Pinnacle Financial Partners Inc Lowers Stock Position in Honeywell International Inc. $HON

Pinnacle Financial Partners Inc cut its holdings in Honeywell International Inc. (NASDAQ:HONFree Report) by 64.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,172 shares of the conglomerate’s stock after selling 57,370 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Honeywell International were worth $6,772,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its stake in Honeywell International by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,777,498 shares of the conglomerate’s stock valued at $1,578,344,000 after purchasing an additional 48,968 shares during the last quarter. Unisphere Establishment lifted its holdings in shares of Honeywell International by 8.1% during the second quarter. Unisphere Establishment now owns 4,000,000 shares of the conglomerate’s stock valued at $931,520,000 after purchasing an additional 300,000 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Honeywell International by 3.9% during the second quarter. Legal & General Group Plc now owns 3,725,789 shares of the conglomerate’s stock valued at $867,663,000 after purchasing an additional 138,235 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of Honeywell International by 23,503.0% during the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock valued at $865,506,000 after buying an additional 3,700,786 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Honeywell International by 9.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,915,387 shares of the conglomerate’s stock worth $678,935,000 after buying an additional 263,043 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Key Headlines Impacting Honeywell International

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

  • Positive Sentiment: JPMorgan upgraded HON from Neutral to Overweight and raised its price target to $255 (from $218), signaling stronger conviction in Honeywell’s growth trajectory and providing a clear buy-side catalyst. Benzinga
  • Neutral Sentiment: Morgan Stanley reiterated a Hold rating on HON, which is neutral for price action — it keeps a large broker on the sidelines rather than adding buying pressure. Morgan Stanley Hold
  • Negative Sentiment: Zacks Research trimmed several near‑term and FY2027 EPS estimates for Honeywell (small cuts to Q2 2026, Q1 2027, Q4 2027 and FY2027), signaling modest analyst downward revision risk that can weigh on sentiment if cuts continue. (Zacks reports issued Jan 16–17)
  • Negative Sentiment: Royal Bank of Canada published a pessimistic forecast for HON’s share price, which can increase downside pressure from institutional investors monitoring target revisions. RBC Pessimistic Forecast

Analyst Upgrades and Downgrades

HON has been the subject of several research reports. JPMorgan Chase & Co. raised shares of Honeywell International from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $218.00 to $255.00 in a report on Friday. Argus decreased their target price on shares of Honeywell International from $250.00 to $225.00 in a research note on Friday, November 14th. Vertical Research cut Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a report on Monday, January 5th. Jefferies Financial Group cut their price objective on Honeywell International from $230.00 to $220.00 in a report on Monday, November 3rd. Finally, Wells Fargo & Company reduced their price objective on Honeywell International from $218.00 to $215.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $236.48.

Check Out Our Latest Stock Report on Honeywell International

Honeywell International Stock Performance

HON opened at $219.39 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36. The stock has a market capitalization of $139.29 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 3.04 and a beta of 0.95. The company has a fifty day moving average of $197.32 and a 200 day moving average of $210.07. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $228.04.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The business had revenue of $10.41 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the previous year, the company earned $2.58 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. As a group, sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

About Honeywell International

(Free Report)

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.

Read More

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONFree Report).

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.