Bank of New York Mellon Corp Buys 149,155 Shares of Honeywell International Inc. $HON

Bank of New York Mellon Corp lifted its stake in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,611,494 shares of the conglomerate’s stock after buying an additional 149,155 shares during the quarter. Bank of New York Mellon Corp’s holdings in Honeywell International were worth $1,289,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Holos Integrated Wealth LLC bought a new stake in Honeywell International during the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC bought a new position in shares of Honeywell International in the 4th quarter worth approximately $26,000. Strategic Wealth Advisors LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of Honeywell International during the third quarter valued at approximately $31,000. Finally, Strive Asset Management LLC purchased a new stake in Honeywell International in the third quarter worth $33,000. 75.91% of the stock is owned by institutional investors.

Key Stories Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

Honeywell International Stock Performance

Shares of HON stock opened at $235.23 on Wednesday. The company has a market capitalization of $149.05 billion, a price-to-earnings ratio of 33.32, a price-to-earnings-growth ratio of 3.38 and a beta of 0.85. 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 Inc. has a one year low of $186.76 and a one year high of $248.18. The company’s 50-day moving average is $223.75 and its 200 day moving average is $218.21.

Honeywell International (NASDAQ:HONGet Free Report) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company 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. Sell-side analysts expect that Honeywell International Inc. will post 10.53 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is currently 67.42%.

Analysts Set New Price Targets

HON has been the subject of several recent research reports. Daiwa Securities Group raised their price objective on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. BMO Capital Markets started coverage on shares of Honeywell International in a research report on Friday, March 27th. They issued an “outperform” rating and a $273.00 target price on the stock. Wells Fargo & Company decreased their price target on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. TD Cowen lowered their price target on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Rothschild & Co Redburn dropped their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $247.29.

Read Our Latest Stock Report on Honeywell International

About Honeywell International

(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.

Featured Stories

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

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