Daiwa Capital Boosts Honeywell Target to $255
Daiwa Capital raised its price target for Honeywell to $255, upgrading the stock to a 'buy', a 13.69% upside from the current price.
Key Points
- Daiwa Capital upgraded Honeywell to 'buy' and set a new price target of $255 on June 30, 2026.
- Daiwa Capital's $255 price target implies 13.69% upside from Honeywell International Inc.'s ($HON) current $224.30 share price.
- Shares of Honeywell traded at $243.34 on Tuesday, with a market cap of $147.1 billion and a P/E ratio of 18.5.
- Several institutional investors adjusted their positions in Honeywell, with Wellington Management increasing its stake by 3.8 million shares.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Daiwa Capital upgraded Honeywell International Inc. (NasdaqGS: HON) to a 'buy' rating, raising its price target to $255 on June 30, 2026. Shares of Honeywell traded around $243.34 on Tuesday.
What Changed in Daiwa Capital's Honeywell Position
Daiwa Capital's analyst, Jairam Nathan, increased the price target for Honeywell to $255, marking a positive outlook for the industrial conglomerate. The firm upgraded the stock to a 'buy'.
Other Institutional Activity in Honeywell
Several institutional investors have made changes to their Honeywell holdings. BlackRock, Inc. reduced its stake by about 3.8 million shares, holding 48.8 million shares valued at approximately $11.04 billion. Vanguard Capital Management LLC opened a new position with 41.3 million shares, valued at $9.33 billion. State Street Corp increased its holdings slightly by 49,723 shares, bringing its total to 31.7 million shares worth $7.17 billion. Morgan Stanley decreased its position by nearly 1 million shares, ending with 18.4 million shares valued at $4.17 billion. Wellington Management Group LLP increased its stake significantly by 3.8 million shares, now holding 16.6 million shares worth about $3.76 billion.
Honeywell International Inc. Stock Up 3.2%
Shares of Honeywell traded near $243.34 on Tuesday. The company has a market cap of approximately $147.1 billion and a P/E ratio of 18.5. Honeywell's stock has seen a 52-week low of $226.29 and a high of $496.36. The 50-day moving average stands at $442.51, while the 200-day moving average is $429.45. The company maintains a current ratio of 1.39 and a quick ratio of 0.93, with a debt-to-equity ratio of 257.39.
$HON price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Honeywell reported revenues of $37.66 billion, reflecting a growth rate of 2.4%. The company's earnings per share (EPS) is $12.54, with a net margin of 10.89% and a return on equity (ROE) of 24.26%. The next earnings report is expected on July 23, 2026.
Dividend
Honeywell pays an annual dividend rate of $9.52, yielding 2.05%. The dividend payout ratio stands at 74.12%.
Insider Buying and Selling at Honeywell International Inc.
Recent insider activity includes CEO Vimal Kapur buying 1,997 shares on June 1, 2026. Jillian Evanko also acquired 150 shares at an average price of $234.99 on the same day.
Analysts Set New Price Targets
On June 30, 2026, Daiwa Capital upgraded Honeywell to a 'buy' with a $255 price target. Morgan Stanley maintained its 'hold' rating with a $490 target on June 29. RBC Capital reiterated its 'buy' stance with a $275 target on June 12. The consensus among analysts is a 'buy', with an average target price of $494.56 based on 23 opinions.
About Honeywell International Inc.
Honeywell International Inc., based in Charlotte, North Carolina, is a diversified technology and manufacturing company. It operates in sectors such as aerospace, industrial automation, building technologies, and energy solutions. Under the leadership of CEO Mr. Vimal M. Kapur, Honeywell employs around 101,000 people and delivers solutions across the globe, emphasizing innovation in aerospace technologies, industrial control systems, and energy efficiency.
Bottom Line
Daiwa Capital's recent upgrade and increased target price for Honeywell reflect a positive outlook for the company's future performance. Investors often track such analyst ratings as they can influence stock prices. It's important to note that these ratings are based on past performance and do not guarantee future results.
Get Honeywell International Inc. alerts
New 13F filings, insider trades, and analyst moves on $HON, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.