Honeywell International Inc. $HON Shares Acquired by Conning Inc.

Conning Inc. raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3,096.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 149,432 shares of the conglomerate’s stock after buying an additional 144,757 shares during the period. Conning Inc.’s holdings in Honeywell International were worth $31,455,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Impact Capital Partners LLC grew its holdings in shares of Honeywell International by 6.7% in the 3rd quarter. Impact Capital Partners LLC now owns 9,578 shares of the conglomerate’s stock worth $2,016,000 after acquiring an additional 601 shares during the last quarter. Octavia Wealth Advisors LLC boosted its position in shares of Honeywell International by 11.9% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 1,219 shares of the conglomerate’s stock valued at $257,000 after purchasing an additional 130 shares during the period. Procyon Advisors LLC increased its stake in Honeywell International by 3.1% in the 3rd quarter. Procyon Advisors LLC now owns 5,505 shares of the conglomerate’s stock worth $1,159,000 after purchasing an additional 167 shares in the last quarter. Avantra Family Wealth Inc. increased its stake in Honeywell International by 73.5% in the 3rd quarter. Avantra Family Wealth Inc. now owns 2,473 shares of the conglomerate’s stock worth $521,000 after purchasing an additional 1,048 shares in the last quarter. Finally, Sharp Financial Services LLC acquired a new stake in Honeywell International during the 3rd quarter worth about $200,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.3%

NASDAQ HON opened at $213.04 on Thursday. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $228.04. The company has a current ratio of 1.36, a quick ratio of 1.04 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $135.26 billion, a PE ratio of 22.45, a price-to-earnings-growth ratio of 2.91 and a beta of 0.95. The firm’s fifty day simple moving average is $196.43 and its 200-day simple moving average is $210.33.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The firm had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the firm earned $2.58 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. 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 anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Vertical Research cut shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research report on Monday, January 5th. BNP Paribas Exane initiated coverage on Honeywell International in a report on Wednesday, December 3rd. They issued a “neutral” rating and a $195.00 target price for the company. HSBC decreased their target price on Honeywell International from $290.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, November 11th. Finally, Morgan Stanley reduced their price objective on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 28th. Nine research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $233.90.

Key Stories Impacting Honeywell International

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

• Positive Sentiment: Quantinuum IPO could materially unlock value for HON — analysts and commentators estimate a potential ~$10B valuation for Quantinuum, which would crystallize more than $5B of value for Honeywell’s ~54% stake and reduce the conglomerate discount. This supports the bull case that a spin or IPO lets HON redeploy capital and simplify reporting. Honeywell: I View The Quantinuum IPO As A Decent Capital Raise
• Positive Sentiment: Company confirms Quantinuum will make a confidential submission of a draft S‑1 with the SEC, signalling an active path to IPO and giving investors a clearer timetable for value realization. Multiple outlets report the confidential filing and public comments from Honeywell. HONEYWELL ANNOUNCES QUANTINUUM’S PLAN TO MAKE CONFIDENTIAL SUBMISSION Honeywell announces Quantinuum’s plan to file for IPO (Reuters)
• Positive Sentiment: Analyst support remains — Citi publicly maintained a Buy rating on HON, which can buoy investor confidence even amid target adjustments. Citi Sticks to Their Buy Rating for Honeywell International (HON)
• Neutral Sentiment: Citi/analyst price‑target move: Citigroup cut HON’s price target to $262, which tempers upside expectations even though the buy rating was retained — an important nuance for risk/reward math. Citigroup Lowers Honeywell International Price Target
• Neutral Sentiment: Timing and execution remain uncertain — coverage notes an IPO window of late 2026–2027 and typical SEC/market timing risks; value realization is not immediate. Looking for a new quantum stock? Honeywell plans an IPO of its Quantinuum business.
• Negative Sentiment: Insider selling flagged — recent disclosures show insiders sold roughly $1.5M of HON shares, which some investors interpret as caution from company insiders and can weigh on sentiment near term. Honeywell International Insiders Sold US$1.5m Of Shares

Honeywell International Company 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.