Keudell Morrison Wealth Management Makes New $517,000 Investment in Honeywell International Inc. $HON

Keudell Morrison Wealth Management purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, Holdings Channel.com reports. The fund purchased 2,649 shares of the conglomerate’s stock, valued at approximately $517,000.

Several other hedge funds have also recently modified their holdings of HON. FSM Wealth Advisors LLC boosted its stake in Honeywell International by 1.1% in the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after purchasing an additional 46 shares in the last quarter. Meridian Financial Partners LLC increased its stake in Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares in the last quarter. Facet Wealth Inc. raised its holdings in shares of Honeywell International by 3.6% in the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after buying an additional 47 shares during the last quarter. EPG Wealth Management LLC raised its holdings in shares of Honeywell International by 0.5% in the fourth quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock worth $1,960,000 after buying an additional 49 shares during the last quarter. Finally, Willow Creek Wealth Management Inc. lifted its stake in shares of Honeywell International by 2.2% during the third quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock worth $490,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON opened at $227.92 on Friday. The business’s 50-day moving average is $223.63 and its two-hundred day moving average is $216.54. The company has a market capitalization of $144.42 billion, a P/E ratio of 32.28, a P/E/G ratio of 3.20 and a beta of 0.82. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week 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.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. The firm had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Research analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Announces Dividend

The business 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 $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 dividend payout ratio is currently 67.42%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on HON shares. Daiwa Securities Group upped their target price on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Argus boosted their price target on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Jefferies Financial Group reduced their price objective on Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. The Goldman Sachs Group decreased their target price on Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Evercore upped their target price on Honeywell International from $255.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $247.83.

About Honeywell International

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.