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

Honeywell International (NASDAQ:HON) had its price target lowered by Royal Bank Of Canada from $293.00 to $270.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the conglomerate’s stock.

Several other analysts also recently commented on HON. Jefferies Financial Group began coverage on shares of Honeywell International in a report on Monday, August 17th. They set a “hold” rating and a $255.00 target price on the stock. Zacks Research upgraded shares of Honeywell International from a “strong sell” rating to a “hold” rating in a report on Friday, September 4th. Morgan Stanley upped their price target on shares of Honeywell International from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday, August 31st. Melius Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 price objective for the company. in a research report on Monday, September 14th. Finally, 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. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $249.60.

Honeywell International Trading Up 0.4%

NASDAQ HON opened at $211.41 on Wednesday. Honeywell International has a one year low of $196.59 and a one year high of $261.24. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. The firm has a market cap of $67.00 billion, a P/E ratio of 11.91, a P/E/G ratio of 1.80 and a beta of 0.86. The stock’s 50-day moving average is $213.79 and its 200-day moving average is $222.32.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%. The business had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the business posted $1.77 EPS. 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 anticipate that Honeywell International will post 8.27 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be given 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 is currently 27.60%.

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth West sold 17,032 shares of the company’s stock in a transaction dated 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 directly owned 2,132 shares of the company’s stock, valued at $519,717.64. This represents a 88.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Honeywell International

Several institutional investors have recently bought and sold shares of the company. J. Stern & Co. LLP boosted its position in Honeywell International by 22,704.6% during the 4th 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 during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Honeywell International during the 2nd quarter worth approximately $732,869,000. Diamant Asset Management Inc. bought a new position in shares of Honeywell International during the 1st quarter worth approximately $496,693,000. Public Employees Retirement System of Ohio raised its holdings in shares of Honeywell International by 255.1% in the first quarter. Public Employees Retirement System of Ohio now owns 909,312 shares of the conglomerate’s stock valued at $205,532,000 after purchasing an additional 653,249 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Honeywell International by 10.2% in the fourth quarter. Invesco Ltd. now owns 6,741,390 shares of the conglomerate’s stock valued at $1,315,178,000 after purchasing an additional 625,436 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International News Roundup

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

• Positive Sentiment: Mizuho lowered its price target to $255 from $265 but maintained an “outperform” rating. The revised target still implies substantial upside from recent trading levels, suggesting the firm views Honeywell’s valuation and long-term prospects favorably. Mizuho cuts target for Honeywell stock
• Positive Sentiment: Honeywell’s Forge Cognition launch, developed with NVIDIA and Dell Technologies, strengthens its push into AI-powered facility management, industrial simulation and data-driven operations. The initiative could support higher-growth software and recurring-revenue opportunities. Is Honeywell International cheap following its new AI alliance launch?
• Positive Sentiment: A preview of Honeywell’s planned separation highlights improving operational efficiency, margin expansion and momentum in its Forge software platform. Software annual recurring revenue is approaching $1 billion, while management may exceed recently raised guidance if segment trends remain strong. Honeywell Q3 preview
• Neutral Sentiment: Honeywell’s planned separation remains a key strategic catalyst, but investors are awaiting more details on execution, timing and the effect on the company’s future growth profile. Honeywell planned separation
• Negative Sentiment: RBC also reduced its price target, adding to recent analyst caution even though target changes remain generally above the current share price. Royal Bank of Canada cuts Honeywell price target
• Negative Sentiment: Analysts expect third-quarter earnings to decline, and one preview argues Honeywell may lack the catalysts needed for a significant earnings beat. The upcoming report is therefore an important near-term risk. Honeywell Q3 earnings preview

About Honeywell International

Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.