Easterly Investment Partners LLC lifted its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 103.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 32,151 shares of the conglomerate’s stock after buying an additional 16,358 shares during the quarter. Easterly Investment Partners LLC’s holdings in Honeywell International were worth $6,272,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. FSM Wealth Advisors LLC increased its position in Honeywell International by 1.1% in the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after purchasing an additional 46 shares during the last quarter. Meridian Financial Partners LLC increased its position in Honeywell International by 3.8% in the fourth quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock worth $245,000 after purchasing an additional 46 shares during the last quarter. Facet Wealth Inc. increased its position in Honeywell International by 3.6% in the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after purchasing an additional 47 shares during the last quarter. EPG Wealth Management LLC increased its position in Honeywell International by 0.5% in the fourth quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock worth $1,960,000 after purchasing an additional 49 shares during the last quarter. Finally, Willow Creek Wealth Management Inc. lifted its holdings in shares of Honeywell International by 2.2% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock worth $490,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Analysts Set New Price Targets
HON has been the topic of several recent research reports. Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of Honeywell International in a report on Friday. Morgan Stanley increased their target price on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. BNP Paribas Exane increased their target price on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $268.00 target price on shares of Honeywell International in a report on Monday, April 27th. Finally, Wells Fargo & Company dropped their target price on shares of 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 investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $247.29.
Honeywell International Stock Performance
Shares of Honeywell International stock opened at $237.86 on Monday. The firm has a market capitalization of $150.72 billion, a P/E ratio of 33.69, a PEG ratio of 3.40 and a beta of 0.85. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The company has a 50 day moving average price of $223.60 and a 200 day moving average price of $217.96. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating 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 net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s revenue was up 2.4% on a year-over-year basis. During the same period last year, the firm 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 expect that Honeywell International Inc. will post 10.53 EPS for the current year.
Honeywell International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.
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.
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