Bessemer Group Inc. Cuts Stake in Honeywell International Inc. $HON

Bessemer Group Inc. lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 53.3% during the 4th quarter, Holdings Channel reports. The firm owned 277,554 shares of the conglomerate’s stock after selling 316,403 shares during the period. Bessemer Group Inc.’s holdings in Honeywell International were worth $54,148,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC purchased a new stake in Honeywell International during the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International in the fourth quarter worth $26,000. JPL Wealth Management LLC bought a new position in shares of Honeywell International during the third quarter worth $31,000. Strategic Wealth Advisors LLC bought a new position in shares of Honeywell International during the fourth quarter worth $29,000. Finally, Strive Asset Management LLC bought a new position in shares of Honeywell International during the third quarter worth $33,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research reports. BMO Capital Markets assumed coverage on shares of Honeywell International in a research report on Friday, March 27th. They set an “outperform” rating and a $273.00 target price for the company. Wells Fargo & Company cut their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Barclays cut their price objective on Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a research report on Friday, April 24th. Morgan Stanley raised their price objective 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, Robert W. Baird raised their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $248.25.

Honeywell International Stock Performance

NASDAQ HON opened at $213.24 on Friday. The stock has a market capitalization of $135.12 billion, a PE ratio of 30.20, a P/E/G ratio of 3.11 and a beta of 0.82. The business has a 50 day simple moving average of $225.39 and a two-hundred day simple moving average of $216.12. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business 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, research analysts predict that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

Insider Buying and Selling at Honeywell International

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 transaction of $568,080.00. Following the transaction, the director owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.15% of the company’s stock.

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.