of 1.08. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Friday, May 16th. Honeywell International's payout ratio is currently 51.95%.

Institutional Investors Weigh In On Honeywell International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Howe & Rusling Inc. increased its position in shares of Honeywell International by 3.4% in the 1st quarter. Howe & Rusling Inc. now owns 91,410 shares of the conglomerate's stock worth $19,356,000 after purchasing an additional 2,978 shares during the last quarter. Maple Capital Management Inc. grew its position in shares of Honeywell International by 0.9% during the 1st quarter. Maple Capital Management Inc. now owns 151,423 shares of the conglomerate's stock valued at $32,064,000 after buying an additional 1,406 shares during the last quarter. Militia Capital Partners LP grew its position in shares of Honeywell International by 200.0% during the 1st quarter. Militia Capital Partners LP now owns 810 shares of the conglomerate's stock valued at $172,000 after buying an additional 540 shares during the last quarter. 1248 Management LLC bought a new stake in shares of Honeywell International during the 1st quarter valued at about $49,000. Finally, eCIO Inc. bought a new stake in shares of Honeywell International during the 1st quarter valued at about $210,000. Institutional investors own 75.91% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.