St. James Investment Company LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 31.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,543 shares of the conglomerate’s stock after acquiring an additional 22,856 shares during the period. Honeywell International comprises 3.0% of St. James Investment Company LLC’s investment portfolio, making the stock its 14th biggest holding. St. James Investment Company LLC’s holdings in Honeywell International were worth $18,835,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Holos Integrated Wealth LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth about $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth about $26,000. JPL Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth about $31,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth about $29,000. Finally, Strive Asset Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on HON. Robert W. Baird upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Jefferies Financial Group reduced their price objective on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday, April 27th. JPMorgan Chase & Co. upped their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Evercore upped 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, Morgan Stanley upped their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $250.00.
Insider Buying and Selling at Honeywell International
In other news, Director D Scott Davis sold 2,367 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is owned by corporate insiders.
Honeywell International Stock Down 0.3%
Honeywell International stock opened at $218.54 on Wednesday. Honeywell International Inc. has a twelve month low of $186.76 and a twelve month high of $248.18. The firm has a 50 day moving average price of $227.16 and a 200-day moving average price of $216.15. The company has a market capitalization of $138.48 billion, a P/E ratio of 30.95, a P/E/G ratio of 3.13 and a beta of 0.82. 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 (NASDAQ:HON – Get Free Report) last released its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. During the same period in the prior year, the firm earned $2.21 EPS. The company’s 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, equities analysts predict that Honeywell International Inc. will post 10.54 EPS for the current year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $1.19 per share. 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 dividend payout ratio is currently 67.42%.
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.
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