Tradewinds LLC. Takes Position in Honeywell International Inc. $HON

Tradewinds LLC. bought a new position in Honeywell International Inc. (NASDAQ:HONFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 31,791 shares of the conglomerate’s stock, valued at approximately $6,692,000. Honeywell International accounts for approximately 1.6% of Tradewinds LLC.’s holdings, making the stock its 17th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. BankPlus Wealth Management LLC lifted its stake in shares of Honeywell International by 2.2% in the 2nd quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock valued at $463,000 after purchasing an additional 43 shares in the last quarter. Summit Wealth Group LLC lifted its position in Honeywell International by 4.3% during the second quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate’s stock valued at $260,000 after buying an additional 46 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in Honeywell International by 1.8% during the second quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate’s stock worth $628,000 after buying an additional 47 shares during the period. Bar Harbor Wealth Management increased its position in shares of Honeywell International by 0.3% in the second quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate’s stock worth $3,538,000 after acquiring an additional 47 shares in the last quarter. Finally, Nova R Wealth Inc. raised its stake in shares of Honeywell International by 3.0% in the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock valued at $335,000 after acquiring an additional 47 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $219.39 on Monday. 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. The stock has a market cap of $139.29 billion, a P/E ratio of 23.12, a price-to-earnings-growth ratio of 3.04 and a beta of 0.95. The stock has a 50 day moving average of $197.32 and a 200-day moving average of $209.86.

Honeywell International (NASDAQ:HONGet Free Report) 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. The firm had revenue of $10.41 billion for the quarter, compared to the consensus estimate of $10.14 billion. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.58 EPS. 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 expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Morgan Stanley lowered their price target on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating for the company in a report on Tuesday, October 28th. Robert W. Baird dropped their target price on Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. HSBC reduced their price target on Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. Barclays dropped their price objective on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 24th. Finally, Wells Fargo & Company decreased their target price on shares of Honeywell International from $218.00 to $215.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $236.48.

Check Out Our Latest Report on HON

Honeywell International News Roundup

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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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