Universal Beteiligungs und Servicegesellschaft mbH Increases Position in Honeywell International Inc. $HON

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 5.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 391,327 shares of the conglomerate’s stock after buying an additional 21,724 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Honeywell International worth $82,374,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Chung Wu Investment Group LLC purchased a new stake in shares of Honeywell International in the 2nd quarter valued at $26,000. RMG Wealth Management LLC purchased a new position in Honeywell International in the 2nd quarter valued at approximately $33,000. Howard Hughes Medical Institute purchased a new position in Honeywell International in the second quarter valued at $33,000. Activest Wealth Management increased its stake in shares of Honeywell International by 425.9% during the second quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock worth $33,000 after buying an additional 115 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC increased its position in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HON shares. Rothschild & Co Redburn cut their price objective on shares of Honeywell International from $240.00 to $222.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Sanford C. Bernstein set a $255.00 price objective on Honeywell International in a report on Friday. Barclays dropped their price target on Honeywell International from $269.00 to $250.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 24th. TD Cowen reduced their target price on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Finally, DZ Bank dropped their price objective on Honeywell International from $248.00 to $237.00 in a report on Tuesday, December 23rd. Ten 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 stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus price target of $236.48.

Honeywell International Price Performance

HON opened at $215.07 on Wednesday. Honeywell International Inc. has a 52-week low of $169.21 and a 52-week high of $228.04. The company has a market cap of $136.55 billion, a P/E ratio of 22.66, a P/E/G ratio of 2.41 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. The company has a 50 day moving average of $198.08 and a two-hundred day moving average of $209.54.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share for the quarter, beating 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 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 prior year, the firm earned $2.58 earnings per share. The business’s quarterly revenue 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. On average, analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Profile

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.