Honeywell International (NASDAQ:HON) Stock Gets Price Target Cut from Royal Bank Of Canada

Honeywell International (NASDAQ:HON) had its price target lowered by Royal Bank Of Canada from $270.00 to $269.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an outperform rating on the conglomerate’s stock.

Other equities research analysts have also issued research reports about the company. Melius Research lowered Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 price target on the stock. in a research note on Monday, September 14th. Rothschild & Co Redburn decreased their price objective on shares of Honeywell International from $237.00 to $234.00 and set a “neutral” rating for the company in a research report on Friday, September 25th. Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price objective for the company in a research report on Tuesday, June 30th. Wells Fargo & Company started coverage on shares of Honeywell International in a research note on Friday, September 25th. They issued an “equal weight” rating and a $231.00 target price for the company. Finally, BMO Capital Markets boosted their target price on shares of Honeywell International from $253.00 to $276.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $249.96.

Honeywell International Price Performance

NASDAQ HON opened at $221.15 on Friday. The firm’s fifty day simple moving average is $211.82 and its two-hundred day simple moving average is $221.86. The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Honeywell International has a 12-month low of $196.59 and a 12-month high of $261.24. The firm has a market capitalization of $70.18 billion, a P/E ratio of 9.95, a P/E/G ratio of 1.61 and a beta of 0.86.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.10. Honeywell International had a return on equity of 25.62% and a net margin of 24.36%. The company had revenue of $4.99 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same period in the prior year, the company posted $2.82 EPS. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. Analysts forecast that Honeywell International will post 8.46 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 13th. Honeywell International’s dividend payout ratio (DPR) is 32.12%.

Insider Activity

In related news, CEO Kenneth West sold 316 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $245.47, for a total transaction of $77,568.52. Following the completion of the transaction, the chief executive officer directly owned 2,004 shares in the company, valued at $491,921.88. The trade was a 13.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Honeywell International

Hedge funds have recently added to or reduced their stakes in the business. Studio Investment Management LLC purchased a new position in Honeywell International during the second quarter valued at approximately $2,578,000. Azimuth Capital Investment Management LLC purchased a new stake in Honeywell International in the 2nd quarter worth approximately $1,448,000. Syon Capital LLC purchased a new stake in Honeywell International in the 2nd quarter worth approximately $1,320,000. Allen Mooney & Barnes Investment Advisors LLC acquired a new stake in shares of Honeywell International during the 2nd quarter worth approximately $7,202,000. Finally, Rogco LP acquired a new stake in shares of Honeywell International during the 2nd quarter worth approximately $640,000. 75.91% of the stock is 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: Honeywell reported third-quarter adjusted EPS of $2.27, ahead of the $2.17 analyst consensus. Organic sales growth reached 7%, supported by stronger automation orders, energy projects and data-center demand. HON Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Honeywell raised its 2026 EPS outlook to $8.40-$8.45, above the $8.29 consensus, while also increasing its expectations for organic sales and cash flow. Fourth-quarter EPS guidance of $2.42-$2.47 is modestly above estimates. HON Q3 Earnings Call Highlights Higher Outlook and Energy Demand
• Positive Sentiment: Citigroup raised its price target to $271 and initiated a “buy” rating, while JPMorgan increased its target to $241 and maintained an “overweight” rating. The revisions indicate analysts see additional upside from margin improvement and segment growth.
• Positive Sentiment: Honeywell launched Forge Cognition, an AI and simulation platform developed with NVIDIA and Dell Technologies to improve industrial reliability, energy efficiency and facility operations. The company is also targeting fire-prevention and security products at battery installations and data centers. Honeywell Unveils Forge Cognition
• Neutral Sentiment: Third-quarter revenue of $4.99 billion was slightly below the $5.01 billion consensus, and full-year revenue guidance of $20.0-$20.1 billion trails the $20.2 billion estimate.
• Neutral Sentiment: RBC trimmed its price target to $269 but kept an “outperform” rating, while Morgan Stanley maintained a “hold” view, signaling that valuation and execution remain potential constraints.

About Honeywell International

Honeywell International Inc is a diversified industrial technology company that develops products and systems for the aerospace, building automation, energy and industrial sectors. Its offerings include aircraft engines and avionics, industrial automation and control systems, building management technologies, fire and security products, personal protective equipment, and specialty materials and chemicals.

The company serves commercial aerospace, defense, airlines, building owners, manufacturers, energy producers and other industrial customers.