PKO Investment Management Joint Stock Co Boosts Holdings in Honeywell International Inc. $HON

PKO Investment Management Joint Stock Co lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 120.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 33,000 shares of the conglomerate’s stock after acquiring an additional 18,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in Honeywell International were worth $6,946,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HON. Chung Wu Investment Group LLC purchased a new stake in Honeywell International during the second quarter valued at about $26,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after buying an additional 118 shares during the period. RMG Wealth Management LLC bought a new stake in shares of Honeywell International in the 2nd quarter valued at about $33,000. Activest Wealth Management boosted its holdings in Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after acquiring an additional 115 shares during the period. Finally, Howard Hughes Medical Institute bought a new position in Honeywell International during the 2nd quarter worth approximately $33,000. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HON. Bank of America reiterated 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. TD Cowen lowered their price target on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating for the company in a report on Monday, November 10th. BNP Paribas raised shares of Honeywell International to a “hold” rating in a research report on Wednesday, December 3rd. Citigroup cut their price target on shares of Honeywell International from $267.00 to $262.00 and set a “buy” rating on the stock in a report on Monday. Finally, Wall Street Zen raised shares of Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $233.90.

Honeywell International Stock Up 0.6%

Shares of Honeywell International stock opened at $208.60 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.04 and a debt-to-equity ratio of 1.70. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $228.04. The company has a market cap of $132.44 billion, a P/E ratio of 21.98, a PEG ratio of 2.78 and a beta of 0.95. The company’s fifty day simple moving average is $195.84 and its two-hundred day simple moving average is $210.44.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. The firm had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.14 billion. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company posted $2.58 EPS. 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. Research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

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.