Honeywell International Inc. $HON Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 546,055 shares of the conglomerate’s stock after selling 6,610 shares during the period. New York State Teachers Retirement System owned 0.09% of Honeywell International worth $114,945,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Chung Wu Investment Group LLC purchased a new position in shares of Honeywell International during the second quarter worth about $26,000. RMG Wealth Management LLC purchased a new stake in Honeywell International during the 2nd quarter valued at approximately $33,000. Howard Hughes Medical Institute acquired a new stake in Honeywell International during the 2nd quarter worth approximately $33,000. Activest Wealth Management grew its stake in shares of Honeywell International by 425.9% in the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 115 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its stake in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Honeywell International in a report on Monday, December 29th. Jefferies Financial Group cut their price objective on shares of Honeywell International from $230.00 to $220.00 in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Honeywell International from $265.00 to $264.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Rothschild & Co Redburn cut their price target on shares of Honeywell International from $240.00 to $222.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Finally, BNP Paribas Exane assumed coverage on Honeywell International in a report on Wednesday, December 3rd. They issued a “neutral” rating and a $195.00 price objective on the stock. Nine 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. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $234.15.

Honeywell International Stock Up 1.0%

Shares of NASDAQ HON opened at $207.38 on Friday. The stock has a market capitalization of $131.66 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 2.78 and a beta of 0.95. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $228.04. The firm has a 50-day moving average price of $195.62 and a 200 day moving average price of $210.65. The company has a quick ratio of 1.04, a current ratio of 1.36 and a debt-to-equity ratio of 1.70.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Monday, December 11th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter. The company had revenue of $8.95 billion during the quarter. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. 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. Equities research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

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.