Key Points
- VP Robert Mailloux sold 10,549 shares of Honeywell on Jan. 30 at an average price of $229 for about $2.42M, reducing his ownership by 68.71% to 4,803 shares (SEC filing).
- Honeywell beat quarterly expectations with $2.59 EPS versus $2.54 expected and $10.07B in revenue versus $9.60B expected, and analysts have mostly raised targets leaving a consensus "Moderate Buy" with an average price target of $244.50.
Honeywell International Inc. (NASDAQ:HON - Get Free Report) VP Robert Mailloux sold 10,549 shares of the company's stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company's stock, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Honeywell International Trading Up 1.5%
HON opened at $230.91 on Wednesday. The firm has a market cap of $146.60 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 2.65 and a beta of 0.94. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $231.76. The business's 50 day moving average is $204.05 and its two-hundred day moving average is $208.55. The company has a quick ratio of 1.05, a current ratio of 1.32 and a debt-to-equity ratio of 1.76.
Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.54 by $0.05. The business had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a return on equity of 40.40% and a net margin of 12.74%.The company's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.47 earnings per share. On average, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.
More Honeywell International News
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Multiple brokerages raised price targets to $240 (Jefferies and Daiwa), signaling stronger analyst conviction that supports near-term buying interest. Jefferies PT to $240 Daiwa PT to $240
- Positive Sentiment: Several outlets published higher targets (range into the mid‑$200s, with some posts up to ~$273), adding buying pressure from investors chasing analyst-led momentum. Example: AmericanBankingNews coverage of raised targets. Example PT raise
- Positive Sentiment: Product/market development — Honeywell is promoting its SkyShot uncrewed fighter engine in Asia, highlighting defense / aerospace growth opportunities that can support longer‑term revenue expansion. SkyShot article
- Neutral Sentiment: Rothschild & Co Redburn raised its target to $235 but kept a "neutral" rating — a modest positive signal but not an explicit buy recommendation, so limited directional impact. Rothschild PT to $235
- Neutral Sentiment: Operational/region-specific noise — Honeywell Automation India reported a quarterly profit slip on higher costs and a one‑time charge; likely limited to the India-listed unit rather than a major driver for Honeywell’s consolidated results. Automation India profit slip
- Negative Sentiment: Insider selling — VP Robert D. Mailloux sold 10,549 shares (large reduction in his position), which can be perceived as a negative signal by some investors even if sales are for personal reasons. SEC filing: SEC Form 4
- Negative Sentiment: Analytical criticism — a recent piece flagged unattractive return trends at Honeywell, which can weigh on sentiment for value‑focused investors. Return trends article
- Negative Sentiment: BNP Paribas Exane raised its target to $215 but that level implies downside versus current trading, which may temper enthusiasm from investors who follow that house view. BNP Paribas PT to $215
Hedge Funds Weigh In On Honeywell International
A number of institutional investors and hedge funds have recently made changes to their positions in HON. Summit Wealth Group LLC increased its stake in shares of Honeywell International by 4.3% during the 2nd quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate's stock worth $260,000 after purchasing an additional 46 shares in the last quarter. FSM Wealth Advisors LLC grew its holdings in 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 buying an additional 46 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in Honeywell International by 1.8% during the second quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate's stock worth $628,000 after buying an additional 47 shares in the last quarter. Bar Harbor Wealth Management increased its position in Honeywell International by 0.3% during the second quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate's stock worth $3,538,000 after buying an additional 47 shares in the last quarter. Finally, Nova R Wealth Inc. raised its holdings in shares of Honeywell International by 3.0% in the third quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate's stock worth $335,000 after acquiring an additional 47 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have commented on HON shares. Royal Bank Of Canada lifted their price objective on shares of Honeywell International from $249.00 to $268.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. The Goldman Sachs Group dropped their price target on Honeywell International from $245.00 to $236.00 and set a "buy" rating on the stock in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft increased their price objective on Honeywell International from $259.00 to $273.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Robert W. Baird boosted their target price on Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Friday, January 30th. Finally, TD Cowen cut their price target on Honeywell International from $250.00 to $240.00 and set a "buy" rating for the company in a research note on Monday, November 10th. Eleven analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and an average price target of $244.50.
Check Out Our Latest Report on HON
Honeywell International Company Profile
(
Get Free Report)
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.
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