Rathbones Group PLC Trims Position in Honeywell International Inc. $HON

Rathbones Group PLC trimmed its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 430,464 shares of the conglomerate’s stock after selling 19,612 shares during the quarter. Rathbones Group PLC’s holdings in Honeywell International were worth $83,979,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northbridge Financial Group LLC purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $476,000. Hardy Reed LLC raised its holdings in shares of Honeywell International by 0.8% in the fourth quarter. Hardy Reed LLC now owns 10,274 shares of the conglomerate’s stock valued at $2,004,000 after buying an additional 81 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Honeywell International by 20.7% in the fourth quarter. Larson Financial Group LLC now owns 5,941 shares of the conglomerate’s stock valued at $1,159,000 after buying an additional 1,019 shares during the last quarter. Integral Investment Advisors Inc. raised its holdings in shares of Honeywell International by 20.4% in the fourth quarter. Integral Investment Advisors Inc. now owns 8,948 shares of the conglomerate’s stock valued at $1,746,000 after buying an additional 1,514 shares during the last quarter. Finally, Aviance Capital Partners LLC raised its holdings in shares of Honeywell International by 3.9% in the fourth quarter. Aviance Capital Partners LLC now owns 9,728 shares of the conglomerate’s stock valued at $1,898,000 after buying an additional 368 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Up 0.1%

Shares of Honeywell International stock opened at $217.39 on Thursday. Honeywell International Inc. has a 52-week low of $186.76 and a 52-week high of $248.18. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The company’s 50-day simple moving average is $224.20 and its 200-day simple moving average is $216.30. The firm has a market cap of $137.75 billion, a price-to-earnings ratio of 30.79, a price-to-earnings-growth ratio of 3.10 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $9.30 billion. During the same period in the previous year, the business posted $2.21 earnings per share. The business’s 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. As a group, equities research analysts anticipate that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently announced 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 dividend payout ratio is presently 67.42%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wolfe Research upped their target price on shares of Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. JPMorgan Chase & Co. boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Robert W. Baird boosted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Daiwa Securities Group boosted their price target on shares of Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Finally, TD Cowen dropped their price target on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $248.25.

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.