Citigroup Issues Positive Forecast for Honeywell International (NASDAQ:HON) Stock Price

Honeywell International (NASDAQ:HON) had its price objective hoisted by equities researchers at Citigroup from $270.00 to $271.00 in a report released on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the conglomerate’s stock. Citigroup‘s price target points to a potential upside of 22.21% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. Melius Research lowered shares of Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 price target for the company. in a research report on Monday, September 14th. BMO Capital Markets reaffirmed an “outperform” rating and set a $261.00 target price on shares of Honeywell International in a report on Friday. Rothschild & Co Redburn decreased their price objective on Honeywell International from $237.00 to $234.00 and set a “neutral” rating on the stock in a research note on Friday, September 25th. JPMorgan Chase & Co. increased their price objective on shares of Honeywell International from $240.00 to $241.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Daiwa Securities Group upgraded Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price target for the company in a research note on Tuesday, June 30th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and an average target price of $249.96.

Honeywell International Stock Up 1.6%

HON stock traded up $3.44 during trading on Friday, hitting $221.75. 1,530,597 shares of the stock traded hands, compared to its average volume of 3,856,558. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24. The firm’s 50 day moving average is $212.07 and its two-hundred day moving average is $221.91. The stock has a market cap of $70.28 billion, a price-to-earnings ratio of 8.59, a price-to-earnings-growth ratio of 1.60 and a beta of 0.86. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.10. The firm had revenue of $4.99 billion during the quarter, compared to analysts’ expectations of $5.01 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%. The company’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.82 earnings per share. On average, sell-side analysts anticipate that Honeywell International will post 8.27 EPS for the current year.

Insider Activity

In related news, CEO Kenneth West sold 17,032 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $243.77, for a total value 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 trade represents a 88.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Honeywell International

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Scarborough Advisors LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $34,000. Evolution Wealth Management Inc. boosted its holdings in shares of Honeywell International by 7,550.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 153 shares of the conglomerate’s stock worth $35,000 after purchasing an additional 151 shares during the last quarter. Silicon Valley Capital Partners grew its position in shares of Honeywell International by 39.5% in the first quarter. Silicon Valley Capital Partners now owns 226 shares of the conglomerate’s stock valued at $51,000 after purchasing an additional 64 shares in the last quarter. Vermillion Wealth Management Inc. lifted its position in Honeywell International by 205.3% during the second quarter. Vermillion Wealth Management Inc. now owns 229 shares of the conglomerate’s stock worth $51,000 after buying an additional 154 shares in the last quarter. Finally, Atlantic Private Wealth LLC purchased a new position in Honeywell International during the second quarter worth approximately $59,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Honeywell International

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

• Positive Sentiment: Raised earnings outlook: Honeywell increased its 2026 EPS guidance to $8.40-$8.45, above the $8.29 analyst consensus. The company also expects fourth-quarter EPS of $2.42-$2.47, slightly ahead of estimates. HON Q3 Earnings Call Highlights Higher Outlook and Energy Demand
• Positive Sentiment: Q3 profit beat and strong demand: Honeywell reported adjusted earnings of $2.27 per share, topping the $2.17 consensus. Organic sales rose 7%, supported by automation orders, energy projects and data-center demand, while management cited improving margins and cash flow. HON Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Analyst support: JPMorgan raised its price target from $240 to $241 and maintained an “overweight” rating. RBC trimmed its target modestly from $270 to $269 but retained an “outperform” rating.
• Positive Sentiment: AI expansion: Honeywell launched Forge Cognition, an AI and simulation platform for facility operations, in partnership with NVIDIA and Dell Technologies. The product targets asset reliability, energy efficiency and plant performance. Honeywell Unveils Forge Cognition
• Neutral Sentiment: Mixed guidance on revenue: Full-year revenue guidance of $20.0-$20.1 billion and fourth-quarter guidance of $5.0-$5.1 billion remain below consensus estimates of $20.2 billion and $5.2 billion, respectively.
• Neutral Sentiment: Morgan Stanley initiated or reiterated a “hold” rating, indicating that some analysts remain cautious despite the improved outlook.
• Negative Sentiment: Revenue slightly missed expectations: Q3 revenue was $4.99 billion versus the $5.01 billion consensus, and EPS declined from $2.82 in the prior-year quarter, tempering the otherwise favorable results.

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.