Honeywell International (NASDAQ:HON) Given “Outperform” Rating at Royal Bank Of Canada

Honeywell International (NASDAQ:HON)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research note issued on Thursday,Benzinga reports. They currently have a $268.00 price target on the conglomerate’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 18.52% from the company’s current price.

Other equities research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. TD Cowen decreased their price target on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. BMO Capital Markets initiated coverage on Honeywell International in a research note on Friday, March 27th. They issued an “outperform” rating and a $273.00 price target on the stock. Wells Fargo & Company decreased their target price on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Barclays lifted their target price on Honeywell International from $243.00 to $251.00 and gave the company an “overweight” rating in a research note on Wednesday, May 27th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $248.04.

Honeywell International Stock Performance

Shares of HON opened at $226.13 on Thursday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. The firm’s 50 day moving average is $224.03 and its 200-day moving average is $218.61. Honeywell International has a 12-month low of $186.76 and a 12-month high of $248.18. The stock has a market capitalization of $143.28 billion, a P/E ratio of 31.99, a P/E/G ratio of 3.36 and a beta of 0.85.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HON. Vanguard Group Inc. boosted its holdings in shares of Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after buying an additional 1,027,413 shares during the last quarter. J. Stern & Co. LLP raised 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 acquiring an additional 52,975,716 shares in the last quarter. State Street Corp lifted its stake in Honeywell International by 3.4% in the fourth quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock valued at $6,179,882,000 after acquiring an additional 1,031,897 shares during the last quarter. Morgan Stanley grew its position in shares of Honeywell International by 4.7% in the 4th quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after acquiring an additional 879,309 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Honeywell International by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock worth $3,066,520,000 after purchasing an additional 120,929 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Goldman Sachs raised its price target on Honeywell International (HON) to $276 from $258 and maintained a buy rating, signaling confidence in further upside. Honeywell International (NASDAQ:HON) Price Target Raised to $276.00 at The Goldman Sachs Group
• Positive Sentiment: Quantinuum’s upsized $1.68 billion IPO and strong investor demand could highlight hidden value in Honeywell’s assets and support sentiment toward HON. Exclusive: Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says
• Positive Sentiment: Honeywell Aerospace’s investor day and upbeat growth outlook ahead of the planned spin-off reinforce the case for a leaner, more focused Honeywell structure. A leaner, more focused Honeywell Aerospace projects strong growth after spinoff
• Neutral Sentiment: Honeywell Aerospace said it expects strong long-term earnings growth and outlined 2030 targets, which is supportive for the parent but still depends on execution after the separation. As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
• Neutral Sentiment: Honeywell also expanded industrial safety software with predictive analytics and compliance tools, a modest positive but not likely the main stock driver today. Honeywell expands industrial safety software with predictive analytics, compliance tools

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.