Mizuho Markets Americas LLC Takes Position in Honeywell International Inc. $HON

Mizuho Markets Americas LLC bought a new position in Honeywell International Inc. (NASDAQ:HONFree Report) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 200,000 shares of the conglomerate’s stock, valued at approximately $42,100,000. Honeywell International accounts for 0.8% of Mizuho Markets Americas LLC’s holdings, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BankPlus Wealth Management LLC boosted its position in shares of Honeywell International by 2.2% during the 2nd quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock valued at $463,000 after acquiring an additional 43 shares in the last quarter. Summit Wealth Group LLC raised its position in Honeywell International by 4.3% in the second quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate’s stock worth $260,000 after purchasing an additional 46 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in Honeywell International by 1.8% during the second quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate’s stock worth $628,000 after purchasing an additional 47 shares during the period. Bar Harbor Wealth Management boosted its holdings in Honeywell International by 0.3% during the second quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate’s stock valued at $3,538,000 after purchasing an additional 47 shares in the last quarter. Finally, Nova R Wealth Inc. grew its stake in shares of Honeywell International by 3.0% in the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock valued at $335,000 after purchasing an additional 47 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Vertical Research downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research report on Monday, January 5th. BNP Paribas Exane began coverage on Honeywell International in a report on Wednesday, December 3rd. They set a “neutral” rating and a $195.00 price objective for the company. JPMorgan Chase & Co. upgraded shares of Honeywell International from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $218.00 to $255.00 in a research note on Friday. Robert W. Baird dropped their target price on shares of Honeywell International from $250.00 to $220.00 and set a “neutral” rating for the company in a research report on Monday, October 13th. Finally, Citigroup cut their price target on shares of Honeywell International from $267.00 to $262.00 and set a “buy” rating for the company in a report on Monday, January 12th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $236.48.

Check Out Our Latest Analysis on HON

Honeywell International News Roundup

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

Honeywell International Trading Up 2.0%

Shares of HON opened at $219.39 on Monday. The firm has a market capitalization of $139.29 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 3.04 and a beta of 0.95. 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 12-month low of $169.21 and a 12-month high of $228.04. The stock’s fifty day simple moving average is $197.32 and its 200-day simple moving average is $209.86.

Honeywell International (NASDAQ:HONGet Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The business had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same period in the previous year, the firm posted $2.58 earnings per share. Honeywell International’s revenue for the quarter was up 7.0% compared to the same quarter last year. 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. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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