Tableaux LLC Invests $1.09 Million in Honeywell International Inc. $HON

Tableaux LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,176 shares of the conglomerate’s stock, valued at approximately $1,090,000.

Other hedge funds also recently bought and sold shares of the company. Summit Wealth Group LLC lifted its stake in Honeywell International by 4.3% in the 2nd quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate’s stock worth $260,000 after purchasing an additional 46 shares in the last quarter. Nova R Wealth Inc. increased its holdings in shares of Honeywell International by 3.0% in the third quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after purchasing an additional 47 shares during the period. Wealth Management Associates Inc. raised its position in shares of Honeywell International by 4.2% in the second quarter. Wealth Management Associates Inc. now owns 1,268 shares of the conglomerate’s stock worth $295,000 after buying an additional 51 shares in the last quarter. Hills Bank & Trust Co raised its position in shares of Honeywell International by 0.5% in the second quarter. Hills Bank & Trust Co now owns 10,775 shares of the conglomerate’s stock worth $2,509,000 after buying an additional 51 shares in the last quarter. Finally, Mather Group LLC. boosted its stake in Honeywell International by 0.6% during the third quarter. Mather Group LLC. now owns 8,616 shares of the conglomerate’s stock valued at $1,814,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $243.61 on Wednesday. The company has a market capitalization of $154.86 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 3.52 and a beta of 0.94. The business has a 50 day moving average of $218.49 and a 200 day moving average of $210.30. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $246.00.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. The firm had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $2.47 earnings per share. On average, sell-side analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $1.19 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.0%. Honeywell International’s payout ratio is currently 59.57%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the sale, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This represents a 52.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,190 shares of company stock valued at $4,244,287 over the last three months. 0.41% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their target price on Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Daiwa Securities Group boosted their price objective on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Wall Street Zen upgraded shares of Honeywell International to a “hold” rating in a research report on Saturday, January 3rd. Rothschild & Co Redburn lifted their target price on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Honeywell International in a research note on Monday, December 29th. Eleven investment 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. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average price target of $247.50.

More Honeywell International News

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Honeywell entered an amended agreement to buy Johnson Matthey’s Catalyst Technologies business at a lower price (~£1.325bn), and the long-stop date was extended — this reduces Honeywell’s cash outlay and improves the deal’s economics. Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey’s Catalyst Technologies Business
• Positive Sentiment: Multiple outlets report the Johnson Matthey sale price was cut (from ~£1.8bn to ~£1.33–1.8bn converted), effectively giving Honeywell a ~26% discount on the previously agreed deal — a near-term cost benefit for HON. Johnson Matthey agrees reduced $1.8 billion sale of catalyst division to Honeywell
• Positive Sentiment: Goldman Sachs bumped its Honeywell price target to $262 and kept a Buy rating — analyst support can attract flows and validate the stock’s upside narrative. Goldman Sachs adjusts PT on Honeywell International to $262
• Neutral Sentiment: Market/technical momentum: reports highlighted HON hitting an all-time high recently, reflecting positive price action and investor enthusiasm that can reinforce further buying. Honeywell International stock hits all-time high
• Neutral Sentiment: Longer-term market tailwinds: a report on the growing Home Energy Management System (HEMS) market suggests structural demand for smart building and energy-efficiency products, an end-market that aligns with Honeywell’s portfolio but is not an immediate catalyst. Home Energy Management System Market Company Analysis
• Negative Sentiment: An officer/director sold ~$568k of HON stock — insider sales can be read negatively by some investors, though the size is small relative to Honeywell’s market cap. Honeywell Director Sells $568,080.00 in Stock

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.