Rothschild & Co Redburn Has Lowered Expectations for Honeywell International (NASDAQ:HON) Stock Price

Honeywell International (NASDAQ:HON) had its target price lowered by stock analysts at Rothschild & Co Redburn from $235.00 to $225.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has a “neutral” rating on the conglomerate’s stock. Rothschild & Co Redburn’s target price points to a potential upside of 0.48% from the stock’s current price.

Other analysts have also issued reports about the company. TD Cowen decreased their price objective on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Wells Fargo & Company lowered their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Citigroup reduced their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Daiwa Securities Group raised their price target on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a research report on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $247.83.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $6.54 during midday trading on Thursday, reaching $223.93. The company had a trading volume of 1,036,366 shares, compared to its average volume of 4,153,067. The stock has a market cap of $141.89 billion, a P/E ratio of 31.71, a P/E/G ratio of 3.10 and a beta of 0.82. The company’s 50 day moving average price is $224.20 and its 200 day moving average price is $216.30. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International has a 52-week low of $186.76 and a 52-week high of $248.18.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.Honeywell International’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, sell-side analysts anticipate that Honeywell International will post 10.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of HON. Vanguard Group Inc. boosted its stake in shares of Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after purchasing an additional 1,027,413 shares in the last quarter. J. Stern & Co. LLP raised its position 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 during the period. State Street Corp lifted its stake in Honeywell International by 3.4% in the fourth 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% during the fourth quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after buying an additional 879,309 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Honeywell International by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock valued at $3,066,520,000 after buying an additional 120,929 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Company Profile

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.