OVERSEA CHINESE BANKING Corp Ltd Has $10.82 Million Holdings in Honeywell International Inc. $HON

OVERSEA CHINESE BANKING Corp Ltd cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 73.7% in the 4th quarter, HoldingsChannel reports. The fund owned 55,445 shares of the conglomerate’s stock after selling 155,518 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Honeywell International were worth $10,817,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Holos Integrated Wealth LLC acquired a new stake in Honeywell International during the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 118 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth approximately $31,000. Cedar Mountain Advisors LLC lifted its holdings in Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 84 shares during the last quarter. Finally, Strive Asset Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth approximately $33,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction on Friday, January 30th. The stock was sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,099,887. The trade was a 68.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,190 shares of company stock valued at $4,244,287 over the last ninety days. Insiders own 0.15% of the company’s stock.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Honeywell won a major technology contract with Nigeria’s Dangote refinery to expand petrochemical production for plastics and detergents — a strategic international win that deepens Honeywell’s industrial footprint and recurring-services opportunity in Africa. Nigeria’s Dangote taps Honeywell to expand plastics and detergent petrochems
• Positive Sentiment: Jim Cramer publicly endorsed Honeywell on Mad Money, calling it “very, very good,” which can boost retail investor interest and short-term sentiment. Jim Cramer Says “I Think Honeywell’s Very, Very Good”
• Positive Sentiment: Honeywell is expanding engine manufacturing in Phoenix to support new Navy training jets — a capacity investment that supports the aerospace backlog and defense-linked revenue visibility. Honeywell expands engine manufacturing in Phoenix to support new Navy training jets
• Neutral Sentiment: Honeywell agreed to sell its Productivity Solutions & Services unit to Brady Corp. for $1.4B — the deal accelerates Honeywell’s portfolio transformation and provides cash but trims a business that generated >$1B in sales, so the net strategic/financial impact will depend on reinvestment and multiples realized. Honeywell to Sell Productivity Unit for $1.4 Billion
• Neutral Sentiment: Analyst previews and coverage ahead of Q1 earnings (due Apr 23) point to mixed drivers: aerospace and recent M&A are supportive, while certain segments face cost pressure — this creates earnings volatility around the print. Honeywell Gears Up to Post Q1 Earnings: What Lies Ahead for the Stock?
• Negative Sentiment: Pre-earnings commentary flags segment weakness and cost pressures that could weigh on margins and near-term guidance; that risk is likely a key driver of today’s share weakness as investors de-risk ahead of the report. Honeywell Gears Up to Post Q1 Earnings: What Lies Ahead for the Stock?

Honeywell International Price Performance

Shares of NASDAQ HON opened at $222.22 on Wednesday. The stock has a market capitalization of $140.81 billion, a PE ratio of 27.81, a P/E/G ratio of 3.33 and a beta of 0.93. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The business has a fifty day moving average price of $234.31 and a two-hundred day moving average price of $215.34. Honeywell International Inc. has a fifty-two week low of $184.35 and a fifty-two week high of $248.18.

Honeywell International (NASDAQ:HON) last announced 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 firm had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.47 EPS. As a group, equities analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $1.19 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s payout ratio is currently 59.57%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HON. Royal Bank Of Canada lifted their price target on Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Vertical Research cut Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target for the company. in a report on Monday, January 5th. Wolfe Research lifted their price target on Honeywell International from $293.00 to $296.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. JPMorgan Chase & Co. lifted their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Honeywell International from $273.00 to $292.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International has an average rating of “Moderate Buy” and a consensus target price of $251.83.

About Honeywell International

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.