Honeywell International (NASDAQ:HON) Rating Increased to Hold at Wolfe Research

Wolfe Research upgraded shares of Honeywell International (NASDAQ:HONFree Report) to a hold rating in a research report report published on Monday,Zacks.com reports.

A number of other research analysts also recently commented on HON. Barclays lowered their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 10th. Citigroup cut their target price on shares of Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Weiss Ratings downgraded shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. Finally, Sanford C. Bernstein initiated coverage on Honeywell International in a report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $246.92.

Check Out Our Latest Stock Report on HON

Honeywell International Stock Down 50.9%

NASDAQ:HON opened at $227.80 on Monday. The business’s fifty day moving average price is $222.05 and its 200 day moving average price is $222.62. The firm has a market capitalization of $144.35 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 3.32 and a beta of 0.85. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International has a 1-year low of $227.16 and a 1-year high of $496.36.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same period last year, the company posted $2.21 EPS. The business’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 forecast that Honeywell International will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were paid 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

Several institutional investors have recently added to or reduced their stakes in HON. Caitlin John LLC increased its position in Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 75 shares during the period. Holos Integrated Wealth LLC acquired a new position in Honeywell International during the 4th quarter valued at $25,000. Ares Financial Consulting LLC bought a new stake in Honeywell International in the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new stake in Honeywell International in the 4th quarter worth $28,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in Honeywell International in the 4th quarter worth $28,000. 75.91% of the stock is owned by institutional investors.

Honeywell International News Roundup

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

About Honeywell International

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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.

Further Reading

Analyst Recommendations for Honeywell International (NASDAQ:HON)

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