Liberty One Investment Management LLC Acquires 7,207 Shares of Honeywell International Inc. $HON

Liberty One Investment Management LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 31.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,859 shares of the conglomerate’s stock after acquiring an additional 7,207 shares during the period. Liberty One Investment Management LLC’s holdings in Honeywell International were worth $6,285,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bogart Wealth LLC lifted its holdings in shares of Honeywell International by 36.0% during the third quarter. Bogart Wealth LLC now owns 397 shares of the conglomerate’s stock valued at $84,000 after purchasing an additional 105 shares during the last quarter. PKO Investment Management Joint Stock Co raised its stake in Honeywell International by 120.0% during the third quarter. PKO Investment Management Joint Stock Co now owns 33,000 shares of the conglomerate’s stock valued at $6,946,000 after buying an additional 18,000 shares during the last quarter. Bangor Savings Bank raised its stake in Honeywell International by 64.5% during the third quarter. Bangor Savings Bank now owns 1,984 shares of the conglomerate’s stock valued at $418,000 after buying an additional 778 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Honeywell International by 3.3% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 21,021 shares of the conglomerate’s stock worth $4,425,000 after acquiring an additional 671 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Honeywell International by 0.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,904,702 shares of the conglomerate’s stock worth $400,940,000 after acquiring an additional 11,903 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on HON. Rothschild & Co Redburn lowered their price target on Honeywell International from $240.00 to $222.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Jefferies Financial Group cut their price target on shares of Honeywell International from $230.00 to $220.00 in a report on Monday, November 3rd. Barclays reduced their price target on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating for the company in a research report on Wednesday, December 24th. Finally, Wells Fargo & Company cut their target price on Honeywell International from $218.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 7th. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $233.90.

Honeywell International Stock Up 0.6%

HON opened at $208.60 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.36 and a debt-to-equity ratio of 1.70. The firm has a 50 day moving average price of $195.84 and a 200-day moving average price of $210.44. Honeywell International Inc. has a twelve month low of $169.21 and a twelve month high of $228.04. The stock has a market capitalization of $132.44 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 2.78 and a beta of 0.95.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The company had revenue of $10.41 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the company posted $2.58 earnings per share. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. 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. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

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.