Morningstar Investment Management LLC Sells 22,646 Shares of Honeywell International Inc. $HON

Morningstar Investment Management LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 32.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 47,911 shares of the conglomerate’s stock after selling 22,646 shares during the period. Morningstar Investment Management LLC’s holdings in Honeywell International were worth $9,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in HON. Brighton Jones LLC grew its holdings in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Honeywell International by 145.7% in the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after purchasing an additional 2,629 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Honeywell International by 18.3% in the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares during the last quarter. Nebula Research & Development LLC grew its holdings in shares of Honeywell International by 3.1% in the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock worth $1,374,000 after purchasing an additional 176 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Honeywell International by 4.4% in the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock worth $1,045,000 after purchasing an additional 188 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $227.92 on Monday. The stock has a market cap of $144.42 billion, a P/E ratio of 32.28, a price-to-earnings-growth ratio of 3.26 and a beta of 0.82. The firm’s fifty day simple moving average is $223.63 and its 200 day simple moving average is $216.67. Honeywell International Inc. has a twelve month low of $186.76 and a twelve month 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.

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, beating the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.21 earnings per share. 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, research analysts predict that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Dividend Announcement

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. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s dividend payout ratio (DPR) is currently 67.42%.

Wall Street Analyst Weigh In

HON has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. BMO Capital Markets initiated coverage on shares of Honeywell International in a report on Friday, March 27th. They issued an “outperform” rating and a $273.00 target price on the stock. Weiss Ratings cut shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Robert W. Baird lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and a consensus price target of $247.83.

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.