Honeywell International (NASDAQ:HON) Rating Lowered to Strong Sell at Zacks Research

Honeywell International (NASDAQ:HONGet Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other research firms have also recently commented on HON. Weiss Ratings cut Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Barclays cut their price objective on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research report on Wednesday, June 10th. Wolfe Research upgraded Honeywell International to a “hold” rating in a research note on Monday, June 29th. Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a report on Tuesday, June 30th. Finally, Rothschild & Co Redburn dropped their price target on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $257.79.

Read Our Latest Stock Report on Honeywell International

Honeywell International Stock Up 1.3%

HON traded up $3.00 during trading on Thursday, reaching $226.42. 2,601,679 shares of the stock were exchanged, compared to its average volume of 3,951,829. The stock has a market cap of $71.74 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 4.00 and a beta of 0.90. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The stock’s 50 day moving average price is $223.32 and its two-hundred day moving average price is $224.27. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter last year, the company posted $2.21 earnings per share. The company’s revenue for the quarter 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. Equities analysts expect that Honeywell International will post 8.29 EPS for the current year.

Hedge Funds Weigh In On Honeywell International

Several institutional investors and hedge funds have recently modified their holdings of HON. J. Stern & Co. LLP grew its position in Honeywell International by 22,704.6% during the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after buying an additional 52,975,716 shares in the last quarter. SG Americas Securities LLC raised its holdings in Honeywell International by 15,459.1% in the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock valued at $791,667,000 after acquiring an additional 4,031,879 shares in the last quarter. Diamant Asset Management Inc. bought a new stake in shares of Honeywell International during the 1st quarter valued at $496,693,000. Mizuho Markets Americas LLC grew its holdings in shares of Honeywell International by 921.0% during the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock worth $398,374,000 after purchasing an additional 1,842,000 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Honeywell International during the 4th quarter worth $248,040,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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.

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