Honeywell International (NASDAQ:HON) Given New $250.00 Price Target at JPMorgan Chase & Co.

Honeywell International (NASDAQ:HONGet Free Report) had its price objective lowered by equities research analysts at JPMorgan Chase & Co. from $260.00 to $250.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the conglomerate’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 8.14% from the stock’s current price.

A number of other research firms also recently commented on HON. Deutsche Bank Aktiengesellschaft increased their target price on shares of Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Rothschild & Co Redburn decreased their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Wolfe Research raised Honeywell International to a “hold” rating in a report on Monday, June 29th. Weiss Ratings downgraded Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Finally, Citigroup decreased their target price on Honeywell International from $269.40 to $260.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.79.

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Honeywell International Price Performance

HON stock opened at $231.18 on Tuesday. The business has a 50 day moving average price of $222.04 and a 200 day moving average price of $223.52. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The stock has a market cap of $73.24 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 1.62 and a beta of 0.90. Honeywell International has a fifty-two week low of $196.59 and a fifty-two week high of $261.24.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 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 company had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. During the same period in the prior year, the firm posted $2.21 earnings per share. The firm’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. Equities research analysts anticipate that Honeywell International will post 21.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HON. J. Stern & Co. LLP increased its stake in shares of Honeywell International by 22,704.6% during 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. SG Americas Securities LLC lifted its stake in Honeywell International by 15,459.1% in the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock valued at $791,667,000 after buying an additional 4,031,879 shares in the last quarter. Franklin Resources Inc. grew its holdings in Honeywell International by 28.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after buying an additional 2,277,234 shares during the last quarter. Diamant Asset Management Inc. purchased a new position in Honeywell International during the first quarter worth $496,693,000. Finally, Mizuho Markets Americas LLC raised its holdings in shares of Honeywell International by 921.0% in the fourth quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock worth $398,374,000 after acquiring an additional 1,842,000 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

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Honeywell International Company Profile

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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.

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