Recent Analysts’ Ratings Updates for Honeywell International (HON)

A number of research firms have changed their ratings and price targets for Honeywell International (NASDAQ: HON):

• 1/17/2025 – Honeywell International had its price target raised by analysts at Barclays PLC from $255.00 to $260.00. They now have an “overweight” rating on the stock.
• 1/15/2025 – Honeywell International had its price target lowered by analysts at JPMorgan Chase & Co. from $233.00 to $231.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – Honeywell International had its price target lowered by analysts at Citigroup Inc. from $268.00 to $266.00. They now have a “buy” rating on the stock.
• 1/8/2025 – Honeywell International had its price target lowered by analysts at Barclays PLC from $260.00 to $255.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Honeywell International had its price target lowered by analysts at Wells Fargo & Company from $254.00 to $240.00. They now have an “equal weight” rating on the stock.
• 12/23/2024 – Honeywell International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/17/2024 – Honeywell International had its price target raised by analysts at Jefferies Financial Group Inc. from $220.00 to $260.00. They now have a “hold” rating on the stock.
• 12/17/2024 – Honeywell International was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/12/2024 – Honeywell International had its price target raised by analysts at The Goldman Sachs Group, Inc. from $227.00 to $256.00. They now have a “buy” rating on the stock.
• 12/11/2024 – Honeywell International was upgraded by analysts at Hsbc Global Res to a “strong-buy” rating.
• 12/11/2024 – Honeywell International was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating. They now have a $290.00 price target on the stock.
• 12/9/2024 – Honeywell International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/9/2024 – Honeywell International had its price target raised by analysts at Citigroup Inc. from $244.00 to $268.00. They now have a “buy” rating on the stock.
• 12/5/2024 – Honeywell International had its price target raised by analysts at Barclays PLC from $252.00 to $260.00. They now have an “overweight” rating on the stock.
• 12/3/2024 – Honeywell International had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $253.00 price target on the stock.

Honeywell International Stock Performance

NASDAQ:HON traded up $2.90 during trading hours on Tuesday, reaching $225.48. 2,337,700 shares of the stock were exchanged, compared to its average volume of 3,539,639. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $146.62 billion, a P/E ratio of 26.04, a P/E/G ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The firm has a 50 day simple moving average of $227.00 and a 200-day simple moving average of $214.54.

Hedge Funds Weigh In On Honeywell International

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp lifted its stake in shares of Honeywell International by 0.3% in the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after acquiring an additional 92,112 shares during the period. Wellington Management Group LLP raised its holdings in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. Geode Capital Management LLC boosted its stake in Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after purchasing an additional 310,807 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Honeywell International by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after buying an additional 42,305 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.