JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Honeywell International (NASDAQ:HON) Stock

Honeywell International (NASDAQ:HON) had its price target upped by investment analysts at JPMorgan Chase & Co. from $240.00 to $241.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the conglomerate’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 9.91% from the company’s previous close.

HON has been the topic of a number of other research reports. Mizuho decreased their price target on shares of Honeywell International from $265.00 to $255.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. 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 note on Tuesday, June 30th. Melius Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 target price on the stock. in a report on Monday, September 14th. Royal Bank Of Canada decreased their target price on shares of Honeywell International from $270.00 to $269.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Citigroup lowered their price target on shares of Honeywell International from $279.00 to $270.00 and set a “buy” rating for the company in a report on Monday, October 12th. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $249.60.

Honeywell International Price Performance

Shares of HON traded up $0.96 during mid-day trading on Friday, hitting $219.27. 770,412 shares of the stock were exchanged, compared to its average volume of 3,853,024. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. The company has a market cap of $69.50 billion, a PE ratio of 8.48, a price-to-earnings-growth ratio of 1.60 and a beta of 0.86. Honeywell International has a 52-week low of $196.59 and a 52-week high of $261.24. The firm has a 50-day moving average of $212.07 and a two-hundred day moving average of $221.91.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.10. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm had revenue of $4.99 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period last year, the firm posted $2.82 earnings per share. Honeywell International’s revenue for the quarter was up 1.3% compared to the same quarter last year. On average, equities analysts predict that Honeywell International will post 8.27 earnings per share for the current year.

Insider Activity

In other Honeywell International news, CEO Kenneth West sold 17,032 shares of the business’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. The trade was a 88.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is owned by company insiders.

Hedge Funds Weigh In On Honeywell International

A number of large investors have recently bought and sold shares of the business. Studio Investment Management LLC bought a new position in shares of Honeywell International in the second quarter worth about $2,578,000. Azimuth Capital Investment Management LLC purchased a new position in Honeywell International in the 2nd quarter worth about $1,448,000. Syon Capital LLC bought a new stake in Honeywell International during the 2nd quarter valued at about $1,320,000. Allen Mooney & Barnes Investment Advisors LLC bought a new stake in Honeywell International during the 2nd quarter valued at about $7,202,000. Finally, Rogco LP bought a new stake in Honeywell International during the 2nd quarter valued at about $640,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Third-quarter earnings beat expectations. Honeywell reported adjusted EPS of $2.27, above the $2.17 consensus estimate. Automation demand helped drive 7% organic sales growth, while energy projects and data-center demand supported results. Honeywell Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Full-year EPS guidance was raised. Honeywell now expects fiscal 2026 EPS of $8.40-$8.45, above the $8.29 analyst consensus. The company also increased its outlook for full-year organic sales and cash flow, signaling continued operating momentum.
• Positive Sentiment: New industrial AI platform expands Honeywell’s software opportunity. The company launched Forge Cognition with NVIDIA and Dell Technologies to apply AI and physics-based simulation to facility reliability, energy consumption and plant performance. Honeywell Unveils Forge Cognition
• Neutral Sentiment: Analyst views are mixed. Royal Bank of Canada maintained an “outperform” rating and a $269 price target, while Morgan Stanley assigned a “hold” rating. RBC’s target was trimmed slightly from $270. Royal Bank of Canada Honeywell rating
• Negative Sentiment: Revenue guidance fell short of expectations. Fourth-quarter revenue guidance of $5.0-$5.1 billion and full-year revenue guidance of $20.0-$20.1 billion are below consensus estimates of $5.2 billion and $20.2 billion, respectively. Third-quarter revenue also narrowly missed estimates at $4.99 billion, and EPS declined from the prior-year period.

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.