Honeywell International (NASDAQ:HON) Shares Up 7.3% After Better-Than-Expected Earnings

Honeywell International Inc. (NASDAQ:HON)’s stock price rose 7.3% during trading on Thursday following a better than expected earnings announcement. The company traded as high as $248.84 and last traded at $249.9450. 1,061,911 shares changed hands during trading, a decline of 75% from the average session volume of 4,260,211 shares. The stock had previously closed at $232.99.

The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same quarter last year, the firm earned $1.77 EPS. The business’s revenue was up 3.4% on a year-over-year basis. 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.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were issued a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s payout ratio is currently 67.42%.

Key Honeywell International News

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

• Positive Sentiment: Honeywell posted Q2 adjusted EPS of $1.95, ahead of the $1.80–$1.82 consensus, while revenue came in at $9.72 billion and orders rose 4%, signaling better-than-expected execution. Honeywell Technologies Reports Second Quarter Results
• Positive Sentiment: Organic sales grew 4% and margins expanded, helped by strength in automation and building automation, which supports the view that the core business is still growing despite the restructuring. HON Q2 Earnings Beat on Automation Growth, Outlook Raised
• Positive Sentiment: Management raised or reaffirmed its outlook for the year, pointing to continued earnings strength and giving investors more confidence in post-spin-off performance. Honeywell Technologies profit rises in first post-breakup results
• Neutral Sentiment: The latest results were the company’s first as a more focused automation business after the Aerospace separation, so investors are still reassessing how the reshaped company should be valued. Honeywell Technologies Posts Higher Profit, Revenue Amid Restructuring
• Negative Sentiment: Some headlines noted pressure on aerospace-related shares and broader attention on the breakup, which may be creating short-term volatility even with the earnings beat. How Honeywell Technologies Sent Stock in Its Aerospace Spinoff Down

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a report on Tuesday, June 30th. The Goldman Sachs Group lifted their price target on shares of Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Zacks Research downgraded shares of Honeywell International from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, TD Cowen decreased their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $257.79.

Hedge Funds Weigh In On Honeywell International

Institutional investors have recently modified their holdings of the company. Verus Capital Partners LLC lifted its holdings in Honeywell International by 0.7% in the fourth quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock valued at $1,299,000 after acquiring an additional 44 shares during the period. Claro Advisors Inc. grew its stake in shares of Honeywell International by 0.3% during the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock valued at $2,718,000 after purchasing an additional 45 shares during the period. FSM Wealth Advisors LLC grew its stake in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after purchasing an additional 46 shares during the period. Meridian Financial Partners LLC increased its position in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares during the last quarter. Finally, Facet Wealth Inc. increased its position in shares of Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after purchasing an additional 47 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 5.7%

The company’s 50 day moving average price is $225.55 and its two-hundred day moving average price is $226.50. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The stock has a market cap of $78.03 billion, a P/E ratio of 17.44, a PEG ratio of 5.25 and a beta of 0.90.

About Honeywell International

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.