Cary Street Partners Financial LLC Purchases 2,527 Shares of Honeywell International Inc. $HON

Cary Street Partners Financial LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 5.3% during the 4th quarter, Holdings Channel reports. The fund owned 50,610 shares of the conglomerate’s stock after buying an additional 2,527 shares during the period. Cary Street Partners Financial LLC’s holdings in Honeywell International were worth $9,873,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cardinal Capital Management Inc. boosted its holdings in Honeywell International by 6.1% in the fourth quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after acquiring an additional 7,929 shares in the last quarter. Douglas Lane & Associates LLC boosted its holdings in Honeywell International by 56.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after acquiring an additional 26,162 shares in the last quarter. Exencial Wealth Advisors LLC boosted its holdings in Honeywell International by 36.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after acquiring an additional 21,770 shares in the last quarter. First National Trust Co boosted its holdings in Honeywell International by 9.4% in the third quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock worth $16,648,000 after acquiring an additional 6,803 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in Honeywell International by 72.5% in the third quarter. Federated Hermes Inc. now owns 9,663 shares of the conglomerate’s stock worth $2,034,000 after acquiring an additional 4,061 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wells Fargo & Company dropped their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. BNP Paribas Exane raised their target price on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Rothschild & Co Redburn dropped their target price on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. The Goldman Sachs Group dropped their target price on Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Robert W. Baird raised their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Thirteen 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. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average price target of $247.83.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $227.92 on Tuesday. The business’s fifty day simple moving average is $223.52 and its 200 day simple moving average is $216.90. The firm has a market capitalization of $144.42 billion, a P/E ratio of 32.28, a price-to-earnings-growth ratio of 3.26 and a beta of 0.82. Honeywell International Inc. has a 12 month low of $186.76 and a 12 month high of $248.18. 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 (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion for 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%.Honeywell International’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company posted $2.21 earnings per share. 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, analysts anticipate that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is 67.42%.

Honeywell International 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.