Jefferies Financial Group Initiates Coverage on Honeywell International with Hold Rating

Honeywell International Inc (NASDAQ:HON) has been initiated for coverage by analysts at Jefferies Financial Group. The brokerage assigned a 'hold' rating and set a price target of $255.00, suggesting a potential upside of 9.87% from the company's previous close.

This is not the only recent rating change for HON, as several other equities analysts have also weighed in on the stock. Citigroup boosted its price objective on Honeywell International from $260.00 to $279.00 and gave the stock a 'buy' rating in a research report on Friday, July 24th. Mizuho lifted their price target on Honeywell International from $240.00 to $265.00 and gave the stock an 'outperform' rating in a research report on Monday, July 27th.

Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. The company's debt-to-equity ratio is 1.39, with a current ratio of 1.21 and a quick ratio of 0.93. Its market capitalization stands at $73.56 billion.