Honeywell International (NASDAQ:HON) Raised to “Hold” at Wells Fargo & Company

Honeywell International (NASDAQ:HON) was upgraded by stock analysts at Wells Fargo & Company to a “hold” rating in a research note issued on Thursday, Zacks reports.

Other analysts also recently issued reports about the stock. Jefferies Financial Group started coverage on shares of Honeywell International in a report on Monday, August 17th. They set a “hold” rating and a $255.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on Honeywell International from $262.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, August 14th. Bank of America raised Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $205.00 to $265.00 in a report on Tuesday, July 28th. Barclays cut their target price on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research note on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Thirteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $251.52.

Honeywell International Stock Up 0.4%

Honeywell International stock opened at $212.55 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. Honeywell International has a 1-year low of $196.59 and a 1-year high of $261.24. The firm’s fifty day simple moving average is $223.22 and its 200-day simple moving average is $224.38. The company has a market capitalization of $67.37 billion, a P/E ratio of 8.22, a P/E/G ratio of 3.55 and a beta of 0.87.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same period in the prior year, the company posted $1.77 earnings per share. Honeywell International’s revenue for the quarter was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. Sell-side analysts forecast that Honeywell International will post 8.29 earnings per share for the current fiscal year.

Insider Activity at Honeywell International

In related news, CEO Kenneth West sold 17,032 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $243.77, for a total transaction of $4,151,890.64. Following the completion of the transaction, the chief executive officer owned 2,132 shares in the company, valued at $519,717.64. This trade represents a 88.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Verus Capital Partners LLC grew its holdings in shares of Honeywell International by 0.7% in the 4th quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock worth $1,299,000 after purchasing an additional 44 shares during the last quarter. Claro Advisors Inc. boosted its position in Honeywell International by 0.3% in the fourth quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock valued at $2,718,000 after buying an additional 45 shares in the last quarter. Kesler Norman & Wride LLC grew its stake in Honeywell International by 0.5% during the fourth quarter. Kesler Norman & Wride LLC now owns 9,455 shares of the conglomerate’s stock worth $1,845,000 after buying an additional 47 shares during the last quarter. Balboa Wealth Partners grew its stake in Honeywell International by 3.1% during the first quarter. Balboa Wealth Partners now owns 1,578 shares of the conglomerate’s stock worth $357,000 after buying an additional 48 shares during the last quarter. Finally, Waterfront Wealth Inc. increased its holdings in shares of Honeywell International by 4.1% during the first quarter. Waterfront Wealth Inc. now owns 1,241 shares of the conglomerate’s stock worth $281,000 after buying an additional 49 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International News Summary

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

• Positive Sentiment: The board declared a quarterly dividend of $0.70 per share, payable December 4 to shareholders of record November 13. The announcement reinforces Honeywell’s shareholder-return appeal. Honeywell Technologies Announces Quarterly Dividend
• Positive Sentiment: Wells Fargo initiated coverage with an Equal Weight rating and a $231 price target, implying potential upside from recent trading levels. Although the rating is neutral, the target provides some support for the stock.
• Positive Sentiment: Recent operating results were stronger than expected: Honeywell reported quarterly EPS of $1.95 versus the $1.80 consensus estimate, while revenue increased 3.4% year over year.
• Neutral Sentiment: Honeywell will release third-quarter results before the market opens on October 22 and host an investor conference call afterward. Investors may remain focused on updated guidance and evidence of improving demand. Honeywell Technologies Third-Quarter Results Announcement
• Neutral Sentiment: Industry research identifies Honeywell as a participant in phase-change-material markets expected to grow through 2032, but the reports do not provide company-specific revenue or earnings estimates. Advanced Phase Change Materials Market Forecast
• Negative Sentiment: A comparison with 3M highlights Honeywell’s automation strengths but also cites process weakness, while 3M is viewed favorably for industrial momentum, shareholder returns and valuation. This may limit enthusiasm for HON despite its dividend and earnings performance. 3M vs. Honeywell Comparison

Honeywell International Company Profile

Honeywell International Inc (NASDAQ:HON) is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.