Honeywell International (NASDAQ:HON) Price Target Raised to $276.00 at The Goldman Sachs Group

Honeywell International (NASDAQ:HON) had its price target increased by The Goldman Sachs Group from $258.00 to $276.00 in a research note released on Wednesday, Marketbeat reports. They currently have a buy rating on the conglomerate’s stock.

Several other analysts also recently weighed in on HON. Jefferies Financial Group reduced their price objective 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. Rothschild & Co Redburn reduced 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 report on Thursday, May 21st. BMO Capital Markets assumed coverage on shares of Honeywell International in a research report on Friday, March 27th. They set an “outperform” rating and a $273.00 price objective for the company. Citigroup reduced 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, Royal Bank Of Canada restated an “outperform” rating and set a $268.00 price objective 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $248.04.

Honeywell International Stock Down 5.1%

Shares of Honeywell International stock opened at $223.26 on Wednesday. Honeywell International has a 52-week low of $186.76 and a 52-week high of $248.18. The company has a 50 day moving average of $224.03 and a 200 day moving average of $218.61. 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 company has a market capitalization of $141.47 billion, a P/E ratio of 31.62, a P/E/G ratio of 3.36 and a beta of 0.85.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $9.30 billion. During the same quarter in the previous year, the firm earned $2.21 earnings per share. The firm’s quarterly 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, research analysts forecast that Honeywell International will post 10.53 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a $1.19 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s dividend payout ratio is 67.42%.

Institutional Trading of Honeywell International

Several institutional investors and hedge funds have recently bought and sold shares of HON. Holos Integrated Wealth LLC purchased a new stake in Honeywell International in the 4th quarter valued at $25,000. Caitlin John LLC raised its position in Honeywell International by 138.9% in the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 75 shares during the last quarter. Ares Financial Consulting LLC purchased a new stake in Honeywell International in the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC purchased a new stake in Honeywell International in the 4th quarter valued at $28,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new stake in Honeywell International in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International News Roundup

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

• Positive Sentiment: Goldman Sachs raised its price target on Honeywell International to $276 from $258 and kept a buy rating, signaling confidence in the stock’s valuation and outlook. Goldman Sachs price target update
• Positive Sentiment: Honeywell’s Quantinuum quantum computing unit raised $1.68 billion in its U.S. IPO, which could crystallize value for HON shareholders and highlight strength in a high-growth asset. Quantinuum IPO Reuters article
• Positive Sentiment: Honeywell Aerospace held an investor day ahead of its planned spin-off and outlined long-term growth targets, including expectations for strong earnings growth and improved capital allocation after separation. Honeywell Aerospace growth outlook
• Positive Sentiment: Analyst commentary and recent coverage suggest the restructuring could unlock value by making Honeywell more focused and easier for investors to value. HON valuation and spinoff analysis
• Neutral Sentiment: Honeywell also announced an independent director appointment to support its portfolio transformation, reinforcing that the company is still executing on its broader restructuring plan. Independent director announcement
• Negative Sentiment: Some market commentary remains skeptical that Honeywell Aerospace will fully deliver the growth investors want after the spinoff, which may be weighing on sentiment in the near term. Barron’s commentary on Honeywell Aerospace

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.