iA Global Asset Management Inc. grew its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 7.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 78,936 shares of the conglomerate’s stock after buying an additional 5,414 shares during the period. iA Global Asset Management Inc.’s holdings in Honeywell International were worth $15,400,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in HON. FSM Wealth Advisors LLC lifted its holdings in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after buying an additional 46 shares during the period. Meridian Financial Partners LLC lifted its holdings in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after buying an additional 46 shares during the period. Facet Wealth Inc. lifted its holdings in shares of Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after buying an additional 47 shares during the period. EPG Wealth Management LLC lifted its holdings in shares of Honeywell International by 0.5% during the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock valued at $1,960,000 after buying an additional 49 shares during the period. Finally, Willow Creek Wealth Management Inc. lifted its holdings in shares of Honeywell International by 2.2% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.
Insider Activity at Honeywell International
In other news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.15% of the stock is owned by company insiders.
Honeywell International Trading Down 2.1%
Honeywell International (NASDAQ:HON – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate of $2.32 by $0.13. The firm had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.Honeywell International’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.21 EPS. 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. Sell-side analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current year.
Honeywell International Announces Dividend
The business 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. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, May 15th. Honeywell International’s dividend payout ratio is 67.42%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on HON. Wolfe Research increased their price target on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Morgan Stanley increased their price target on Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. Citigroup lowered their price target on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, April 24th. BNP Paribas Exane increased their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Finally, Wells Fargo & Company lowered their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.25.
View Our Latest Research Report on HON
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.
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