Citigroup Cuts Honeywell International (NASDAQ:HON) Price Target to $262.00

Honeywell International (NASDAQ:HON) had its price objective cut by Citigroup from $267.00 to $262.00 in a research report report published on Monday morning,Benzinga reports. They currently have a buy rating on the conglomerate’s stock.

Other equities analysts have also recently issued research reports about the company. HSBC dropped their price target on Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Robert W. Baird dropped their target price on shares of Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a research report on Monday, October 13th. BNP Paribas Exane started coverage on shares of Honeywell International in a research report on Wednesday, December 3rd. They issued a “neutral” rating and a $195.00 price target for the company. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $212.00 to $218.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Finally, TD Cowen cut their target price on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $233.90.

Honeywell International Trading Up 1.3%

Honeywell International stock opened at $213.04 on Monday. The firm has a market cap of $135.26 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 2.91 and a beta of 0.95. Honeywell International has a 1 year low of $169.21 and a 1 year high of $228.04. The firm’s 50 day moving average price is $196.43 and its two-hundred day moving average price is $210.33. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.14 billion. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.58 EPS. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. On average, research analysts predict that Honeywell International will post 10.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Honeywell International

Several institutional investors and hedge funds have recently modified their holdings of HON. Armstrong Fleming & Moore Inc acquired a new stake in Honeywell International in the second quarter valued at about $998,000. Triton Financial Group Inc bought a new position in shares of Honeywell International in the second quarter worth about $1,001,000. Managed Asset Portfolios LLC boosted its stake in shares of Honeywell International by 2.3% in the 2nd quarter. Managed Asset Portfolios LLC now owns 95,833 shares of the conglomerate’s stock valued at $22,317,000 after purchasing an additional 2,154 shares in the last quarter. Baxter Bros Inc. grew its holdings in shares of Honeywell International by 14.6% during the 2nd quarter. Baxter Bros Inc. now owns 35,733 shares of the conglomerate’s stock valued at $8,321,000 after purchasing an additional 4,543 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new position in Honeywell International during the 2nd quarter worth approximately $1,943,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Quantinuum IPO could materially unlock value for HON — analysts and commentators estimate a potential ~$10B valuation for Quantinuum, which would crystallize more than $5B of value for Honeywell’s ~54% stake and reduce the conglomerate discount. This supports the bull case that a spin or IPO lets HON redeploy capital and simplify reporting. Honeywell: I View The Quantinuum IPO As A Decent Capital Raise
• Positive Sentiment: Company confirms Quantinuum will make a confidential submission of a draft S‑1 with the SEC, signalling an active path to IPO and giving investors a clearer timetable for value realization. Multiple outlets report the confidential filing and public comments from Honeywell. HONEYWELL ANNOUNCES QUANTINUUM’S PLAN TO MAKE CONFIDENTIAL SUBMISSION Honeywell announces Quantinuum’s plan to file for IPO (Reuters)
• Positive Sentiment: Analyst support remains — Citi publicly maintained a Buy rating on HON, which can buoy investor confidence even amid target adjustments. Citi Sticks to Their Buy Rating for Honeywell International (HON)
• Neutral Sentiment: Citi/analyst price‑target move: Citigroup cut HON’s price target to $262, which tempers upside expectations even though the buy rating was retained — an important nuance for risk/reward math. Citigroup Lowers Honeywell International Price Target
• Neutral Sentiment: Timing and execution remain uncertain — coverage notes an IPO window of late 2026–2027 and typical SEC/market timing risks; value realization is not immediate. Looking for a new quantum stock? Honeywell plans an IPO of its Quantinuum business.
• Negative Sentiment: Insider selling flagged — recent disclosures show insiders sold roughly $1.5M of HON shares, which some investors interpret as caution from company insiders and can weigh on sentiment near term. Honeywell International Insiders Sold US$1.5m Of Shares

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.