PKO Investment Management Joint Stock Co lowered its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 18.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,000 shares of the conglomerate’s stock after selling 6,000 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Honeywell International were worth $5,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Honeywell International by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after acquiring an additional 1,027,413 shares during the period. Franklin Resources Inc. increased its stake in Honeywell International by 28.8% in the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the period. Invesco Ltd. grew its holdings in shares of Honeywell International by 11.0% in the third quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate’s stock worth $1,287,408,000 after purchasing an additional 605,600 shares during the last quarter. Unisphere Establishment increased its stake in Honeywell International by 5.4% in the 3rd quarter. Unisphere Establishment now owns 4,215,000 shares of the conglomerate’s stock worth $887,258,000 after buying an additional 215,000 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in Honeywell International by 15,459.1% during the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock valued at $791,667,000 after buying an additional 4,031,879 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on HON. The Goldman Sachs Group lowered their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research report on Friday, April 24th. TD Cowen decreased their price target on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a report on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” rating and issued a $268.00 price objective on shares of Honeywell International in a research note on Monday, April 27th. Finally, Daiwa Securities Group raised their price objective on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $250.00.
Insider Buying and Selling at Honeywell International
In related news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the sale, the vice president directly owned 4,803 shares in the company, valued at approximately $1,147,917. The trade was a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.15% of the stock is currently owned by company insiders.
Honeywell International Trading Down 0.9%
NASDAQ HON opened at $212.50 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The company has a market capitalization of $134.65 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 3.03 and a beta of 0.82. The company’s 50-day simple moving average is $230.45 and its two-hundred day simple moving average is $215.66. Honeywell International Inc. has a one year low of $186.76 and a one year high of $248.18.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the prior year, the company earned $2.21 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Equities analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a yield of 2.2%. Honeywell International’s dividend payout ratio is currently 67.42%.
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.
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