Honeywell International Inc. (NASDAQ:HON) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Honeywell International Inc. (NASDAQ:HON) have earned a consensus recommendation of “Moderate Buy” from the twenty-three analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $246.9167.

A number of equities analysts recently issued reports on the stock. TD Cowen lowered their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Rothschild & Co Redburn lowered 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. Morgan Stanley upped their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Weiss Ratings cut shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Finally, Barclays lowered 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, June 10th.

Honeywell International Price Performance

HON stock opened at $228.11 on Tuesday. The company has a 50 day simple moving average of $222.50 and a 200 day simple moving average of $221.34. The stock has a market cap of $144.54 billion, a price-to-earnings ratio of 32.31, a P/E/G ratio of 3.27 and a beta of 0.85. Honeywell International has a 1 year low of $186.76 and a 1 year high of $248.18. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10.

Honeywell International’s stock is 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 closing bell on Friday, June 26th.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data 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. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.21 EPS. 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. Research analysts anticipate that Honeywell International will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

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

Hedge Funds Weigh In On Honeywell International

Several institutional investors and hedge funds have recently added to or reduced their stakes in HON. Sapient Capital LLC boosted its stake in shares of Honeywell International by 7.3% in the 1st quarter. Sapient Capital LLC now owns 5,309 shares of the conglomerate’s stock valued at $1,200,000 after purchasing an additional 360 shares during the last quarter. Western Wealth Management LLC boosted its stake in Honeywell International by 21.8% during the first quarter. Western Wealth Management LLC now owns 6,794 shares of the conglomerate’s stock worth $1,536,000 after acquiring an additional 1,217 shares in the last quarter. LFG Wealth Partners LLC boosted its stake in Honeywell International by 8.1% during the first quarter. LFG Wealth Partners LLC now owns 6,588 shares of the conglomerate’s stock worth $1,489,000 after acquiring an additional 495 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Honeywell International by 3.1% during the first quarter. NewEdge Advisors LLC now owns 378,454 shares of the conglomerate’s stock worth $85,542,000 after acquiring an additional 11,353 shares in the last quarter. Finally, Blue Edge Capital LLC bought a new position in Honeywell International during the first quarter worth $221,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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.