Wells Fargo & Company Lowers Honeywell International (NASDAQ:HON) Price Target to $220.00

Honeywell International (NASDAQ:HON) had its price target reduced by stock analysts at Wells Fargo & Company from $230.00 to $220.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage presently has an “equal weight” rating on the conglomerate’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 4.68% from the company’s previous close.

Several other brokerages have also issued reports on HON. Morgan Stanley lifted their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Barclays lifted their target price on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Finally, Royal Bank Of Canada lowered their price target on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $254.07.

Honeywell International Stock Performance

HON opened at $210.17 on Monday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. Honeywell International has a 52-week low of $179.36 and a 52-week high of $242.77. The firm has a market cap of $133.44 billion, a P/E ratio of 23.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. The business’s fifty day moving average is $215.63 and its 200-day moving average is $217.45.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The firm had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.49 earnings per share. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Sell-side analysts expect that Honeywell International will post 10.34 EPS for the current fiscal year.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the sale, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.20% of the company’s stock.

Institutional Trading of Honeywell International

A number of large investors have recently bought and sold shares of the business. Chung Wu Investment Group LLC bought a new stake in Honeywell International in the second quarter worth approximately $26,000. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International during the 1st quarter worth approximately $33,000. RMG Wealth Management LLC acquired a new position in shares of Honeywell International during the 2nd quarter valued at $33,000. Activest Wealth Management boosted its stake in Honeywell International by 425.9% during the second quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 115 shares in the last quarter. Finally, Howard Hughes Medical Institute bought a new position in Honeywell International during the second quarter worth $33,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.