Cornerstone Wealth Management LLC Buys 4,214 Shares of Honeywell International Inc. $HON

Cornerstone Wealth Management LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 149.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,030 shares of the conglomerate’s stock after acquiring an additional 4,214 shares during the period. Cornerstone Wealth Management LLC’s holdings in Honeywell International were worth $1,371,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Holos Integrated Wealth LLC bought a new stake in Honeywell International in the 4th quarter valued at $25,000. Ares Financial Consulting LLC bought a new stake in Honeywell International in the 4th quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new stake in Honeywell International in the 4th quarter valued at $29,000. JPL Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at $31,000. Finally, Strive Asset Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at $33,000. 75.91% of the stock is currently owned by institutional investors.

Insider Activity at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.15% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $213.24 on Friday. The company’s 50-day moving average price is $225.39 and its 200-day moving average price is $216.12. 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. The company has a market cap of $135.12 billion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 3.11 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share 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 firm had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. During the same period in the previous year, the firm posted $2.21 EPS. The business’s quarterly revenue was up 2.4% on a year-over-year basis. 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. On average, equities research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have issued reports on HON shares. TD Cowen reduced their price target on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Sanford C. Bernstein set a $255.00 target price on shares of Honeywell International in a report on Friday, January 16th. Wells Fargo & Company reduced their target price on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Robert W. Baird boosted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Finally, Morgan Stanley boosted their target price on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and an average target price of $248.25.

Honeywell International Company 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.