Pinnacle Financial Partners Inc Sells 57,370 Shares of Honeywell International Inc. $HON

Pinnacle Financial Partners Inc cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 64.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,172 shares of the conglomerate’s stock after selling 57,370 shares during the period. Pinnacle Financial Partners Inc’s holdings in Honeywell International were worth $6,772,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. TD Cowen cut their price target on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Evercore ISI began coverage on shares of Honeywell International in a research report on Monday, December 15th. They issued an “outperform” rating and a $255.00 price objective on the stock. DZ Bank dropped their target price on Honeywell International from $248.00 to $237.00 in a research report on Tuesday, December 23rd. Finally, The Goldman Sachs Group reduced their price target on Honeywell International from $245.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $236.48.

Honeywell International Stock Up 2.0%

Shares of Honeywell International stock opened at $219.39 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04. The stock has a market cap of $139.29 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 3.04 and a beta of 0.95. The firm’s 50-day moving average is $197.32 and its two-hundred day moving average is $210.07. Honeywell International Inc. has a 1 year low of $169.21 and a 1 year high of $228.04.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share 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 firm had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the company earned $2.58 EPS. The company’s 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. As a group, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

More Honeywell International News

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

• Positive Sentiment: JPMorgan upgraded HON from Neutral to Overweight and raised its price target to $255 (from $218), signaling stronger conviction in Honeywell’s growth trajectory and providing a clear buy-side catalyst. Benzinga
• Neutral Sentiment: Morgan Stanley reiterated a Hold rating on HON, which is neutral for price action — it keeps a large broker on the sidelines rather than adding buying pressure. Morgan Stanley Hold
• Negative Sentiment: Zacks Research trimmed several near‑term and FY2027 EPS estimates for Honeywell (small cuts to Q2 2026, Q1 2027, Q4 2027 and FY2027), signaling modest analyst downward revision risk that can weigh on sentiment if cuts continue. (Zacks reports issued Jan 16–17)
• Negative Sentiment: Royal Bank of Canada published a pessimistic forecast for HON’s share price, which can increase downside pressure from institutional investors monitoring target revisions. RBC Pessimistic Forecast

Honeywell International Company 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.