IFP Advisors Inc Sells 8,577 Shares of Honeywell International Inc. $HON

IFP Advisors Inc decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 35.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,877 shares of the conglomerate’s stock after selling 8,577 shares during the quarter. IFP Advisors Inc’s holdings in Honeywell International were worth $3,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cardinal Capital Management Inc. raised its stake in Honeywell International by 6.1% during the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after acquiring an additional 7,929 shares during the period. Douglas Lane & Associates LLC raised its stake in Honeywell International by 56.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after acquiring an additional 26,162 shares during the period. Exencial Wealth Advisors LLC raised its stake in Honeywell International by 36.6% during the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after acquiring an additional 21,770 shares during the period. First National Trust Co raised its stake in Honeywell International by 9.4% during the 3rd quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock worth $16,648,000 after acquiring an additional 6,803 shares during the period. Finally, Lockheed Martin Investment Management Co. bought a new stake in shares of Honeywell International during the third quarter valued at approximately $4,147,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HON. Robert W. Baird lifted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Rothschild & Co Redburn reduced their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Thursday. TD Cowen reduced their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Weiss Ratings cut shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Finally, BNP Paribas Exane lifted their price objective on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Thirteen research 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $247.83.

Honeywell International Trading Up 2.9%

Honeywell International stock opened at $223.80 on Friday. The firm’s 50 day moving average price is $223.86 and its 200-day moving average price is $216.46. Honeywell International Inc. has a 1 year low of $186.76 and a 1 year high of $248.18. The stock has a market cap of $141.81 billion, a P/E ratio of 31.70, a PEG ratio of 3.11 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 (NASDAQ:HON) last announced 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 company had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the business posted $2.21 earnings per share. Honeywell International’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 analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a $1.19 dividend. This represents a $4.76 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is currently 67.42%.

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.