Honeywell International (NASDAQ:HON) Given New $250.00 Price Target at Deutsche Bank Aktiengesellschaft

Honeywell International (NASDAQ:HON) had its price objective reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from $255.00 to $250.00 in a research note issued on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the conglomerate’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 17.34% from the company’s previous close.

A number of other analysts have also weighed in on the stock. Barclays reduced their price objective on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group reduced their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday, April 27th. BMO Capital Markets started coverage on Honeywell International in a research report on Friday, March 27th. They issued an “outperform” rating and a $273.00 price objective on the stock. Rothschild & Co Redburn raised their target price on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Finally, Wells Fargo & Company cut their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.25.

Honeywell International Price Performance

NASDAQ:HON traded down $4.66 during mid-day trading on Thursday, hitting $213.07. 1,271,921 shares of the stock traded hands, compared to its average volume of 4,127,219. The business’s 50-day moving average price is $226.04 and its 200 day moving average price is $216.14. Honeywell International has a 12-month low of $186.76 and a 12-month high of $248.18. The company has a market cap of $135.01 billion, a PE ratio of 30.18, a price-to-earnings-growth ratio of 3.11 and a beta of 0.82. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, analysts expect that Honeywell International will post 10.54 EPS for the current fiscal year.

Insider Activity at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at $7,459,440. This trade represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.15% of the company’s stock.

Institutional Trading of Honeywell International

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in Honeywell International by 1.7% in the fourth 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 boosted its stake in Honeywell International by 22,704.6% in the 4th quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after purchasing an additional 52,975,716 shares in the last quarter. State Street Corp grew its position in Honeywell International by 3.4% during the 4th quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock worth $6,179,882,000 after purchasing an additional 1,031,897 shares during the last quarter. Morgan Stanley boosted its position in Honeywell International by 4.7% in the 4th quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock worth $3,789,706,000 after purchasing an additional 879,309 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Honeywell International by 0.8% in 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 in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

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.