Fortem Financial Group LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,623 shares of the conglomerate’s stock, valued at approximately $512,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cardinal Capital Management Inc. lifted its stake in Honeywell International by 6.1% in the fourth quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after purchasing an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC lifted its stake in Honeywell International by 56.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after purchasing an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC lifted its stake in Honeywell International by 36.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after purchasing an additional 21,770 shares during the last quarter. First National Trust Co lifted its stake in Honeywell International by 9.4% in the third quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock worth $16,648,000 after purchasing an additional 6,803 shares during the last quarter. Finally, Lockheed Martin Investment Management Co. bought a new stake in Honeywell International in the third quarter worth about $4,147,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
Several analysts have issued reports on HON shares. Argus raised their price objective on shares of Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. 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. Jefferies Financial Group decreased their price objective on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Finally, TD Cowen decreased their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $250.00.
Insider Activity at Honeywell International
In other news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction 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. This trade represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.
Honeywell International Stock Performance
Shares of NASDAQ:HON opened at $213.12 on Monday. The firm has a market cap of $135.04 billion, a PE ratio of 30.19, a price-to-earnings-growth ratio of 3.04 and a beta of 0.82. The firm’s 50 day simple moving average is $228.68 and its 200-day simple moving average is $215.95. Honeywell International Inc. has a one year low of $186.76 and a one year high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39.
Honeywell International (NASDAQ:HON – Get Free Report) last issued 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. The business 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%. The company’s quarterly 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. As a group, equities analysts predict that Honeywell International Inc. will post 10.54 EPS for the current year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $1.19 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. Honeywell International’s dividend payout ratio (DPR) is 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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