Saratoga Research & Investment Management Raises Stake in Honeywell International Inc. $HON

Saratoga Research & Investment Management raised its stake in Honeywell International Inc. (NASDAQ:HON) by 65.8% in the fourth quarter, HoldingsChannel reports. The fund owned 139,685 shares of the conglomerate’s stock after purchasing an additional 55,459 shares during the period. Honeywell International accounts for approximately 1.4% of Saratoga Research & Investment Management’s investment portfolio, making the stock its 22nd largest holding. Saratoga Research & Investment Management’s holdings in Honeywell International were worth $27,251,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Holos Integrated Wealth LLC acquired a new position in Honeywell International in the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in Honeywell International in the fourth quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new position in Honeywell International in the fourth quarter valued at approximately $29,000. JPL Wealth Management LLC acquired a new position in Honeywell International in the third quarter valued at approximately $31,000. Finally, Strive Asset Management LLC acquired a new position in Honeywell International in the third quarter valued at approximately $33,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Down 2.1%

Shares of HON stock opened at $213.24 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. The company has a market cap of $135.12 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 3.04 and a beta of 0.82. The stock has a 50 day simple moving average of $225.39 and a 200-day simple moving average of $216.12. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18.

Honeywell International (NASDAQ:HON) last announced its 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. The business had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.21 EPS. 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. On average, equities research analysts expect that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio is presently 67.42%.

Insider Buying and Selling at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Daiwa Securities Group boosted their price target on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. JPMorgan Chase & Co. boosted their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. BNP Paribas Exane boosted their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Weiss Ratings downgraded Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Finally, Argus boosted their price target on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.25.

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.