RNC Capital Management LLC Has $2.49 Million Holdings in Honeywell International Inc. $HON

RNC Capital Management LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 25.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,773 shares of the conglomerate’s stock after selling 4,262 shares during the quarter. RNC Capital Management LLC’s holdings in Honeywell International were worth $2,492,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of HON. PKS Advisory Services LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at $259,000. Principal Financial Group Inc. boosted its stake in Honeywell International by 3.9% during the fourth quarter. Principal Financial Group Inc. now owns 755,118 shares of the conglomerate’s stock worth $147,316,000 after acquiring an additional 28,653 shares in the last quarter. Fulcrum Wealth Advisors LLC acquired a new stake in Honeywell International in the fourth quarter worth $2,504,000. Pinnacle Wealth Management Advisory Group LLC grew its holdings in Honeywell International by 7.1% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,248 shares of the conglomerate’s stock worth $1,024,000 after purchasing an additional 348 shares during the period. Finally, Sun Financial Inc bought a new stake in Honeywell International in the fourth quarter valued at $524,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on HON. BNP Paribas Exane upped their price objective on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Citigroup decreased their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Rothschild & Co Redburn upped their price target on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Vertical Research lowered Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a report on Monday, January 5th. Finally, Mizuho reduced their price objective on Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $250.00.

Insider Activity at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 5,274 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director D Scott Davis sold 2,367 shares of the company’s 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 owned 31,081 shares of the company’s stock, valued at $7,459,440. This trade represents a 7.08% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.15% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $209.59 on Tuesday. The firm has a 50-day moving average of $230.45 and a 200-day moving average of $215.71. The company has a market cap of $132.81 billion, a P/E ratio of 29.69, a P/E/G ratio of 3.03 and a beta of 0.82. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. Honeywell International Inc. has a one year low of $186.76 and a one year high of $248.18.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same period in the previous year, the company earned $2.21 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Equities research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.

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.