Argus Research Remains a Buy on Honeywell International (HON)
π Argus Research analyst Kristina Ruggeri maintained a Buy rating on Honeywell International (HON) with a $290.00 price target, despite shares closing at $214.33.
π° The company reported quarterly revenue of $9.14 billion and net profit of $821 million for the quarter ending March 31.
π Revenue and net profit declined compared to last year's figures of $9.82 billion and $1.45 billion, respectively.
π€ Honeywell also received a Buy rating from BMO Capital analyst Daniel DiCicco in a report issued on April 24.
π Conversely, Jefferies maintained a Hold rating on the stock after lowering its price target to $240 from $245.
β οΈ Other analysts including Citi and TD Cowen also lowered their price targets for Honeywell recently.
π Corporate insider sentiment is negative with increased selling activity by 61 insiders over the past quarter.
πΌ Director Grace Lieblein sold 5,847 shares totaling $1.4 million in February 2026 as the most recent notable transaction.
π TipRanks data indicates analyst Kristina Ruggeri is ranked #1561 out of 12,175 analysts globally.
- Argus Research analyst Kristina Ruggeri maintains a Buy rating on Honeywell International (HON), indicating continued confidence in the stock's fundamentals.
- Analyst Kristina Ruggeri set an optimistic price target of $290.00, which represents significant upside potential from the recent closing price of $214.33.
- BMO Capital also reaffirmed its Buy rating on Honeywell International in a report issued on April 24, validating strong analyst sentiment.
- The company reported quarterly revenue of $9.14 billion and net profit of $821 million for the quarter ending March 31, demonstrating continued operational performance.
- Honeywell's latest quarterly revenue declined to $9.14 billion compared to $9.82 billion in the same quarter last year, indicating a revenue contraction of approximately $680 million.
- Net profit fell significantly to $821 million from $1.45 billion in the prior year, representing a substantial decline in profitability.
- Jefferies maintained a Hold rating on Honeywell International, contrasting with Buy ratings from other analysts.
- Multiple investment banks have recently lowered their price targets for HON stock: Jefferies cut theirs to $240 from $245, Citi lowered to $257 from $265, and TD Cowen reduced theirs to $230 from $240.
- Corporate insider sentiment is negative, as evidenced by increased share selling among 61 insiders over the past quarter.
- A recent insider sale saw Director Grace Lieblein sell 5,847 shares in February 2026 for approximately $1.4 million.