Honeywell International Inc. $HON Shares Acquired by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 33.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 114,016 shares of the conglomerate’s stock after purchasing an additional 28,875 shares during the period. Honeywell International accounts for about 1.4% of Valley Wealth Managers Inc.’s holdings, making the stock its 28th biggest holding. Valley Wealth Managers Inc.’s holdings in Honeywell International were worth $22,243,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Holos Integrated Wealth LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at approximately $29,000. JPL Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at approximately $31,000. Finally, Strive Asset Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Up 2.8%

NASDAQ HON opened at $219.11 on Tuesday. Honeywell International Inc. has a twelve month low of $186.76 and a twelve month high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The stock has a market cap of $138.84 billion, a price-to-earnings ratio of 31.04, a PEG ratio of 3.04 and a beta of 0.82. The firm’s 50 day moving average price is $227.67 and its two-hundred day moving average price is $216.07.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data 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 firm 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 posted $2.21 EPS. The company’s quarterly revenue 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 analysts anticipate that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.

Insiders Place Their Bets

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Barclays lowered their price objective on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating on the stock in a research note on Friday, April 24th. Robert W. Baird lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Daiwa Securities Group lifted their price target on shares of Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Rothschild & Co Redburn lifted their price target on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Jefferies Financial Group decreased their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $250.00.

Honeywell International Profile

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.