HighTower Advisors LLC Has $76.82 Million Holdings in Honeywell International Inc. $HON

HighTower Advisors LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 5.3% during the fourth quarter, Holdings Channel reports. The fund owned 393,741 shares of the conglomerate’s stock after selling 22,031 shares during the period. HighTower Advisors LLC’s holdings in Honeywell International were worth $76,815,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cardinal Capital Management Inc. increased its stake in shares of Honeywell International by 6.1% in the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock valued at $27,064,000 after buying an additional 7,929 shares during the period. Douglas Lane & Associates LLC boosted its stake in shares of Honeywell International by 56.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock valued at $14,199,000 after purchasing an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC boosted its stake in shares of Honeywell International by 36.6% in the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock valued at $15,844,000 after purchasing an additional 21,770 shares during the last quarter. First National Trust Co boosted its stake in shares of Honeywell International by 9.4% in the 3rd quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock valued at $16,648,000 after purchasing an additional 6,803 shares during the last quarter. Finally, Lockheed Martin Investment Management Co. acquired a new position in Honeywell International in the third quarter valued at approximately $4,147,000. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HON shares. Argus increased their price objective on shares of Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. BMO Capital Markets started coverage on shares of Honeywell International in a report on Friday, March 27th. They issued an “outperform” rating and a $273.00 price objective on the stock. Rothschild & Co Redburn increased their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a $268.00 price objective on shares of Honeywell International in a report on Monday, April 27th. Finally, Morgan Stanley increased their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $248.25.

Honeywell International Price Performance

Shares of HON opened at $217.39 on Thursday. Honeywell International Inc. has a 1 year low of $186.76 and a 1 year high of $248.18. The stock has a market cap of $137.75 billion, a P/E ratio of 30.79, a price-to-earnings-growth ratio of 3.10 and a beta of 0.82. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The stock’s 50-day moving average price is $224.20 and its two-hundred day moving average price is $216.30.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same quarter in the previous year, the business earned $2.21 EPS. The firm’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. On average, equities analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared 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 of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. Honeywell International’s payout ratio is 67.42%.

Honeywell International Company 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.