ING Groep NV Sells 294,179 Shares of Honeywell International Inc. $HON

ING Groep NV reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 20.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,138,835 shares of the conglomerate’s stock after selling 294,179 shares during the period. Honeywell International makes up approximately 1.3% of ING Groep NV’s portfolio, making the stock its 10th biggest holding. ING Groep NV’s holdings in Honeywell International were worth $222,175,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Research Global Investors grew its position in Honeywell International by 1.0% during the 4th quarter. Capital Research Global Investors now owns 4,087,078 shares of the conglomerate’s stock worth $797,351,000 after purchasing an additional 40,121 shares during the period. Capital International Investors grew its position in Honeywell International by 4.7% during the 4th quarter. Capital International Investors now owns 216,615 shares of the conglomerate’s stock worth $42,327,000 after purchasing an additional 9,745 shares during the period. Longfellow Investment Management Co. LLC grew its position in Honeywell International by 14.6% during the 4th quarter. Longfellow Investment Management Co. LLC now owns 5,852 shares of the conglomerate’s stock worth $1,142,000 after purchasing an additional 746 shares during the period. Havemeyer Place LP acquired a new stake in Honeywell International during the 4th quarter worth about $669,000. Finally, MCF Advisors LLC grew its position in Honeywell International by 14.6% during the 4th quarter. MCF Advisors LLC now owns 4,654 shares of the conglomerate’s stock worth $908,000 after purchasing an additional 593 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Down 1.7%

HON stock opened at $213.97 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a 12-month low of $186.76 and a 12-month high of $248.18. The stock has a market cap of $135.58 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 3.06 and a beta of 0.85. The business’s 50-day moving average is $223.71 and its 200 day moving average is $218.71.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same period in the previous year, the firm posted $2.21 EPS. Honeywell International’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. On average, sell-side analysts anticipate that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is 67.42%.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Honeywell set a June 15 record date for the planned spin-off of Honeywell Aerospace, with the distribution expected on June 29; shareholders are expected to receive one share of the new Aerospace company for every two HON shares, and the new stock is expected to trade as HONA. This creates a clearer breakup story that many investors may view as a value-unlocking catalyst. Article title
• Positive Sentiment: Analyst commentary remained constructive, with Goldman Sachs and RBC both reiterating bullish views and raising price targets on Honeywell. Higher targets can support sentiment by signaling Wall Street sees upside from current levels. Article title
• Positive Sentiment: Honeywell’s Building Automation unit showed double-digit revenue growth in Q1, helped by strong demand, rising orders, and data center-related investment. Strong performance in this segment suggests the core business remains healthy ahead of the separation. Article title
• Positive Sentiment: Honeywell Aerospace is being positioned as a stand-alone growth story, with management forecasting strong growth and targets such as $6.5 billion in earnings by 2030. That outlook may be encouraging investors to re-rate the stock over time. Article title
• Neutral Sentiment: Honeywell’s quantum unit Quantinuum completed its IPO and debut, drawing strong attention to the company’s broader portfolio. While the listing highlights value in Honeywell’s assets, the direct impact on HON stock is less immediate because the move is mainly tied to the future spin-off structure. Article title
• Negative Sentiment: Despite the favorable news flow, HON has recently traded lower, suggesting investors may be taking profits or waiting for more clarity on the post-spin structure, reverse stock split, and the near-term earnings impact of the separation process. Article title

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and set a $268.00 target price on shares of Honeywell International in a research report on Thursday. TD Cowen dropped their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Citigroup dropped their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Morgan Stanley raised their target price on Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Thursday, March 12th. Finally, Barclays raised their target price on Honeywell International from $243.00 to $251.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.04.

About Honeywell International

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.