Huntington National Bank Cuts Stock Holdings in Honeywell International Inc. $HON

Huntington National Bank lessened its position in Honeywell International Inc. (NASDAQ:HON) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 138,545 shares of the conglomerate’s stock after selling 4,589 shares during the quarter. Huntington National Bank’s holdings in Honeywell International were worth $29,164,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Summit Wealth Group LLC lifted its stake in shares of 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 buying an additional 46 shares in the last quarter. Nova R Wealth Inc. boosted its holdings in shares of Honeywell International by 3.0% during the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after purchasing an additional 47 shares during the last quarter. Willow Creek Wealth Management Inc. grew its holdings in Honeywell International by 2.2% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after buying an additional 50 shares in the last quarter. Hills Bank & Trust Co grew its holdings in shares of Honeywell International by 0.5% in the second quarter. Hills Bank & Trust Co now owns 10,775 shares of the conglomerate’s stock valued at $2,509,000 after purchasing an additional 51 shares during the period. Finally, Mather Group LLC. increased its holdings in shares of Honeywell International by 0.6% during the 3rd quarter. Mather Group LLC. now owns 8,616 shares of the conglomerate’s stock worth $1,814,000 after buying an additional 51 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the sale, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the transaction, the vice president owned 4,803 shares of the company’s stock, valued at $1,147,917. This represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,190 shares of company stock valued at $4,244,287 over the last three months. Insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $243.59 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The business has a 50 day simple moving average of $221.08 and a 200-day simple moving average of $210.92. Honeywell International Inc. has a 12 month low of $169.21 and a 12 month high of $246.00. The stock has a market capitalization of $154.85 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 3.49 and a beta of 0.94.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The firm had revenue of $10.07 billion for the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. Honeywell International’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $2.47 EPS. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. Honeywell International’s dividend payout ratio is 59.57%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Honeywell International from $259.00 to $273.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. HSBC dropped their price target on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. The Goldman Sachs Group upped their price objective on shares of Honeywell International from $236.00 to $262.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Wolfe Research raised Honeywell International from a “peer perform” rating to an “outperform” rating and set a $293.00 price objective on the stock in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $249.48.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Wolfe Research upgraded Honeywell to Buy (outperform) and set a $293 price target, citing momentum ahead of an aerospace spinoff that could unlock value. Honeywell upgraded at Wolfe
• Positive Sentiment: Recent quarterly results beat expectations (EPS and revenue growth) and management guidance implies continued margin/earnings leverage — supports multiple expansion and the premium valuation investors are assigning.
• Positive Sentiment: Honeywell said it is resetting Catalyst deal terms and timeline while targeting EPS growth, which investors may view as clarifying the path to accretive outcomes from the transaction. Honeywell Resets Catalyst Deal Terms And Timeline
• Neutral Sentiment: Reported short-interest data in recent filings is noisy/insignificant (the published figures are effectively zero/invalid), so there’s no clear short-pressure signal to explain price moves at this time.
• Neutral Sentiment: Honeywell has outperformed the S&P 500 recently and analysts remain moderately optimistic — supportive context but not a fresh catalyst. Is Honeywell Outperforming the S&P 500?
• Negative Sentiment: Suppliers to U.S. aerospace and semiconductor firms are facing rare-earth shortages ahead of geopolitical talks, a supply constraint that could pressure Honeywell’s aerospace operations and margins. Market Chatter: US Aerospace, Chip Firms Grappling With Rare Earth Shortages
• Negative Sentiment: Wider market weakness (recent pullbacks in major indices) is a potential headwind for near-term performance despite company-specific positives. Top Midday Stories

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.