CIBC Asset Management Inc Increases Stock Holdings in Honeywell International Inc. $HON

CIBC Asset Management Inc grew its position in Honeywell International Inc. (NASDAQ:HON) by 32.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 336,652 shares of the conglomerate’s stock after purchasing an additional 82,905 shares during the period. CIBC Asset Management Inc’s holdings in Honeywell International were worth $65,677,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HON. Holos Integrated Wealth LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at $25,000. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $26,000. Strategic Wealth Advisors LLC purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $29,000. JPL Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter worth approximately $31,000. Finally, Strive Asset Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter worth approximately $33,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Key Honeywell International News

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

• Positive Sentiment: Honeywell announced a new independent board member, Jill Evanko, which may support oversight as the company pushes ahead with its portfolio transformation and separation plans. HONEYWELL APPOINTS JILL EVANKO TO BOARD OF DIRECTORS
• Positive Sentiment: Honeywell’s industrial safety software expansion, adding predictive analytics and compliance tools, highlights continued investment in higher-value software offerings that could support growth. Honeywell expands industrial safety software with predictive analytics, compliance tools
• Positive Sentiment: Honeywell-backed Quantinuum raised its IPO target and valuation, which could reinforce investor interest in Honeywell’s quantum computing assets and improve the perceived value of its portfolio. Honeywell’s Quantinuum eyes $14.3 billion valuation in upsized US IPO
• Neutral Sentiment: Honeywell said it will host an update call on June 8 and provide preliminary 2026 outlook details for the remaining company after the aerospace spin-off, keeping the market focused on execution and future guidance. HONEYWELL TO HOST 2026 UPDATE CALL AND INTRODUCE OUTLOOK FOR HONEYWELL TECHNOLOGIES (REMAINCO)
• Neutral Sentiment: Coverage ahead of the aerospace spin-off and analyst commentary suggest the market is still evaluating whether Honeywell Aerospace can accelerate growth after separation. Honeywell Aerospace Stock Needs to Do Better. There’s Only One Way That Happens.
• Negative Sentiment: Reports of layoffs ahead of the aerospace spinoff may signal restructuring pressure and near-term disruption, which can weigh on sentiment. Honeywell to lay off 60 Valley workers ahead of aerospace company spinoff
• Negative Sentiment: Several articles questioned Honeywell Aerospace’s growth outlook, and that skepticism may be contributing to weakness in the stock as investors wait for clearer proof of improvement. Daily Memo: What Honeywell Aerospace Has To Prove

Honeywell International Stock Down 0.6%

Shares of NASDAQ HON opened at $235.23 on Wednesday. Honeywell International Inc. has a 52-week low of $186.76 and a 52-week high of $248.18. The firm has a fifty day moving average of $223.75 and a 200-day moving average of $218.21. The stock has a market capitalization of $149.05 billion, a PE ratio of 33.32, a P/E/G ratio of 3.38 and a beta of 0.85. 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 (NASDAQ:HON) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the business earned $2.21 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. 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. On average, analysts anticipate that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Dividend Announcement

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 dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. Honeywell International’s payout ratio is presently 67.42%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HON. TD Cowen dropped 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. Rothschild & Co Redburn dropped their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Argus lifted their price objective on Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, BMO Capital Markets initiated coverage on Honeywell International in a research report on Friday, March 27th. They set an “outperform” rating and a $273.00 price objective for the company. Thirteen investment 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $247.29.

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.