Honeywell International (NASDAQ:HON) Stock Moved Up to “Hold” by Wells Fargo & Company

Honeywell International (NASDAQ:HON) was upgraded by equities researchers at Wells Fargo & Company to a “hold” rating in a report issued on Thursday, Zacks reports.

A number of other brokerages also recently weighed in on HON. The Goldman Sachs Group boosted their target price 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. Melius Research cut shares of Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 price target on the stock. in a research note on Monday, September 14th. Royal Bank Of Canada lowered their price target on shares of Honeywell International from $298.00 to $293.00 and set an “outperform” rating for the company in a report on Tuesday, August 18th. Weiss Ratings downgraded Honeywell International from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. Finally, Morgan Stanley upped their target price on shares of Honeywell International from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, August 31st. Thirteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.52.

Honeywell International Price Performance

Shares of HON stock opened at $212.55 on Thursday. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. The stock has a market capitalization of $67.37 billion, a PE ratio of 8.22, a PEG ratio of 3.55 and a beta of 0.87. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. The stock’s fifty day moving average is $223.22 and its 200-day moving average is $224.38.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. The business had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.77 earnings per share. 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 expect that Honeywell International will post 8.29 EPS for the current fiscal year.

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth West sold 17,032 shares of Honeywell International stock in a transaction on Monday, July 27th. The shares were sold at an average price of $243.77, for a total transaction of $4,151,890.64. Following the transaction, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at $519,717.64. This trade represents a 88.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

Institutional Trading of Honeywell International

Several hedge funds have recently added to or reduced their stakes in the business. J. Stern & Co. LLP grew its stake in Honeywell International by 22,704.6% in the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock valued at $10,380,552,000 after acquiring an additional 52,975,716 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Honeywell International during the 2nd quarter valued at about $732,869,000. Diamant Asset Management Inc. bought a new position in shares of Honeywell International during the 1st quarter valued at about $496,693,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of Honeywell International in the 4th quarter valued at approximately $248,040,000. Finally, Nuveen LLC grew its position in shares of Honeywell International by 21.5% in the 4th quarter. Nuveen LLC now owns 6,512,470 shares of the conglomerate’s stock valued at $1,270,518,000 after purchasing an additional 1,153,931 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Trending Headlines about Honeywell International

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

• Positive Sentiment: The board declared a quarterly dividend of $0.70 per share, payable December 4 to shareholders of record November 13. The announcement reinforces Honeywell’s shareholder-return appeal. Honeywell Technologies Announces Quarterly Dividend
• Positive Sentiment: Wells Fargo initiated coverage with an Equal Weight rating and a $231 price target, implying potential upside from recent trading levels. Although the rating is neutral, the target provides some support for the stock.
• Positive Sentiment: Recent operating results were stronger than expected: Honeywell reported quarterly EPS of $1.95 versus the $1.80 consensus estimate, while revenue increased 3.4% year over year.
• Neutral Sentiment: Honeywell will release third-quarter results before the market opens on October 22 and host an investor conference call afterward. Investors may remain focused on updated guidance and evidence of improving demand. Honeywell Technologies Third-Quarter Results Announcement
• Neutral Sentiment: Industry research identifies Honeywell as a participant in phase-change-material markets expected to grow through 2032, but the reports do not provide company-specific revenue or earnings estimates. Advanced Phase Change Materials Market Forecast
• Negative Sentiment: A comparison with 3M highlights Honeywell’s automation strengths but also cites process weakness, while 3M is viewed favorably for industrial momentum, shareholder returns and valuation. This may limit enthusiasm for HON despite its dividend and earnings performance. 3M vs. Honeywell Comparison

About Honeywell International

Honeywell International Inc (NASDAQ:HON) is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.