Profund Advisors LLC raised its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 59,781 shares of the conglomerate’s stock after acquiring an additional 3,166 shares during the period. Profund Advisors LLC’s holdings in Honeywell International were worth $11,663,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Honeywell International by 145.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after purchasing an additional 2,629 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of Honeywell International by 18.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after purchasing an additional 1,223 shares during the period. Nebula Research & Development LLC lifted its holdings in shares of Honeywell International by 3.1% in the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Honeywell International by 4.4% in the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after purchasing an additional 188 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.
Insiders Place Their Bets
In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction that occurred 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 sale, the director owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by company insiders.
Honeywell International Trading Up 1.9%
Honeywell International (NASDAQ:HON – Get Free Report) last issued 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. The business had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.21 earnings per share. 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. Equities research analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.
Honeywell International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a yield of 2.2%. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a research report on Monday, April 27th. Jefferies Financial Group decreased their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. BNP Paribas Exane lifted their price objective on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Argus increased their target price on shares of Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Finally, TD Cowen decreased their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research 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 company. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $248.25.
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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