Honeywell International (NASDAQ:HON) Given New $237.00 Price Target at DZ Bank

by · The Cerbat Gem

Honeywell International (NASDAQ:HON – Get Free Report) had its target price decreased by analysts at DZ Bank from $248.00 to $237.00 in a research report issued on Tuesday,MarketScreener reports. DZ Bank’s target price indicates a potential upside of 20.94% from the company’s previous close.

Several other research firms have also recently weighed in on HON. Bank of America reiterated an “underperform” rating and set a $205.00 price objective (down previously from $265.00) on shares of Honeywell International in a report on Tuesday, November 18th. Rothschild & Co Redburn dropped their target price on shares of Honeywell International from $240.00 to $222.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. JPMorgan Chase & Co. upped their price target on shares of Honeywell International from $212.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Citigroup raised their price objective on shares of Honeywell International from $251.56 to $267.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, TD Cowen reduced their target price on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Hold” and an average target price of $236.58.

Read Our Latest Stock Report on HON

Honeywell International Price Performance

Shares of HON stock opened at $195.96 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.36 and a debt-to-equity ratio of 1.70. Honeywell International has a 12-month low of $169.21 and a 12-month high of $228.04. The firm has a fifty day moving average of $198.33 and a 200-day moving average of $213.08. The firm has a market capitalization of $124.41 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 2.66 and a beta of 0.96.

Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly earnings data on Monday, December 11th. The conglomerate reported $2.25 EPS for the quarter. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The business had revenue of $8.95 billion for the quarter. Honeywell International has set its Q4 2023 guidance at 2.530-2.630 EPS and its FY 2023 guidance at 9.100-9.200 EPS. On average, equities research analysts forecast that Honeywell International will post 10.34 earnings per share for the current year.

Hedge Funds Weigh In On Honeywell International

A number of large investors have recently modified their holdings of HON. Laurel Wealth Advisors LLC increased its position in shares of Honeywell International by 23,503.0% in the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock valued at $865,506,000 after acquiring an additional 3,700,786 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Honeywell International by 28.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Honeywell International by 130.0% in the 3rd quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after buying an additional 1,042,972 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Honeywell International by 64.6% in the 1st quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate’s stock valued at $561,634,000 after buying an additional 1,041,273 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of Honeywell International by 424.3% in the third quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock valued at $242,865,000 after buying an additional 933,694 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Key Stores Impacting Honeywell International

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

  • Positive Sentiment: Some commentators say the litigation charge shouldn’t materially impair Honeywell’s fundamentals and that the market reaction may be overdone. Read More.
  • Neutral Sentiment: Honeywell released supplemental financials tied to a segment realignment (effective Q1 2026) to reflect the planned reporting changes; this clarifies historical comparables but doesn’t change the near‑term earnings hit. Read More.
  • Neutral Sentiment: Investor commentary suggests some will wait for the planned aerospace split (and other portfolio moves) before taking a new position; that could keep volatility higher until capital‑allocation actions are completed. Read More.
  • Negative Sentiment: Honeywell told investors it expects to record a roughly $470 million one‑time Q4 charge related to a potential Flexjet settlement — the immediate headline that pressured the stock. Read More.
  • Negative Sentiment: The company reduced guidance: Q4 EPS was updated to $2.480–2.580 (vs. consensus ~ $2.57) and FY2025 EPS to $9.700–9.800 (well below consensus ~ $10.63); revenue ranges also missed street expectations — a primary driver of the share decline. (Company guidance release)
  • Negative Sentiment: Multiple outlets report Honeywell is in settlement talks with Flexjet and will take a Q4 charge if a settlement is reached — adding uncertainty about timing and the final amount. Read More.
  • Negative Sentiment: Market pieces note Honeywell scaled back sales guidance tied to Solstice spin‑off actions and portfolio reshaping, reinforcing the downward revision to near‑term growth expectations. Read More.

About Honeywell International

(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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