Zacks Research Analysts Boost Earnings Estimates for HON


Zacks Research Analysts Boost Earnings Estimates for HON

Honeywell International Inc. (NASDAQ:HON - Free Report) - Stock analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for shares of Honeywell International in a research report issued to clients and investors on Thursday, December 19th. Zacks Research analyst R. Department now expects that the conglomerate will post earnings of $2.48 per share for the quarter, up from their previous estimate of $2.45. The consensus estimate for Honeywell International's current full-year earnings is $9.74 per share. Zacks Research also issued estimates for Honeywell International's Q1 2026 earnings at $2.86 EPS and Q2 2026 earnings at $2.92 EPS.

HON has been the topic of a number of other research reports. Morgan Stanley began coverage on shares of Honeywell International in a report on Friday, September 6th. They set an "equal weight" rating and a $210.00 price objective on the stock. UBS Group reissued a "buy" rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $235.00 to $233.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $249.57.

Read Our Latest Stock Analysis on HON

Shares of HON stock opened at $228.32 on Monday. The stock's fifty day moving average is $223.01 and its 200-day moving average is $212.74. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market capitalization of $148.46 billion, a PE ratio of 26.36, a PEG ratio of 2.85 and a beta of 1.05.

Several hedge funds have recently bought and sold shares of the company. RIA Advisory Group LLC bought a new stake in shares of Honeywell International in the 3rd quarter valued at $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International in the third quarter worth about $454,000. EP Wealth Advisors LLC raised its position in shares of Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate's stock worth $72,044,000 after purchasing an additional 14,271 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate's stock valued at $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC grew its position in shares of Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate's stock valued at $15,199,000 after purchasing an additional 52,830 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were issued a dividend of $1.13 per share. The ex-dividend date was Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 1.98%. This is a boost from Honeywell International's previous quarterly dividend of $1.08. Honeywell International's payout ratio is currently 52.19%.

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.

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