Honeywell International Inc. $HON Shares Purchased by HB Wealth Management LLC

HB Wealth Management LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,779 shares of the conglomerate’s stock after acquiring an additional 4,075 shares during the quarter. HB Wealth Management LLC’s holdings in Honeywell International were worth $19,530,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Chung Wu Investment Group LLC acquired a new position in shares of Honeywell International in the second quarter valued at approximately $26,000. RMG Wealth Management LLC acquired a new stake in Honeywell International during the 2nd quarter worth approximately $33,000. Activest Wealth Management boosted its position in Honeywell International by 425.9% in the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after buying an additional 115 shares during the period. Howard Hughes Medical Institute acquired a new position in shares of Honeywell International in the second quarter worth $33,000. Finally, SJS Investment Consulting Inc. increased its position in shares of Honeywell International by 833.3% during the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock worth $35,000 after acquiring an additional 150 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $199.51 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.36 and a debt-to-equity ratio of 1.70. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $228.04. The firm’s 50 day moving average is $195.40 and its two-hundred day moving average is $210.90. The firm has a market capitalization of $126.67 billion, a P/E ratio of 21.02, a P/E/G ratio of 2.75 and a beta of 0.95.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Monday, December 11th. The conglomerate reported $2.25 earnings per share for the quarter. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The business had revenue of $8.95 billion during the quarter. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HON. BNP Paribas upgraded Honeywell International to a “hold” rating in a report on Wednesday, December 3rd. Bank of America reaffirmed an “underperform” rating and issued a $205.00 price target (down previously from $265.00) on shares of Honeywell International in a research report on Tuesday, November 18th. Vertical Research downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective for the company. in a research report on Monday. Mizuho cut their target price on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Royal Bank Of Canada upgraded shares of Honeywell International from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $235.00 to $253.00 in a research note on Monday, October 27th. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $234.15.

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.