Zacks Research cut shares of Honeywell International (NASDAQ:HON – Free 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%
Honeywell International (NASDAQ:HON – Get 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:
- Positive Sentiment: J.P. Morgan initiated coverage of Honeywell Aerospace with a Neutral rating, but highlighted the unit’s strong position in commercial aviation and defense markets, which supports the long-term growth outlook for the broader Honeywell story. JPM starts Honeywell Aerospace at Neutral, sees supply chain capping upside
- Positive Sentiment: Jim Cramer publicly backed Honeywell, saying he would “greenlight” adding to the stock, which can help sentiment around HON after recent corporate changes. Jim Cramer Greenlights Honeywell Stock
- Positive Sentiment: Honeywell’s updated 2026 EPS guidance, issued after the 1-for-2 reverse stock split, was a focal point for investors and helped explain recent premarket buying interest as the market digests the new share count and refreshed outlook. Honeywell Technologies Revises 2026 Guidance Post Reverse Stock Split
- Positive Sentiment: Wall Street sentiment remains constructive, with BMO reiterating a Buy and a $253 price target, suggesting analysts still see upside in HON after the aerospace spin-off. Wall Street Remains Bullish On Honeywell (HON) Post Spinoff
- Neutral Sentiment: Honeywell Aerospace said it is developing more defense products for Europe outside U.S. export controls, a strategic step that could open opportunities but is not an immediate earnings catalyst. Honeywell Aero to develop more defense products for Europe outside US export controls
- Neutral Sentiment: Short-interest data showed no meaningful bearish positioning, so it does not appear to be a current driver of the stock.
- Negative Sentiment: Zacks added HON to its Strong Sell list, which may weigh on sentiment by reinforcing concerns that valuation and near-term setup are less attractive than the recent price move suggests. New Strong Sell Stocks for July 10th
- Negative Sentiment: J.P. Morgan also warned that supply-chain investment could cap near-term upside in Honeywell Aerospace, suggesting the market may need to wait longer for margin expansion. JPM starts Honeywell Aerospace at Neutral, sees supply chain capping upside
Honeywell International Company Profile
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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