Honeywell International (NASDAQ:HON) Given Outperform Rating at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Honeywell International (NASDAQ:HON) in a report issued on Thursday morning,Benzinga reports. The firm currently has a $275.00 target price on the conglomerate’s stock.

Several other brokerages have also recently issued reports on HON. Rothschild & Co Redburn decreased their price target on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Barclays decreased their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research report on Wednesday. Citigroup decreased their price objective on shares of Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Wells Fargo & Company decreased their price objective on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $246.92.

Honeywell International Trading Up 2.3%

NASDAQ HON traded up $5.13 on Thursday, hitting $224.25. The company’s stock had a trading volume of 1,021,918 shares, compared to its average volume of 4,291,455. 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 has a 1-year low of $186.76 and a 1-year high of $248.18. The company’s 50-day moving average is $222.80 and its 200 day moving average is $219.52. The firm has a market cap of $142.10 billion, a PE ratio of 31.80, a PEG ratio of 2.94 and a beta of 0.85.

Honeywell International shares are set to reverse split before the market opens on Monday, June 29th. The 1-2 reverse split was announced on Friday, June 5th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, June 26th.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same period in the prior year, the company posted $2.21 EPS. The company’s revenue was up 2.4% on a year-over-year basis. 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. As a group, analysts predict that Honeywell International will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were given a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. LFG Wealth Partners LLC increased its stake in shares of Honeywell International by 8.1% in the first quarter. LFG Wealth Partners LLC now owns 6,588 shares of the conglomerate’s stock worth $1,489,000 after purchasing an additional 495 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Honeywell International by 3.1% in the first quarter. NewEdge Advisors LLC now owns 378,454 shares of the conglomerate’s stock worth $85,542,000 after purchasing an additional 11,353 shares in the last quarter. Blue Edge Capital LLC purchased a new position in shares of Honeywell International in the first quarter worth about $221,000. Caerus Investment Advisors LLC purchased a new position in shares of Honeywell International in the first quarter worth about $412,000. Finally, First Nebraska Trust Co purchased a new position in shares of Honeywell International in the first quarter worth about $7,352,000. 75.91% of the stock is owned by institutional investors.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Honeywell’s investor day and analyst/investor transcript highlighted the upcoming split into two standalone businesses, which investors are viewing as a potential value-unlocking catalyst. The company also outlined growth plans for its automation business, helping reinforce the bull case. Honeywell International Inc. (HON) Analyst/Investor Day Transcript
• Positive Sentiment: Honeywell International announced its FY 2026 guidance, with EPS of $10.35-$10.65 and revenue of $38.8 billion-$39.8 billion, signaling management’s confidence in the business ahead of the planned separation. HONEYWELL TECHNOLOGIES HOSTS 2026 INVESTOR DAY; PROVIDES NEW THREE-YEAR FINANCIAL FRAMEWORK
• Positive Sentiment: Honeywell said it is targeting $2 billion to $4 billion acquisitions, with a focus on industrial automation, suggesting the company may pursue deals to accelerate growth and reshape the portfolio. Honeywell targets $2 bln-$4 bln deals, eyes industrial automation M&A
• Neutral Sentiment: Sanford C. Bernstein upgraded Honeywell to “hold,” while Barclays lowered its price target but kept an “overweight” rating. These mixed analyst actions are unlikely to be a major standalone driver, but they show the stock remains under close review. Street Insider Benzinga
• Negative Sentiment: Shares were also weighed down earlier in the week by broader industrial-sector selling and a drop in HON during a risk-off session tied to surging oil prices and geopolitical tensions. Honeywell Stock Jumps as Breakup Nears

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.