Honeywell International (NASDAQ:HON) Given New $279.00 Price Target at Citigroup

Honeywell International (NASDAQ:HON) had its price target hoisted by analysts at Citigroup from $260.00 to $279.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the conglomerate’s stock. Citigroup’s price target suggests a potential upside of 15.12% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the company. Wells Fargo & Company decreased 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. JPMorgan Chase & Co. reduced their target price on Honeywell International from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Barclays decreased their target price on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research report on Wednesday, June 10th. Sanford C. Bernstein started coverage on shares of Honeywell International in a research report on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 price target on the stock. Finally, The Goldman Sachs Group lifted their price objective on shares of Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $259.54.

Honeywell International Trading Down 1.6%

NASDAQ HON traded down $3.92 during trading hours on Friday, hitting $242.35. The company’s stock had a trading volume of 1,741,610 shares, compared to its average volume of 4,284,510. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The firm has a market capitalization of $76.78 billion, a P/E ratio of 17.17, a PEG ratio of 5.25 and a beta of 0.90. 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 stock has a fifty day moving average of $225.55 and a 200 day moving average of $226.50.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The firm had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.02 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.77 EPS. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. Equities research analysts forecast that Honeywell International will post 8.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Honeywell International News Summary

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

• Positive Sentiment: Royal Bank of Canada raised its price target on Honeywell International to $298 from $272 and reiterated an outperform rating, signaling more upside potential after the company’s recent results. Benzinga
• Positive Sentiment: Honeywell’s Q2 earnings beat expectations, with EPS of $1.95 topping estimates and revenue also coming in ahead of forecasts, supported by stronger orders, organic sales growth, and margin expansion. Business Wire
• Positive Sentiment: Management used the earnings call to highlight improving growth trends, a larger backlog, and its push to simplify the portfolio and become a more focused automation company, which could support longer-term earnings quality. Zacks
• Positive Sentiment: Honeywell declared a quarterly dividend of CAD 0.70 per share, reinforcing its shareholder-return profile. Yahoo Finance
• Neutral Sentiment: Honeywell Aerospace said it plans to expand following the June spin-off, but this is more of a long-term strategic update than an immediate stock driver. Shephard Media
• Negative Sentiment: Despite the strong Q2 print, Honeywell’s updated third- and fourth-quarter guidance came in below consensus, which may temper enthusiasm about the pace of growth ahead. Business Wire

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.