Honeywell International Inc. (NASDAQ:HON) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Honeywell International Inc. (NASDAQ:HON) have earned a consensus rating of “Moderate Buy” from the twenty-three brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $246.9167.

Several research firms have recently weighed in on HON. Barclays reduced their price target on Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Royal Bank Of Canada restated an “outperform” rating and set a $275.00 price target (up from $268.00) on shares of Honeywell International in a report on Thursday, June 11th. Sanford C. Bernstein began coverage on Honeywell International in a report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price target on the stock. Weiss Ratings cut Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Honeywell International in a report on Friday, June 5th.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds and other institutional investors have recently made changes to their positions in HON. Cardinal Capital Management Inc. lifted its stake in Honeywell International by 6.1% in the fourth quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock valued at $27,064,000 after buying an additional 7,929 shares during the period. Douglas Lane & Associates LLC lifted its stake in Honeywell International by 56.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock valued at $14,199,000 after buying an additional 26,162 shares during the period. Exencial Wealth Advisors LLC lifted its stake in Honeywell International by 36.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock valued at $15,844,000 after buying an additional 21,770 shares during the period. Valley Wealth Managers Inc. lifted its stake in Honeywell International by 33.9% in the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after buying an additional 28,875 shares during the period. Finally, MADDEN SECURITIES Corp acquired a new position in Honeywell International in the fourth quarter valued at approximately $1,418,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Honeywell International stock opened at $232.21 on Tuesday. Honeywell International has a 12-month low of $186.76 and a 12-month high of $248.18. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The business’s 50-day moving average price is $222.08 and its two-hundred day moving average price is $222.14. The stock has a market cap of $147.14 billion, a PE ratio of 32.89, a P/E/G ratio of 3.32 and a beta of 0.85.

Shares of Honeywell International are set 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 market closes on Friday, June 26th.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.21 earnings per share. 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. As a group, analysts expect that Honeywell International will post 10.54 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, May 15th. Honeywell International’s payout ratio is 67.42%.

About Honeywell International

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.