Nilsine Partners LLC Purchases New Shares in Honeywell International Inc. $HON

Nilsine Partners LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON) in the second quarter, Holdings Channel reports. The fund purchased 3,059 shares of the conglomerate’s stock, valued at approximately $783,000.

Several other institutional investors have also modified their holdings of the stock. Caitlin John LLC lifted its stake in shares of Honeywell International by 138.9% in the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after buying an additional 75 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Honeywell International during the 4th quarter worth $28,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Honeywell International in the 4th quarter valued at approximately $28,000. JPL Wealth Management LLC acquired a new position in Honeywell International during the third quarter worth $31,000. Finally, Titan Wealth CI Ltd purchased a new position in Honeywell International during the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HON. JPMorgan Chase & Co. decreased their target price on Honeywell International from $262.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, August 14th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada lowered their target price on Honeywell International from $298.00 to $293.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 18th. Citigroup upped their price objective on shares of Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Rothschild & Co Redburn decreased their price target on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus price target of $254.04.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $209.61 on Monday. The company has a market capitalization of $66.43 billion, a P/E ratio of 8.10, a P/E/G ratio of 3.51 and a beta of 0.87. The stock’s fifty day simple moving average is $228.64 and its 200-day simple moving average is $227.97. Honeywell International Inc. has a 52-week low of $196.59 and a 52-week high of $261.24. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.77 EPS. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. As a group, equities research analysts forecast that Honeywell International Inc. will post 8.29 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Honeywell International’s payout ratio is presently 36.80%.

Insider Buying and Selling

In other Honeywell International news, CEO Kenneth West sold 17,032 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $243.77, for a total value of $4,151,890.64. Following the completion of the transaction, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at $519,717.64. This represents a 88.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.15% of the stock is owned by corporate insiders.

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.