Honeywell International (NASDAQ:HON) Stock Price Expected to Rise, Citigroup Analyst Says

Honeywell International (NASDAQ:HON) had its target price increased by equities researchers at Citigroup from $260.00 to $279.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the conglomerate’s stock. Citigroup’s price target would indicate a potential upside of 14.74% from the company’s previous close.

Other analysts also recently issued research reports about the company. Jefferies Financial Group cut their target price on Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Barclays decreased their price target on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research note on Wednesday, June 10th. Mizuho raised their price target on Honeywell International from $240.00 to $480.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a research note on Monday, June 29th. Finally, Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price objective for the company in a report on Tuesday, June 30th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $259.54.

Honeywell International Price Performance

NASDAQ HON opened at $243.15 on Friday. The company has a 50-day moving average price of $226.15 and a two-hundred day moving average price of $226.62. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. The stock has a market cap of $77.04 billion, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of 5.48 and a beta of 0.90. The company has a current ratio of 1.21, a quick ratio of 1.10 and a debt-to-equity ratio of 1.39.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.77 earnings per share. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. Analysts forecast that Honeywell International will post 8.19 EPS for the current year.

Hedge Funds Weigh In On Honeywell International

Several hedge funds have recently modified their holdings of HON. Caitlin John LLC boosted its stake in Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after buying an additional 75 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in Honeywell International in the 4th quarter valued at about $26,000. Hilton Head Capital Partners LLC acquired a new stake in Honeywell International in the 4th quarter valued at about $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Honeywell International in the 4th quarter valued at about $28,000. Finally, JPL Wealth Management LLC bought a new position in shares of Honeywell International during the 3rd quarter valued at about $31,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Honeywell beat Q2 expectations, reporting EPS of $1.95 and revenue of $9.72 billion, with organic sales up 4% and orders up 16%; management also highlighted stronger backlog and improving demand in automation and building systems. Honeywell Technologies Reports Second Quarter Results
• Positive Sentiment: Honeywell raised its full-year outlook and several analysts lifted price targets, including Citigroup to $279 and RBC to $298, signaling confidence in the company’s growth and margin outlook. Analyst price target updates
• Positive Sentiment: Management emphasized the next phase of Honeywell’s transformation toward a more focused automation company, which investors may view as a potential catalyst for higher margins and simpler execution. HON Q2 Earnings Call Highlights Automation Growth Push
• Neutral Sentiment: The board declared a quarterly dividend of CAD 0.70 per share, reinforcing Honeywell’s shareholder-return profile but not likely to move the stock on its own. Honeywell Technologies Announces Quarterly Dividend
• Neutral Sentiment: Short-interest data showed essentially no short interest, so this does not appear to be a meaningful trading factor for the stock right now.
• Negative Sentiment: Despite the upbeat quarter, Honeywell’s updated Q3 and Q4 EPS guidance came in below some Wall Street expectations, which may temper enthusiasm around the earnings beat. Honeywell earnings call and guidance details

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.