Gallacher Capital Management LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 2,768 shares of the conglomerate’s stock, valued at approximately $583,000.
Other institutional investors have also added to or reduced their stakes in the company. RMG Wealth Management LLC bought a new stake in Honeywell International during the second quarter worth $33,000. Howard Hughes Medical Institute purchased a new stake in shares of Honeywell International during the 2nd quarter valued at $33,000. Activest Wealth Management raised its stake in shares of Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 115 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after buying an additional 118 shares during the last quarter. Finally, Cedar Mountain Advisors LLC grew its position in Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares during the period. 75.91% of the stock is owned by institutional investors.
Honeywell International News Summary
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Jefferies and Daiwa raised their price targets to $240, signaling renewed analyst conviction that can support short‑term buying momentum. Read More. Read More.
- Positive Sentiment: Major houses (example: RBC and Deutsche Bank) have raised targets into the high‑$200s, reinforcing a consensus bullish tilt that attracts institutional and momentum buyers. Read More.
- Positive Sentiment: Honeywell announced participation at upcoming investor conferences — management visibility with investors typically helps sustain momentum and can lead to incremental flows. Read More.
- Positive Sentiment: Multiple bullish writeups and a summarized bull thesis circulated (InsiderMonkey, MSN), which can influence retail and independent investors. Read More. Read More.
- Neutral Sentiment: Rothschild & Co Redburn raised its target to $235 but maintained a neutral rating — a modest signal that may have limited directional impact compared with outright buy upgrades. Read More.
- Neutral Sentiment: Region/unit‑level noise: Honeywell Automation India reported a profit slip tied to higher costs / a one‑time charge — likely isolated to the India‑listed unit rather than Honeywell’s consolidated results. Read More.
- Negative Sentiment: Insider selling — VP Robert D. Mailloux sold 10,549 shares (large reduction in his holding). While insider sales can be for personal reasons, markets often view sizable disposals as a negative signal. Read More.
- Negative Sentiment: Critical analysis flagged unattractive return trends at Honeywell; that commentary can weigh on value‑focused investors and temper enthusiasm among income/value funds. Read More.
- Negative Sentiment: Some analysts still show lower targets (example: BNP Paribas’ $215), which could blunt upside for investors who track consensus target risk. Read More.
Honeywell International Price Performance
Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 40.40% and a net margin of 12.74%.The business had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter in the prior year, the firm posted $2.47 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.
Insider Activity
In other news, VP Robert D. Mailloux sold 10,549 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. HSBC lowered their price objective on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. Daiwa Capital Markets lifted their price target on shares of Honeywell International from $230.00 to $240.00 in a report on Tuesday. Mizuho dropped their price objective on Honeywell International from $250.00 to $240.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Wells Fargo & Company raised their target price on Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Friday, January 30th. Finally, TD Cowen dropped their price target on Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Eleven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $244.50.
Check Out Our Latest Analysis on HON
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.
See Also
- Five stocks we like better than Honeywell International
- The day the gold market broke
- Buy this Gold Stock Before May 2026
- Forget AI, This Will Be the Next Big Tech Breakthrough
- Trump Planning to Use Public Law 63-43: Prepare Now
- New gold price target
Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON – Free Report).
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.
