Barclays Has Lowered Expectations for Honeywell International (NASDAQ:HON) Stock Price

by · The Markets Daily

Honeywell International (NASDAQ:HON – Get Free Report) had its target price reduced by stock analysts at Barclays from $251.00 to $239.00 in a research note issued on Wednesday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the conglomerate’s stock. Barclays‘s price target points to a potential upside of 13.23% from the stock’s current price.

A number of other research firms have also recently commented on HON. Deutsche Bank Aktiengesellschaft reduced their price objective on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. The Goldman Sachs Group upped their price objective on Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. TD Cowen reduced their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Sanford C. Bernstein assumed coverage on Honeywell International in a report on Wednesday. They set a “market perform” rating and a $233.00 target price for the company. Finally, Citigroup reduced their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and a consensus price target of $246.63.

Check Out Our Latest Analysis on HON

Honeywell International Stock Down 2.1%

NASDAQ:HON traded down $4.63 during trading hours on Wednesday, reaching $211.07. 717,059 shares of the company traded hands, compared to its average volume of 4,266,718. Honeywell International has a 1 year low of $186.76 and a 1 year high of $248.18. The stock has a market capitalization of $133.75 billion, a P/E ratio of 29.90, a P/E/G ratio of 3.02 and a beta of 0.85. The business’s 50-day moving average price is $223.29 and its two-hundred day moving average price is $219.19. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98.

Honeywell International shares are scheduled to reverse split on the morning of Monday, June 29th. The 1-2 reverse split was announced on Friday, June 5th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, June 26th.

Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.21 EPS. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Analysts predict that Honeywell International will post 10.54 earnings per share for the current year.

Institutional Investors Weigh In On Honeywell International

Institutional investors have recently modified their holdings of the business. Verus Capital Partners LLC grew its holdings in Honeywell International by 0.7% in the fourth quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock valued at $1,299,000 after purchasing an additional 44 shares during the period. Claro Advisors Inc. increased its holdings in Honeywell International by 0.3% in the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock worth $2,718,000 after acquiring an additional 45 shares in the last quarter. FSM Wealth Advisors LLC raised its position in Honeywell International by 1.1% during the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after acquiring an additional 46 shares during the period. Meridian Financial Partners LLC lifted its holdings in Honeywell International by 3.8% during the fourth quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares in the last quarter. Finally, Facet Wealth Inc. boosted its stake in shares of Honeywell International by 3.6% in the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after acquiring an additional 47 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Company Profile

(Get Free Report)

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.

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