Research Analysts Set Expectations for HON Q1 Earnings

Honeywell International Inc. (NASDAQ:HON) – Zacks Research reduced their Q1 2027 earnings estimates for shares of Honeywell International in a note issued to investors on Monday, June 23rd. Zacks Research analyst R. Department now forecasts that the conglomerate will earn $2.90 per share for the quarter, down from their prior forecast of $2.93. The consensus estimate for Honeywell International’s current full-year earnings is $10.34 per share.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The firm had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter in the previous year, the company posted $2.25 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis.

Several other brokerages have also recently issued reports on HON. JPMorgan Chase & Co. lifted their target price on Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Royal Bank Of Canada restated a “sector perform” rating and set a $226.00 price objective on shares of Honeywell International in a research note on Wednesday. Citigroup lifted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Wells Fargo & Company increased their target price on shares of Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Finally, Bank of America raised shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price target on the stock in a research report on Wednesday, May 7th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $249.21.

Honeywell International Price Performance

HON stock opened at $226.38 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The business has a 50-day simple moving average of $218.29 and a two-hundred day simple moving average of $215.80. The company has a market capitalization of $145.49 billion, a P/E ratio of 26.02, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. Honeywell International has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International’s payout ratio is presently 51.95%.

Institutional Investors Weigh In On Honeywell International

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Honeywell International by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 62,209,455 shares of the conglomerate’s stock worth $13,172,852,000 after acquiring an additional 447,744 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Honeywell International by 8.9% in the first quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate’s stock worth $3,335,476,000 after purchasing an additional 1,293,137 shares during the last quarter. Geode Capital Management LLC raised its stake in Honeywell International by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate’s stock valued at $3,379,568,000 after purchasing an additional 627,422 shares in the last quarter. Capital World Investors bought a new stake in Honeywell International during the fourth quarter valued at approximately $1,594,216,000. Finally, Capital Research Global Investors grew its stake in Honeywell International by 5.5% in the 4th quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate’s stock worth $1,500,141,000 after buying an additional 346,190 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.