Sagespring Wealth Partners LLC Sells 11,324 Shares of Honeywell International Inc. $HON

Sagespring Wealth Partners LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 65.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,861 shares of the conglomerate’s stock after selling 11,324 shares during the period. Sagespring Wealth Partners LLC’s holdings in Honeywell International were worth $1,143,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Holos Integrated Wealth LLC purchased a new stake in Honeywell International in the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC grew its position in shares of Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter valued at $31,000. Howard Hughes Medical Institute bought a new position in shares of Honeywell International in the second quarter worth $33,000. Finally, Cedar Mountain Advisors LLC raised its position in shares of Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after buying an additional 84 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 3.3%

HON opened at $221.50 on Monday. The stock has a market cap of $140.80 billion, a PE ratio of 27.72, a P/E/G ratio of 3.20 and a beta of 0.92. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $248.18. The business’s fifty day simple moving average is $232.35 and its 200 day simple moving average is $212.66.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The business had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.60 billion. During the same quarter last year, the business posted $2.47 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $1.19 dividend. The ex-dividend date was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. Honeywell International’s payout ratio is presently 59.57%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HON shares. Jefferies Financial Group boosted their target price on Honeywell International from $240.00 to $245.00 and gave the stock a “hold” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group upped their target price on Honeywell International from $236.00 to $262.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Royal Bank Of Canada raised their price target on Honeywell International from $249.00 to $268.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Morgan Stanley boosted their price objective on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Finally, Citigroup upped their price objective on shares of Honeywell International from $262.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $251.65.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Honeywell launched an AI tool to predict industrial disruptions, which could strengthen its software/recurring-revenue profile and long-term growth narrative. Honeywell debuts AI tool
• Positive Sentiment: A recent upgrade/recommendation appeared in CNBC’s roundup, signaling some analyst confidence that could support the stock longer term if fundamentals keep improving. CNBC upgrade
• Neutral Sentiment: Honeywell formally announced pricing terms for its debt tender offers (large aggregate caps for Dollar and Euro securities). This is a financing/portfolio-management move rather than an operational update; how markets interpret it depends on perceived cost and timing. Tender offer pricing
• Neutral Sentiment: The company reported early participation results and an upsizing of the Euro tender offer, showing strong bondholder response — an execution detail that reduces outstanding maturities if accepted but increases near-term cash outflow. Early participation & upsizing
• Negative Sentiment: Market reaction: several outlets note the stock fell more than the broader market after the debt tender news — investors appear concerned the moves amount to rolling or refinancing debt rather than reducing leverage, prompting profit-taking. Price-drop coverage
• Negative Sentiment: Commentary and retail-focused coverage framed the tender activity as “rolling over” debt, which can be read as a missed opportunity to de-lever; that narrative likely amplified selling pressure today. Investor reaction analysis

Insider Activity at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,147,917. This trade represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 18,190 shares of company stock valued at $4,244,287. 0.41% of the stock is owned by insiders.

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.