Principal Financial Group Inc. Lowers Stake in Honeywell International Inc. $HON

Principal Financial Group Inc. cut its holdings in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 2.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 726,465 shares of the conglomerate’s stock after selling 20,334 shares during the period. Principal Financial Group Inc.’s holdings in Honeywell International were worth $152,921,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after buying an additional 1,582 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after buying an additional 2,629 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of Honeywell International by 6.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 9,966 shares of the conglomerate’s stock valued at $2,321,000 after buying an additional 591 shares in the last quarter. OLD National Bancorp IN grew its stake in Honeywell International by 3.5% in the 2nd quarter. OLD National Bancorp IN now owns 22,279 shares of the conglomerate’s stock valued at $5,188,000 after acquiring an additional 758 shares during the period. Finally, Simplicity Wealth LLC increased its holdings in Honeywell International by 66.0% in the 2nd quarter. Simplicity Wealth LLC now owns 12,836 shares of the conglomerate’s stock worth $2,989,000 after acquiring an additional 5,102 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on HON. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Sanford C. Bernstein set a $255.00 price target on shares of Honeywell International in a research report on Friday, January 16th. Barclays raised their price target on shares of Honeywell International from $250.00 to $259.00 and gave the company an “overweight” rating in a research note on Friday. Rothschild & Co Redburn boosted their price objective on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, JPMorgan Chase & Co. raised their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $243.76.

Get Our Latest Stock Report on Honeywell International

Trending Headlines about Honeywell International

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

  • Positive Sentiment: Multiple broker updates lifted Honeywell price targets (several notable raises to the $235–$273 range), signaling stronger analyst conviction on upside and supporting the stock rally. Price Target Raised to $273 Price Target Raised to $260 Price Target Raised to $268
  • Positive Sentiment: Company news highlights a recent earnings beat and a new one‑year high on that beat — a fundamental driver that underpins higher analyst targets and investor interest. Reaches New 1-Year High on Earnings Beat
  • Positive Sentiment: Honeywell is promoting its SkyShot uncrewed fighter engine in Asia—an expansion of its aerospace/defense pipeline that could drive future military and export revenue. Honeywell eyes Asia with SkyShot
  • Neutral Sentiment: BNP Paribas Exane raised its price target to $215 but left a “neutral” rating — the PT lift is supportive, but the maintained rating tempers bullishness. BNP Paribas adjusts price target
  • Neutral Sentiment: Rothschild & Co Redburn nudged its target to $235 but kept a “neutral” stance — another mixed signal that raises targets without upgrading conviction. Rothschild & Co Redburn adjusts price target
  • Negative Sentiment: Honeywell Automation India reported a quarterly profit slip due to higher costs and a one‑time charge — a negative near‑term result for the India affiliate that could weigh on investor sentiment in regionally linked exposure. Honeywell Automation India profit slips
  • Negative Sentiment: A small institutional holder (Independent Advisor Alliance) trimmed its HON stake — a modest selling signal, though the position reduction appears small versus overall float. Shares sold by Independent Advisor Alliance

Honeywell International Trading Up 0.0%

HON opened at $227.56 on Tuesday. The firm has a market capitalization of $144.48 billion, a price-to-earnings ratio of 28.48, a price-to-earnings-growth ratio of 2.66 and a beta of 0.94. The company’s 50 day simple moving average is $203.26 and its two-hundred day simple moving average is $208.59. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $229.59. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.32 and a quick ratio of 1.05.

Honeywell International (NASDAQ:HONGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.54 by $0.05. The firm had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a return on equity of 40.40% and a net margin of 12.74%.The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.47 earnings per share. Analysts expect that Honeywell International Inc. will post 10.34 EPS 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.

See Also

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

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