US Bancorp DE lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 822,333 shares of the conglomerate’s stock after selling 25,571 shares during the period. US Bancorp DE’s holdings in Honeywell International were worth $160,429,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the business. FSM Wealth Advisors LLC lifted its stake in Honeywell International by 1.1% in the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after purchasing an additional 46 shares during the last quarter. Nova R Wealth Inc. lifted its stake in Honeywell International by 3.0% in the third quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after purchasing an additional 47 shares during the last quarter. Facet Wealth Inc. lifted its stake in Honeywell International by 3.6% in the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after purchasing an additional 47 shares during the last quarter. EPG Wealth Management LLC lifted its stake in Honeywell International by 0.5% in the fourth quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock worth $1,960,000 after purchasing an additional 49 shares during the last quarter. Finally, Willow Creek Wealth Management Inc. lifted its stake in Honeywell International by 2.2% in the third quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock worth $490,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Weiss Ratings downgraded shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. The Goldman Sachs Group decreased their price target on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research note on Friday, April 24th. BMO Capital Markets assumed coverage on shares of Honeywell International in a research note on Friday, March 27th. They set an “outperform” rating and a $273.00 price target for the company. Wells Fargo & Company decreased their price target on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and an average price target of $250.00.
Honeywell International Stock Performance
Shares of HON stock opened at $210.30 on Thursday. The firm has a market cap of $133.26 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 3.03 and a beta of 0.93. The company’s 50 day moving average is $230.98 and its 200 day moving average is $215.58. 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 52-week low of $186.76 and a 52-week high of $248.18.
Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company posted $2.21 earnings per share. 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. On average, sell-side analysts anticipate 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. Shareholders of record on Friday, May 15th will be issued a $1.19 dividend. This represents a $4.76 annualized dividend and a yield of 2.3%. 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 other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company’s stock, 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 the SEC website. Also, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction on Friday, January 30th. The stock was sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. This represents a 68.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,190 shares of company stock worth $4,244,287 over the last ninety days. Corporate insiders own 0.15% of the company’s stock.
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.
See Also
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