King Luther Capital Management Corp Sells 151,305 Shares of Honeywell International Inc. $HON

King Luther Capital Management Corp decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 16.6% in the 4th quarter, HoldingsChannel reports. The fund owned 757,799 shares of the conglomerate’s stock after selling 151,305 shares during the period. King Luther Capital Management Corp’s holdings in Honeywell International were worth $147,839,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of HON. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Honeywell International by 145.7% during the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after acquiring an additional 2,629 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after acquiring an additional 1,223 shares in the last quarter. Nebula Research & Development LLC increased its holdings in shares of Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after acquiring an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Honeywell International by 4.4% during the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after acquiring an additional 188 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 1.7%

HON stock opened at $231.72 on Wednesday. The stock’s fifty day simple moving average is $223.46 and its two-hundred day simple moving average is $217.14. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18. The stock has a market cap of $146.83 billion, a P/E ratio of 32.82, a P/E/G ratio of 3.26 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 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 firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the prior year, the firm earned $2.21 EPS. The business’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. Analysts expect that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $1.19 per share. 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 is currently 67.42%.

Analysts Set New Price Targets

Several research firms have recently commented on HON. The Goldman Sachs Group decreased their price objective on Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a report on Friday, April 24th. Argus boosted their price objective on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Jefferies Financial Group cut their target price on Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $268.00 target price on shares of Honeywell International in a research report on Monday, April 27th. 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 company. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average price target 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.