Sanford C. Bernstein Upgrades Honeywell International (NASDAQ:HON) to “Hold”

Honeywell International (NASDAQ:HON) was upgraded by research analysts at Sanford C. Bernstein to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other analysts also recently commented on the company. Citigroup lowered their price objective on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, April 24th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Honeywell International in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft decreased their price target on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 14th. The Goldman Sachs Group raised their price objective on Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Rothschild & Co Redburn cut their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $246.63.

Honeywell International Stock Performance

HON opened at $205.88 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The company’s fifty day moving average price is $222.94 and its two-hundred day moving average price is $219.32. Honeywell International has a 1-year low of $186.76 and a 1-year high of $248.18. The company has a market cap of $130.46 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 3.08 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 closing bell on Friday, June 26th.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $9.30 billion. During the same period in the previous year, the firm posted $2.21 earnings per share. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. 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, analysts expect that Honeywell International will post 10.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Honeywell International

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Honeywell International by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after buying an additional 1,027,413 shares during the last quarter. J. Stern & Co. LLP increased its holdings in Honeywell International by 22,704.6% in the 4th quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after acquiring an additional 52,975,716 shares during the last quarter. State Street Corp raised its stake in Honeywell International by 3.4% in the 4th quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock valued at $6,179,882,000 after acquiring an additional 1,031,897 shares during the period. Morgan Stanley lifted its holdings in Honeywell International by 4.7% during the fourth quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after purchasing an additional 879,309 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Honeywell International by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock valued at $3,066,520,000 after purchasing an additional 120,929 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

More Honeywell International News

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

• Positive Sentiment: Honeywell hosted its 2026 investor day and provided a new three-year financial framework, which could help investors gauge the outlook for the post-spin company structure. Honeywell Technologies Hosts 2026 Investor Day; Provides New Three-Year Financial Framework
• Positive Sentiment: Barclays lowered its price target to $239 but kept an overweight rating, while Sanford C. Bernstein initiated coverage with a hold rating and a $233 target, suggesting analysts still see value despite recent weakness. Analyst and trading-related coverage
• Positive Sentiment: Honeywell reaffirmed its full-year adjusted profit and sales guidance as the Aerospace separation approaches, which can reassure investors about near-term fundamentals. Honeywell (HON) Sticks with Full-Year Forecast as Aerospace Separation Nears
• Neutral Sentiment: Honeywell introduced Experion Cognition for autonomous control room operations at Borouge International, a product update that supports its automation narrative but is unlikely to move the stock immediately. Honeywell Introduces Experion Cognition to Deliver Autonomous Control Room Operations for Borouge International
• Negative Sentiment: Honeywell shares fell sharply as the industrial group sold off, with investors reacting to surging oil prices and broader macro concerns tied to geopolitical tension. Honeywell Stock Drops As Oil Prices Surge Amid Trump’s Threats
• Negative Sentiment: The stock’s recent slide has also been highlighted by market commentary noting a bigger decline than the broader market, adding to near-term sentiment pressure. Honeywell International Inc. (HON) Registers a Bigger Fall Than the Market: Important Facts to Note

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.