Sun Financial Inc Invests $524,000 in Honeywell International Inc. $HON

Sun Financial Inc acquired a new position in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,684 shares of the conglomerate’s stock, valued at approximately $524,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HON. Holos Integrated Wealth LLC bought a new stake in Honeywell International in the 4th quarter valued at about $25,000. Ares Financial Consulting LLC bought a new stake in Honeywell International in the 4th quarter valued at about $26,000. Barnes Dennig Private Wealth Management LLC increased its position in Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after buying an additional 118 shares in the last quarter. JPL Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at about $31,000. Finally, Cedar Mountain Advisors LLC increased its position in Honeywell International by 116.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director D Scott Davis sold 2,367 shares of the business’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 value of $568,080.00. Following the transaction, the director owned 31,081 shares in the company, valued at $7,459,440. The trade was a 7.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president owned 4,803 shares in the company, valued at $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 owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on HON. JPMorgan Chase & Co. boosted their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Argus boosted their target price on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Robert W. Baird boosted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Evercore boosted their target price on Honeywell International from $255.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Finally, BMO Capital Markets initiated coverage on Honeywell International in a report on Friday, March 27th. They set an “outperform” rating and a $273.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and a consensus target price of $250.00.

Honeywell International Stock Performance

Shares of HON opened at $212.50 on Monday. 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 stock has a 50 day moving average price of $230.45 and a two-hundred day moving average price of $215.71. The firm has a market capitalization of $134.65 billion, a P/E ratio of 30.10, a P/E/G ratio of 3.03 and a beta of 0.82. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. The firm had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous 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. Equities analysts forecast that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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 $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.

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.