Midwest Financial Partners Investments Inc. Makes New $1.16 Million Investment in Honeywell International Inc. $HON

Midwest Financial Partners Investments Inc. purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, HoldingsChannel reports. The firm purchased 5,931 shares of the conglomerate’s stock, valued at approximately $1,157,000.

Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in Honeywell International by 15,459.1% during the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after purchasing an additional 4,031,879 shares during the period. Franklin Resources Inc. boosted its position in Honeywell International by 28.8% during the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the period. Marshall Wace LLP boosted its position in Honeywell International by 130.0% during the third quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock worth $388,379,000 after purchasing an additional 1,042,972 shares during the period. Vanguard Group Inc. boosted its position in Honeywell International by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the period. Finally, Two Sigma Investments LP boosted its position in Honeywell International by 424.3% during the third quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock worth $242,865,000 after purchasing an additional 933,694 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $223.80 on Friday. The company has a 50 day moving average of $223.86 and a 200-day moving average of $216.46. The company has a market cap of $141.81 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 3.11 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. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the firm posted $2.21 earnings per share. The company’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. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid 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 2.1%. Honeywell International’s dividend payout ratio is currently 67.42%.

Analysts Set New Price Targets

A number of research firms have commented on HON. BNP Paribas Exane lifted their price objective on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. The Goldman Sachs Group reduced their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft decreased their target price on Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Wells Fargo & Company decreased their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Finally, Wolfe Research upped 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $247.83.

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.