Newport Trust Company LLC Sells 522,232 Shares of Honeywell International Inc. $HON

Newport Trust Company LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,276,867 shares of the conglomerate’s stock after selling 522,232 shares during the period. Honeywell International makes up about 6.2% of Newport Trust Company LLC’s holdings, making the stock its 7th biggest position. Newport Trust Company LLC’s holdings in Honeywell International were worth $2,590,184,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of HON. Holos Integrated Wealth LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $29,000. JPL Wealth Management LLC acquired a new position in Honeywell International during the third quarter valued at $31,000. Finally, Strive Asset Management LLC acquired a new position in Honeywell International during the third quarter valued at $33,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 2.9%

Shares of HON stock opened at $223.80 on Friday. The stock’s 50 day simple moving average is $223.86 and its 200 day simple moving average is $216.46. 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 twelve month low of $186.76 and a twelve month high of $248.18. The company has a market capitalization of $141.81 billion, a price-to-earnings ratio of 31.70, a PEG ratio of 3.11 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share 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 for the quarter, compared to the consensus estimate of $9.30 billion. During the same period last year, the business earned $2.21 EPS. The firm’s revenue 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. As a group, research analysts predict that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.

Wall Street Analyst Weigh In

HON has been the topic of several recent analyst reports. BNP Paribas Exane upped their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Daiwa Securities Group upped their price target on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Wells Fargo & Company dropped their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Finally, Wolfe Research upped their price target on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus target price of $247.83.

Honeywell International Company 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.