Honeywell International Inc. $HON Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 110,328 shares of the conglomerate’s stock after selling 4,969 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Honeywell International were worth $23,224,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Chung Wu Investment Group LLC bought a new position in Honeywell International in the second quarter worth about $26,000. Barnes Dennig Private Wealth Management LLC raised its position in shares of Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 118 shares during the period. RMG Wealth Management LLC bought a new stake in shares of Honeywell International in the 2nd quarter worth approximately $33,000. Activest Wealth Management boosted its position in Honeywell International by 425.9% during 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 period. Finally, Howard Hughes Medical Institute bought a new position in Honeywell International during the 2nd quarter worth $33,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Sanford C. Bernstein set a $255.00 target price on Honeywell International in a research note on Friday. Royal Bank Of Canada dropped their price objective on shares of Honeywell International from $253.00 to $249.00 and set an “outperform” rating on the stock in a report on Thursday. DZ Bank reduced their target price on shares of Honeywell International from $248.00 to $237.00 in a research note on Tuesday, December 23rd. Jefferies Financial Group decreased their target price on shares of Honeywell International from $230.00 to $220.00 in a research report on Monday, November 3rd. Finally, JPMorgan Chase & Co. upgraded shares of Honeywell International from a “neutral” rating to an “overweight” rating and raised their price target for the company from $218.00 to $255.00 in a research note on Friday. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and an average target price of $236.48.

Honeywell International Stock Up 0.9%

HON stock opened at $215.02 on Friday. The firm’s 50-day moving average is $196.81 and its two-hundred day moving average is $210.36. The company has a market capitalization of $136.51 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 2.95 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 company has a current ratio of 1.36, a quick ratio of 1.04 and a debt-to-equity ratio of 1.70.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The business had revenue of $10.41 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the business earned $2.58 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. 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. On average, analysts forecast that Honeywell International Inc. will post 10.34 earnings per share 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.