Honeywell International (NASDAQ:HON) Given New $276.00 Price Target at BMO Capital Markets

Honeywell International (NASDAQ:HON) had its target price boosted by BMO Capital Markets from $253.00 to $276.00 in a research report report published on Monday morning,Benzinga reports. They currently have an outperform rating on the conglomerate’s stock.

HON has been the subject of several other research reports. The Goldman Sachs Group increased their price objective on shares of Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Rothschild & Co Redburn dropped their price target on Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Zacks Research cut Honeywell International from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $250.71.

Honeywell International Stock Up 1.1%

Shares of NASDAQ HON opened at $245.75 on Monday. The company has a market cap of $77.89 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 5.49 and a beta of 0.90. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. Honeywell International has a 12 month low of $196.59 and a 12 month high of $261.24. The stock has a 50-day moving average price of $226.72 and a two-hundred day moving average price of $227.09.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.77 EPS. 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. As a group, analysts forecast that Honeywell International will post 8.19 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 14th. Honeywell International’s dividend payout ratio is 36.80%.

Hedge Funds Weigh In On Honeywell International

Several large investors have recently modified their holdings of HON. J. Stern & Co. LLP increased its holdings in Honeywell International by 22,704.6% in the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock valued at $10,380,552,000 after purchasing an additional 52,975,716 shares during the period. Diamant Asset Management Inc. acquired a new position in Honeywell International during the 1st quarter worth about $496,693,000. Mizuho Markets Americas LLC grew its position in shares of Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock valued at $398,374,000 after buying an additional 1,842,000 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Honeywell International in the 4th quarter valued at about $248,040,000. Finally, Nuveen LLC increased its stake in shares of Honeywell International by 21.5% in the fourth quarter. Nuveen LLC now owns 6,512,470 shares of the conglomerate’s stock valued at $1,270,518,000 after buying an additional 1,153,931 shares during the period. Institutional investors own 75.91% of the company’s stock.

Key Honeywell International News

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

• Positive Sentiment: Analyst optimism increased: Mizuho raised its price target from $240 to $265 and assigned an “outperform” rating, while BMO Capital Markets lifted its target from $253 to $276 and also rated the stock “outperform.” The targets imply further upside from recent trading levels. Benzinga analyst price-target reports
• Positive Sentiment: Portfolio streamlining completed: Honeywell completed the all-cash sale of its Warehouse and Workflow Solutions business, including the Intelligrated and Transnorm brands, to American Industrial Partners. The divestiture allows Honeywell to focus more closely on automation opportunities in building, industrial and process markets. Honeywell Technologies Completes Sale of Warehouse and Workflow Solutions Business
• Positive Sentiment: Strong operating momentum remains a catalyst: Honeywell’s latest quarterly results exceeded consensus EPS expectations, with revenue growth and broad demand in automation supporting confidence in its second-half outlook. Analysts cited improving organic growth and execution following the company’s portfolio changes. HON Q2 Earnings Beat and Analyst Upgrades
• Neutral Sentiment: The sale brings strategic focus and cash proceeds, but the immediate earnings and balance-sheet impact were not detailed in the announcements. Investors may therefore look for additional disclosure on how Honeywell will deploy the proceeds.
• Negative Sentiment: Reported insider activity has been entirely selling over the past six months, with several executives disposing of shares and no recorded purchases. This may temper some investor enthusiasm, although the transactions have not offset the broader positive reaction to earnings and analyst upgrades.

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.