Glenview Trust Co increased its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 8.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 167,732 shares of the conglomerate’s stock after purchasing an additional 13,737 shares during the period. Glenview Trust Co’s holdings in Honeywell International were worth $32,723,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in HON. SG Americas Securities LLC lifted its holdings in shares of Honeywell International by 15,459.1% in the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock valued at $791,667,000 after purchasing an additional 4,031,879 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Honeywell International by 28.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after purchasing an additional 2,277,234 shares during the last quarter. Mizuho Markets Americas LLC lifted its holdings in shares of Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock valued at $398,374,000 after purchasing an additional 1,842,000 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Honeywell International by 130.0% in the 3rd quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after purchasing an additional 1,042,972 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after purchasing an additional 1,027,413 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HON has been the topic of a number of recent research reports. Morgan Stanley lifted their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Barclays dropped their price objective on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating on the stock in a research note on Friday, April 24th. Citigroup dropped their price objective on shares of Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $247.83.
Honeywell International Price Performance
Shares of NASDAQ:HON opened at $227.92 on Monday. The company has a market cap of $144.42 billion, a price-to-earnings ratio of 32.28, a PEG ratio of 3.26 and a beta of 0.82. The firm’s 50-day simple moving average is $223.63 and its 200-day simple moving average is $216.67. 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 fifty-two week low of $186.76 and a fifty-two week high of $248.18.
Honeywell International (NASDAQ:HON – Get Free Report) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. As a group, equities research analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current year.
Honeywell International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued a $1.19 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. Honeywell International’s payout ratio is presently 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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