Honeywell International (NASDAQ:HON) Given New $262.00 Price Target at The Goldman Sachs Group

Honeywell International (NASDAQ:HONFree Report) had its price target raised by The Goldman Sachs Group from $236.00 to $262.00 in a research report released on Monday,MarketScreener reports. They currently have a buy rating on the conglomerate’s stock.

Other equities analysts also recently issued research reports about the stock. Mizuho cut their price target on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Robert W. Baird upped their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. HSBC reduced their price target on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Honeywell International in a research note on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Honeywell International from $259.00 to $273.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $247.50.

Get Our Latest Stock Analysis on HON

Honeywell International Stock Performance

Shares of HON stock opened at $243.06 on Monday. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 1.81. The stock has a 50 day simple moving average of $217.58 and a 200-day simple moving average of $210.10. The company has a market cap of $154.51 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 3.53 and a beta of 0.94. Honeywell International has a 12-month low of $169.21 and a 12-month high of $246.00.

Honeywell International (NASDAQ:HONGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The firm had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.47 earnings per share. On average, equities analysts forecast that Honeywell International will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. Honeywell International’s payout ratio is currently 59.57%.

Insiders Place Their Bets

In other Honeywell International news, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the transaction, the vice president owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 18,190 shares of company stock worth $4,244,287. 0.41% of the stock is owned by insiders.

Institutional Investors Weigh In On Honeywell International

Hedge funds have recently modified their holdings of the company. MV Capital Management Inc. acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $91,000. Cambient Family Office LLC purchased a new stake in Honeywell International in the 4th quarter worth approximately $3,025,000. Compound Planning Inc. raised its holdings in Honeywell International by 3.8% in the 4th quarter. Compound Planning Inc. now owns 7,041 shares of the conglomerate’s stock valued at $1,374,000 after acquiring an additional 256 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Honeywell International by 10.2% during the 4th quarter. Invesco Ltd. now owns 6,741,390 shares of the conglomerate’s stock worth $1,315,178,000 after purchasing an additional 625,436 shares during the period. Finally, First Growth Capital LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $239,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International News Summary

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

  • Positive Sentiment: Honeywell agreed to an amended deal to acquire Johnson Matthey’s Catalyst Technologies business at a reduced total consideration of £1.325 billion, lowering its cash outlay and improving deal economics. PR Newswire: Amended Agreement
  • Positive Sentiment: Market reports frame the price cut as roughly a 26% discount to the prior terms (~£1.8bn), which reduces acquisition risk and potential goodwill write-up for Honeywell. MarketWatch: $500M Off Deal
  • Positive Sentiment: Goldman Sachs raised its price target on HON to $262 and kept a Buy rating, signaling continued analyst support and suggesting upside from current levels. MarketScreener: Goldman Sachs PT
  • Neutral Sentiment: HON shares recently reached an all-time high, reflecting strong momentum — this likely prompted some investor rebalancing/short-term profit taking. Investing.com: All-time High
  • Neutral Sentiment: The amended agreement extends the long‑stop date (deadline) to July 21, 2026, which lengthens timing uncertainty but gives more runway to close the transaction. Reuters: Deal Extension
  • Negative Sentiment: Johnson Matthey cut the sale price because of deferred licensing projects and reduced catalyst profitability — a signal of underlying industry weakness that could limit near-term growth and margins from the acquired unit. WSJ: JM Lowers Price
  • Negative Sentiment: Minor insider selling was reported (director sold ~$568k of HON stock), which can be interpreted as routine but may add modest near-term selling pressure. American Banking News: Insider Sale

Honeywell International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Honeywell International (NASDAQ:HON)

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