Honeywell International Inc. $HON Shares Sold by Bowen Hanes & Co. Inc.

Bowen Hanes & Co. Inc. cut its stake in Honeywell International Inc. (NASDAQ:HON) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,773 shares of the conglomerate’s stock after selling 2,258 shares during the quarter. Bowen Hanes & Co. Inc.’s holdings in Honeywell International were worth $9,320,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. FSM Wealth Advisors LLC raised its stake in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after buying an additional 46 shares during the period. Meridian Financial Partners LLC raised its stake in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock worth $245,000 after buying an additional 46 shares during the period. Facet Wealth Inc. raised its stake in shares of Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after buying an additional 47 shares during the period. Kesler Norman & Wride LLC raised its stake in shares of Honeywell International by 0.5% during the 4th quarter. Kesler Norman & Wride LLC now owns 9,455 shares of the conglomerate’s stock worth $1,845,000 after buying an additional 47 shares during the period. Finally, EPG Wealth Management LLC raised its stake in shares of Honeywell International by 0.5% during the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock worth $1,960,000 after buying an additional 49 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Key Honeywell International News

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

• Positive Sentiment: Goldman Sachs raised its price target on Honeywell International to $276 from $258 and kept a buy rating, signaling confidence in the stock’s valuation and outlook. Goldman Sachs price target update
• Positive Sentiment: Honeywell’s Quantinuum quantum computing unit raised $1.68 billion in its U.S. IPO, which could crystallize value for HON shareholders and highlight strength in a high-growth asset. Quantinuum IPO Reuters article
• Positive Sentiment: Honeywell Aerospace held an investor day ahead of its planned spin-off and outlined long-term growth targets, including expectations for strong earnings growth and improved capital allocation after separation. Honeywell Aerospace growth outlook
• Positive Sentiment: Analyst commentary and recent coverage suggest the restructuring could unlock value by making Honeywell more focused and easier for investors to value. HON valuation and spinoff analysis
• Neutral Sentiment: Honeywell also announced an independent director appointment to support its portfolio transformation, reinforcing that the company is still executing on its broader restructuring plan. Independent director announcement
• Negative Sentiment: Some market commentary remains skeptical that Honeywell Aerospace will fully deliver the growth investors want after the spinoff, which may be weighing on sentiment in the near term. Barron’s commentary on Honeywell Aerospace

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HON shares. BMO Capital Markets started coverage on Honeywell International in a research note on Friday, March 27th. They set an “outperform” rating and a $273.00 target price for the company. Jefferies Financial Group dropped their price target on Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Wolfe Research reiterated an “outperform” rating and set a $275.00 price target on shares of Honeywell International in a research report on Friday, May 29th. TD Cowen dropped their price target on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Morgan Stanley boosted their price target on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Thirteen equities research 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’s stock. According to MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $248.04.

Honeywell International Stock Down 5.1%

Shares of NASDAQ:HON opened at $223.26 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The business has a fifty day moving average of $224.03 and a two-hundred day moving average of $218.61. The stock has a market cap of $141.47 billion, a P/E ratio of 31.62, a PEG ratio of 3.36 and a beta of 0.85. Honeywell International Inc. has a 52-week low of $186.76 and a 52-week high of $248.18.

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, beating the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.21 EPS. 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, research analysts expect that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Announces Dividend

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

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.