Liberty One Investment Management LLC Boosts Holdings in Honeywell International Inc. $HON

Liberty One Investment Management LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 31.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,859 shares of the conglomerate’s stock after purchasing an additional 7,207 shares during the period. Liberty One Investment Management LLC’s holdings in Honeywell International were worth $6,285,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BankPlus Wealth Management LLC boosted its position in Honeywell International by 2.2% during the second quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock valued at $463,000 after buying an additional 43 shares during the period. Summit Wealth Group LLC lifted its stake in shares of Honeywell International by 4.3% in the 2nd quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate’s stock valued at $260,000 after acquiring an additional 46 shares during the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Honeywell International by 1.8% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate’s stock valued at $628,000 after acquiring an additional 47 shares during the period. Bar Harbor Wealth Management boosted its holdings in Honeywell International by 0.3% during the 2nd quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate’s stock valued at $3,538,000 after acquiring an additional 47 shares during the period. Finally, Nova R Wealth Inc. grew its position in Honeywell International by 3.0% during the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after acquiring an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.6%

Shares of HON opened at $208.60 on Tuesday. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $228.04. The company has a current ratio of 1.36, a quick ratio of 1.04 and a debt-to-equity ratio of 1.70. The firm’s 50-day moving average price is $195.84 and its 200-day moving average price is $210.44. The firm has a market capitalization of $132.44 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 2.78 and a beta of 0.95.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The company had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same period in the prior year, the firm earned $2.58 earnings per share. Honeywell International’s revenue was up 7.0% on a year-over-year basis. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Sell-side analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HON shares. Rothschild & Co Redburn dropped their price objective on Honeywell International from $240.00 to $222.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Wells Fargo & Company decreased their target price on shares of Honeywell International from $218.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 7th. Evercore ISI started coverage on shares of Honeywell International in a research report on Monday, December 15th. They set an “outperform” rating and a $255.00 price target for the company. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Finally, Bank of America restated an “underperform” rating and issued a $205.00 price objective (down previously from $265.00) on shares of Honeywell International in a research report on Tuesday, November 18th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $233.90.

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.