Crossmark Global Holdings Inc. Sells 2,704 Shares of Honeywell International Inc. $HON

Crossmark Global Holdings Inc. decreased its stake in Honeywell International Inc. (NASDAQ:HON) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,968 shares of the conglomerate’s stock after selling 2,704 shares during the period. Crossmark Global Holdings Inc.’s holdings in Honeywell International were worth $7,797,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ethic Inc. grew its stake in shares of Honeywell International by 3.8% in the fourth quarter. Ethic Inc. now owns 22,026 shares of the conglomerate’s stock worth $4,297,000 after acquiring an additional 807 shares during the last quarter. Ballast Inc. grew its stake in shares of Honeywell International by 7.7% in the fourth quarter. Ballast Inc. now owns 7,447 shares of the conglomerate’s stock worth $1,453,000 after acquiring an additional 531 shares during the last quarter. Cheviot Value Management LLC grew its stake in shares of Honeywell International by 32.2% in the fourth quarter. Cheviot Value Management LLC now owns 822 shares of the conglomerate’s stock worth $178,000 after acquiring an additional 200 shares during the last quarter. Costello Asset Management INC grew its stake in shares of Honeywell International by 1.0% in the fourth quarter. Costello Asset Management INC now owns 16,723 shares of the conglomerate’s stock worth $3,262,000 after acquiring an additional 164 shares during the last quarter. Finally, Lighthouse Financial Services Inc. ADV acquired a new stake in shares of Honeywell International in the fourth quarter worth $2,391,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 1.4%

Shares of NASDAQ:HON opened at $213.12 on Friday. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week 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. The company’s fifty day moving average is $228.68 and its 200-day moving average is $215.95. The company has a market capitalization of $135.04 billion, a PE ratio of 30.19, a P/E/G ratio of 3.04 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating 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 period in the previous year, the business posted $2.21 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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. Equities research analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s payout ratio is currently 67.42%.

Insiders Place Their Bets

In other news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. Royal Bank Of Canada reiterated an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a research note on Monday, April 27th. Sanford C. Bernstein set a $255.00 price target on shares of Honeywell International in a research note on Friday, January 16th. BNP Paribas Exane lifted their price target on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Wells Fargo & Company decreased their price target on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Barclays decreased their price target on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating on the stock in a research note on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $250.00.

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.