Honeywell International (NASDAQ:HON) Given New $251.00 Price Target at Barclays

Honeywell International (NASDAQ:HON) had its price objective raised by investment analysts at Barclays from $243.00 to $251.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the conglomerate’s stock. Barclays‘s target price would indicate a potential upside of 7.90% from the stock’s current price.

HON has been the topic of a number of other reports. Weiss Ratings lowered Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. BMO Capital Markets initiated coverage on Honeywell International in a report on Friday, March 27th. They issued an “outperform” rating and a $273.00 target price on the stock. Citigroup dropped their price target on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Morgan Stanley upped their price target on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Finally, Daiwa Securities Group raised their price objective on shares of Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $248.17.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $0.90 during trading on Wednesday, reaching $232.62. The stock had a trading volume of 1,239,167 shares, compared to its average volume of 4,196,528. The stock has a fifty day simple moving average of $223.46 and a two-hundred day simple moving average of $217.14. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. Honeywell International has a 52 week low of $186.76 and a 52 week high of $248.18. The firm has a market capitalization of $147.40 billion, a price-to-earnings ratio of 32.95, a P/E/G ratio of 3.26 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.21 EPS. 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. As a group, analysts anticipate that Honeywell International will post 10.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HON. Axiom Investment Management LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $3,096,000. Summitry LLC bought a new stake in shares of Honeywell International in the 1st quarter valued at approximately $25,179,000. WNY Asset Management LLC acquired a new position in shares of Honeywell International in the 1st quarter worth approximately $252,000. Verus Capital Partners LLC lifted its position in shares of Honeywell International by 3.5% during the 1st quarter. Verus Capital Partners LLC now owns 6,888 shares of the conglomerate’s stock worth $1,557,000 after buying an additional 230 shares during the period. Finally, Montchanin Asset Management LLC acquired a new stake in Honeywell International in the 1st quarter valued at $2,269,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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.