The Goldman Sachs Group Has Lowered Expectations for Honeywell International (NASDAQ:HON) Stock Price

Honeywell International (NASDAQ:HONGet Free Report) had its price target dropped by equities research analysts at The Goldman Sachs Group from $262.00 to $258.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the conglomerate’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 21.05% from the company’s current price.

A number of other analysts also recently issued reports on the company. Sanford C. Bernstein set a $255.00 price objective on Honeywell International in a research report on Friday, January 16th. BMO Capital Markets began coverage on shares of Honeywell International in a research note on Friday, March 27th. They issued an “outperform” rating and a $273.00 price target on the stock. Mizuho decreased their price objective on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Rothschild & Co Redburn increased their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley lifted their target price on shares of Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $250.21.

Check Out Our Latest Stock Report on Honeywell International

Honeywell International Price Performance

NASDAQ:HON opened at $213.14 on Friday. Honeywell International has a one year low of $186.59 and a one year high of $248.18. The stock has a market cap of $135.06 billion, a PE ratio of 30.19, a P/E/G ratio of 3.10 and a beta of 0.93. The stock has a 50 day moving average price of $232.78 and a 200 day moving average price of $215.44. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.03 and a current ratio of 1.39.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the company posted $2.21 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. 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. Equities research analysts expect that Honeywell International will post 10.53 EPS for the current fiscal year.

Insider Activity at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of the stock in a transaction that occurred 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 sale, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. This represents a 68.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 18,190 shares of company stock valued at $4,244,287. Insiders own 0.15% of the company’s stock.

Institutional Trading of Honeywell International

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after purchasing an additional 1,582 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Honeywell International by 145.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after buying an additional 2,629 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after buying an additional 1,223 shares in the last quarter. Nebula Research & Development LLC grew its position in shares of Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock worth $1,374,000 after buying an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of Honeywell International by 4.4% during the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock worth $1,045,000 after buying an additional 188 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Key Honeywell International News

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About Honeywell International

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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.

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Analyst Recommendations for Honeywell International (NASDAQ:HON)

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