SVB Wealth LLC Sells 3,258 Shares of Honeywell International Inc. $HON

SVB Wealth LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HONFree Report) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,816 shares of the conglomerate’s stock after selling 3,258 shares during the period. SVB Wealth LLC’s holdings in Honeywell International were worth $5,622,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC raised its holdings in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Acadian Asset Management LLC lifted its position in Honeywell International by 145.7% during the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after purchasing an additional 2,629 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Honeywell International by 18.3% in the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares during the last quarter. Nebula Research & Development LLC grew its position in Honeywell International by 3.1% in the 2nd quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock worth $1,374,000 after purchasing an additional 176 shares during the period. Finally, Main Street Financial Solutions LLC raised its stake in Honeywell International by 4.4% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after buying an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research reports. Daiwa Securities Group upped their price objective on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a research note on Friday, January 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a research report on Monday, April 27th. The Goldman Sachs Group dropped their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Barclays cut their target price on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a research report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $250.00.

Get Our Latest Analysis on HON

Honeywell International Price Performance

HON stock opened at $213.12 on Monday. The business’s 50-day moving average price is $228.68 and its 200-day moving average price is $215.95. The stock has a market cap of $135.04 billion, a P/E ratio of 30.19, a PEG ratio of 3.04 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 Inc. has a twelve month low of $186.76 and a twelve month high of $248.18.

Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results 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 net margin of 11.37% and a return on equity of 42.29%. The company had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter last year, the business earned $2.21 EPS. The firm’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. On average, equities research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend 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 company’s 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 completion of the transaction, the director owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Honeywell International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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