Honeywell International Inc. (NASDAQ:HON) Short Interest Update

Honeywell International Inc. (NASDAQ:HON) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 5,270,670 shares, a decline of 37.4% from the July 30th total of 8,418,114 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average trading volume of 3,253,434 shares, the short-interest ratio is currently 1.6 days.

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth J. West sold 316 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $245.47, for a total value of $77,568.52. Following the transaction, the chief executive officer owned 2,004 shares of the company’s stock, valued at approximately $491,921.88. This trade represents a 13.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.15% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. MADDEN SECURITIES Corp purchased a new stake in shares of Honeywell International during the fourth quarter worth $1,418,000. Valley Wealth Managers Inc. grew its position in shares of Honeywell International by 33.9% in the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after purchasing an additional 28,875 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Honeywell International by 3.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,683,119 shares of the conglomerate’s stock valued at $329,788,000 after purchasing an additional 57,441 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Honeywell International by 2,165.9% during the 4th quarter. International Assets Investment Management LLC now owns 154,741 shares of the conglomerate’s stock valued at $30,188,000 after purchasing an additional 147,912 shares during the period. Finally, AXQ Capital LP raised its stake in shares of Honeywell International by 54.5% during the 4th quarter. AXQ Capital LP now owns 12,862 shares of the conglomerate’s stock valued at $2,509,000 after purchasing an additional 4,536 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

Shares of HON stock traded down $3.55 during trading on Tuesday, hitting $209.98. The company’s stock had a trading volume of 2,344,618 shares, compared to its average volume of 4,100,313. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. The company has a market cap of $66.55 billion, a PE ratio of 8.12, a P/E/G ratio of 4.87 and a beta of 0.89. The business has a fifty day moving average of $230.24 and a 200-day moving average of $228.90. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The business had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.Honeywell International’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.77 earnings per share. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. As a group, research analysts anticipate that Honeywell International will post 8.25 earnings per share for the current year.

Honeywell International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a $0.70 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.3%. Honeywell International’s payout ratio is currently 36.80%.

Analyst Ratings Changes

HON has been the subject of several analyst reports. Royal Bank Of Canada lowered their price objective on Honeywell International from $298.00 to $293.00 and set an “outperform” rating for the company in a research note on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft upped their price target on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Citigroup increased their price target on Honeywell International from $260.00 to $279.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Morgan Stanley raised their price objective on Honeywell International from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Bank of America raised shares of Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $205.00 to $265.00 in a report on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Honeywell International has an average rating of “Hold” and a consensus target price of $254.04.

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.