Honeywell International (NASDAQ:HON) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Honeywell International (NASDAQ:HONFree Report) from a hold rating to a strong sell rating in a report issued on Thursday morning,Zacks.com reports.

A number of other research analysts also recently weighed in on the company. Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price target on the stock in a research note on Tuesday, June 30th. Morgan Stanley upped their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Rothschild & Co Redburn decreased their target price on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Wells Fargo & Company lowered their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, Mizuho lifted their target price on Honeywell International from $240.00 to $480.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $257.79.

View Our Latest Analysis on HON

Honeywell International Trading Up 1.3%

HON stock traded up $3.00 during midday trading on Thursday, hitting $226.42. The stock had a trading volume of 2,601,679 shares, compared to its average volume of 3,951,829. The business has a fifty day moving average price of $223.32 and a two-hundred day moving average price of $224.27. Honeywell International has a 1-year low of $196.59 and a 1-year high of $261.24. The firm has a market cap of $71.74 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 4.00 and a beta of 0.90. 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 (NASDAQ:HONGet Free Report) 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. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. During the same quarter in the previous year, the company earned $2.21 EPS. Honeywell International’s quarterly revenue was up 2.4% compared to the same quarter last year. 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. On average, sell-side analysts predict that Honeywell International will post 8.29 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were given a dividend of $1.19 per share. The ex-dividend date was Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s dividend payout ratio is presently 67.42%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HON. Cardinal Capital Management Inc. increased its position in shares of Honeywell International by 6.1% during 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 boosted its position in shares of 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 acquiring an additional 26,162 shares during the period. Exencial Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 21,770 shares during the period. Valley Wealth Managers Inc. grew its stake in Honeywell International by 33.9% during the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after acquiring an additional 28,875 shares in the last quarter. Finally, MADDEN SECURITIES Corp bought a new stake in Honeywell International during the 4th quarter worth approximately $1,418,000. 75.91% of the stock is owned by institutional investors.

Honeywell International News Summary

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

Honeywell International Company Profile

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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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