What is Zacks Research’s Forecast for HON Q1 Earnings?

Honeywell International Inc. (NASDAQ:HON) – Stock analysts at Zacks Research dropped their Q1 2027 EPS estimates for Honeywell International in a research report issued on Monday, June 23rd. Zacks Research analyst R. Department now forecasts that the conglomerate will post earnings per share of $2.90 for the quarter, down from their previous estimate of $2.93. The consensus estimate for Honeywell International’s current full-year earnings is $10.34 per share.

Honeywell International (NASDAQ:HON) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. During the same period last year, the business earned $2.25 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis.

A number of other equities analysts have also recently commented on HON. Wall Street Zen raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday, May 15th. Mizuho lifted their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. Wells Fargo & Company lifted their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 30th. Bank of America raised shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus target price of $249.21.

Honeywell International Price Performance

NASDAQ:HON opened at $228.85 on Thursday. Honeywell International has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The firm has a fifty day simple moving average of $218.94 and a 200 day simple moving average of $215.80. The stock has a market capitalization of $147.08 billion, a PE ratio of 26.30, a P/E/G ratio of 2.64 and a beta of 1.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mainstream Capital Management LLC acquired a new position in Honeywell International in the fourth quarter valued at about $25,000. Avalon Trust Co raised its stake in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC acquired a new position in Honeywell International during the fourth quarter worth about $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International during the fourth quarter worth about $34,000. Finally, Pandora Wealth Inc. acquired a new position in Honeywell International during the first quarter worth about $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Honeywell International Company Profile

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.