NewEdge Wealth LLC Purchases 10,658 Shares of Honeywell International Inc. $HON

NewEdge Wealth LLC increased its position in Honeywell International Inc. (NASDAQ:HON) by 61.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,057 shares of the conglomerate’s stock after purchasing an additional 10,658 shares during the quarter. NewEdge Wealth LLC’s holdings in Honeywell International were worth $5,474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Honeywell International by 145.7% during the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after acquiring an additional 2,629 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after acquiring an additional 1,223 shares during the period. Nebula Research & Development LLC lifted its holdings in shares of Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after acquiring an additional 176 shares during the period. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Honeywell International by 4.4% during the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after acquiring an additional 188 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the sale, the director 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $213.12 on Monday. Honeywell International Inc. has a 12 month low of $186.76 and a 12 month high of $248.18. The company’s 50-day moving average price is $228.68 and its two-hundred day moving average price is $215.95. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The firm has a market cap of $135.04 billion, a P/E ratio of 30.19, a P/E/G ratio of 3.04 and a beta of 0.82.

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. 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 for the quarter, compared to analyst estimates of $9.30 billion. During the same quarter in the prior year, the firm earned $2.21 EPS. The company’s revenue was up 2.4% on a year-over-year basis. 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. As a group, research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed 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 of this dividend 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%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Morgan Stanley lifted their price objective on Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. BMO Capital Markets assumed 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. Argus lifted their price objective on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group cut their price objective on Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $250.00.

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.