Principal Financial Group Inc. Grows Position in Honeywell International Inc. $HON

Principal Financial Group Inc. raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.9% in the 4th quarter, HoldingsChannel reports. The fund owned 755,118 shares of the conglomerate’s stock after buying an additional 28,653 shares during the quarter. Principal Financial Group Inc.’s holdings in Honeywell International were worth $147,316,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Holos Integrated Wealth LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth about $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Honeywell International in the 4th quarter valued at about $26,000. Barnes Dennig Private Wealth Management LLC grew its stake in Honeywell International by 491.7% during the 3rd 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 last quarter. JPL Wealth Management LLC purchased a new position in Honeywell International during the 3rd quarter worth approximately $31,000. Finally, Cedar Mountain Advisors LLC increased its position in Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HON shares. Argus increased their price objective on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Wells Fargo & Company reduced their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Morgan Stanley upped their price target on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Evercore boosted their price objective on shares of Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Finally, TD Cowen dropped their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $250.00.

Honeywell International Stock Performance

NASDAQ HON opened at $216.91 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The business has a fifty day moving average of $229.23 and a 200-day moving average of $215.86. The stock has a market cap of $137.44 billion, a price-to-earnings ratio of 30.72, a price-to-earnings-growth ratio of 2.98 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter last year, the business posted $2.21 EPS. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. 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. As a group, analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

Insider Buying and Selling at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the transaction, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,147,917. This trade represents a 52.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.15% of the company’s stock.

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.