Honeywell International (NASDAQ:HON) Reaches New 52-Week High After Analyst Upgrade

Honeywell International Inc. (NASDAQ:HON)’s share price reached a new 52-week high during trading on Monday after The Goldman Sachs Group raised their price target on the stock from $236.00 to $262.00. The Goldman Sachs Group currently has a buy rating on the stock. Honeywell International traded as high as $246.00 and last traded at $244.1830, with a volume of 159823 shares. The stock had previously closed at $243.97.

A number of other equities analysts have also recently commented on the company. Daiwa Securities Group boosted their price target on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Morgan Stanley lowered their target price on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 28th. Citigroup increased their target price on shares of Honeywell International from $262.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Honeywell International from $259.00 to $273.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Sanford C. Bernstein set a $255.00 price objective on shares of Honeywell International in a research note on Friday, January 16th. Eleven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and an average target price of $247.50.

Insider Buying and Selling at Honeywell International

In other news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction on Friday, January 30th. The shares were sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the transaction, the vice president owned 4,803 shares in the company, valued at approximately $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 18,190 shares of company stock valued at $4,244,287 in the last ninety days. Insiders own 0.41% of the company’s stock.

Key Honeywell International News

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

Institutional Investors Weigh In On Honeywell International

Institutional investors and hedge funds have recently made changes to their positions in the business. Holos Integrated Wealth LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at $25,000. Caitlin John LLC grew its holdings in Honeywell International by 138.9% in the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after purchasing an additional 75 shares during the period. Ares Financial Consulting LLC bought a new stake in Honeywell International in the fourth quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at about $28,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in shares of Honeywell International during the fourth quarter valued at about $28,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.4%

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’s 50-day moving average price is $217.58 and its 200-day moving average price is $210.10. The company has a market cap of $154.51 billion, a P/E ratio of 30.42, a PEG ratio of 3.53 and a beta of 0.94.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The business 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 firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.47 EPS. As a group, research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

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

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.