Honeywell International (NASDAQ:HON) Price Target Raised to $241.00

by · The Markets Daily

Honeywell International (NASDAQ:HON – Free Report) had its price target lifted by JPMorgan Chase & Co. from $240.00 to $241.00 in a research report released on Friday,Benzinga reports. The firm currently has an overweight rating on the conglomerate’s stock.

Several other analysts have also commented on the company. Jefferies Financial Group assumed coverage on Honeywell International in a report on Monday, August 17th. They issued a “hold” rating and a $255.00 price objective for the company. Morgan Stanley upped their price objective on Honeywell International from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, August 31st. Royal Bank Of Canada lowered their target price on Honeywell International from $270.00 to $269.00 and set an “outperform” rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Finally, Rothschild & Co Redburn cut their price target on Honeywell International from $237.00 to $234.00 and set a “neutral” rating for the company in a research note on Friday, September 25th. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $249.96.

View Our Latest Stock Analysis on HON

Honeywell International Stock Performance

Shares of HON stock opened at $221.15 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Honeywell International has a 12-month low of $196.59 and a 12-month high of $261.24. The stock has a market capitalization of $70.18 billion, a P/E ratio of 9.95, a P/E/G ratio of 1.61 and a beta of 0.86. The firm’s 50 day moving average is $211.82 and its 200 day moving average is $221.86.

Honeywell International (NASDAQ:HON – Get Free Report) last announced its earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.10. The business had revenue of $4.99 billion during the quarter, compared to analyst estimates of $5.01 billion. Honeywell International had a net margin of 24.36% and a return on equity of 25.62%. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.82 EPS. Research analysts expect that Honeywell International will post 8.46 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, November 13th. Honeywell International’s dividend payout ratio is 32.12%.

Insider Activity at Honeywell International

In related news, CEO Kenneth West sold 316 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $245.47, for a total value of $77,568.52. Following the transaction, the chief executive officer directly owned 2,004 shares of the company’s stock, valued at approximately $491,921.88. This trade represents a 13.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is owned by company insiders.

Hedge Funds Weigh In On Honeywell International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Scarborough Advisors LLC bought a new stake in Honeywell International during the first quarter valued at about $34,000. Evolution Wealth Management Inc. increased its position in Honeywell International by 7,550.0% in the first quarter. Evolution Wealth Management Inc. now owns 153 shares of the conglomerate’s stock worth $35,000 after buying an additional 151 shares in the last quarter. Silicon Valley Capital Partners increased its position in Honeywell International by 39.5% in the first quarter. Silicon Valley Capital Partners now owns 226 shares of the conglomerate’s stock worth $51,000 after buying an additional 64 shares in the last quarter. Vermillion Wealth Management Inc. raised its stake in shares of Honeywell International by 205.3% in the second quarter. Vermillion Wealth Management Inc. now owns 229 shares of the conglomerate’s stock worth $51,000 after buying an additional 154 shares during the period. Finally, SJS Investment Consulting Inc. raised its stake in shares of Honeywell International by 39.3% in the first quarter. SJS Investment Consulting Inc. now owns 234 shares of the conglomerate’s stock worth $53,000 after buying an additional 66 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International News Summary

Here are the key news stories impacting Honeywell International this week:

  • Positive Sentiment: Honeywell reported third-quarter adjusted EPS of $2.27, ahead of the $2.17 analyst consensus. Organic sales growth reached 7%, supported by stronger automation orders, energy projects and data-center demand. HON Q3 Earnings Beat on Automation Strength, Outlook Raised
  • Positive Sentiment: Honeywell raised its 2026 EPS outlook to $8.40-$8.45, above the $8.29 consensus, while also increasing its expectations for organic sales and cash flow. Fourth-quarter EPS guidance of $2.42-$2.47 is modestly above estimates. HON Q3 Earnings Call Highlights Higher Outlook and Energy Demand
  • Positive Sentiment: Citigroup raised its price target to $271 and initiated a “buy” rating, while JPMorgan increased its target to $241 and maintained an “overweight” rating. The revisions indicate analysts see additional upside from margin improvement and segment growth.
  • Positive Sentiment: Honeywell launched Forge Cognition, an AI and simulation platform developed with NVIDIA and Dell Technologies to improve industrial reliability, energy efficiency and facility operations. The company is also targeting fire-prevention and security products at battery installations and data centers. Honeywell Unveils Forge Cognition
  • Neutral Sentiment: Third-quarter revenue of $4.99 billion was slightly below the $5.01 billion consensus, and full-year revenue guidance of $20.0-$20.1 billion trails the $20.2 billion estimate.
  • Neutral Sentiment: RBC trimmed its price target to $269 but kept an “outperform” rating, while Morgan Stanley maintained a “hold” view, signaling that valuation and execution remain potential constraints.

Honeywell International Company Profile

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Honeywell International Inc is a diversified industrial technology company that develops products and systems for the aerospace, building automation, energy and industrial sectors. Its offerings include aircraft engines and avionics, industrial automation and control systems, building management technologies, fire and security products, personal protective equipment, and specialty materials and chemicals.

The company serves commercial aerospace, defense, airlines, building owners, manufacturers, energy producers and other industrial customers.

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