Resona Asset Management Co. Ltd. Has $37.57 Million Stock Position in Honeywell International Inc. $HON

Resona Asset Management Co. Ltd. reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 192,222 shares of the conglomerate’s stock after selling 10,189 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Honeywell International were worth $37,568,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HON. SG Americas Securities LLC grew its holdings in shares of Honeywell International by 15,459.1% during the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock valued at $791,667,000 after buying an additional 4,031,879 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Honeywell International by 28.8% during the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after buying an additional 2,277,234 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Honeywell International by 130.0% during the third quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after buying an additional 1,042,972 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Honeywell International by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after buying an additional 1,027,413 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Honeywell International by 424.3% during the third quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock valued at $242,865,000 after buying an additional 933,694 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on HON shares. TD Cowen reduced their price objective 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. Barclays reduced their price objective on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Citigroup reduced their price objective on shares of Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, 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 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $248.25.

Honeywell International Stock Up 1.9%

Honeywell International stock opened at $217.23 on Tuesday. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The stock has a market cap of $137.65 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 3.04 and a beta of 0.82. The firm’s 50-day simple moving average is $224.96 and its 200 day simple moving average is $216.15. 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 released 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 business had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same period in the previous year, the company earned $2.21 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.2%. Honeywell International’s payout ratio is 67.42%.

Insiders Place Their Bets

In related news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.

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.