RiverFront Investment Group LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 89.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,706 shares of the conglomerate’s stock after acquiring an additional 6,455 shares during the quarter. RiverFront Investment Group LLC’s holdings in Honeywell International were worth $2,674,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the business. FSM Wealth Advisors LLC boosted its holdings in Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after acquiring an additional 46 shares during the period. Meridian Financial Partners LLC boosted its holdings in Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after acquiring an additional 46 shares during the period. Facet Wealth Inc. boosted its holdings in Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after acquiring an additional 47 shares during the period. EPG Wealth Management LLC boosted its holdings in Honeywell International by 0.5% during the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock valued at $1,960,000 after acquiring an additional 49 shares during the period. Finally, Willow Creek Wealth Management Inc. boosted its holdings in Honeywell International by 2.2% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Citigroup decreased their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, April 24th. JPMorgan Chase & Co. lifted 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. Deutsche Bank Aktiengesellschaft decreased their target price on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday. Weiss Ratings lowered Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Finally, Wolfe Research lifted their target price on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $248.25.
Honeywell International Stock Performance
Shares of NASDAQ HON opened at $213.24 on Monday. The firm has a market cap of $135.12 billion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 3.04 and a beta of 0.82. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a twelve month low of $186.76 and a twelve month high of $248.18. The business has a fifty day simple moving average of $225.39 and a two-hundred day simple moving average of $216.13.
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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. Analysts expect that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.
Honeywell International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a $1.19 dividend. 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 payout ratio is presently 67.42%.
Insider Activity at Honeywell International
In other news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction 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 completion of the transaction, the director directly 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 legal filing with the SEC, which is accessible through this link. 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.
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