DAVENPORT & Co LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,595 shares of the conglomerate’s stock after selling 11,698 shares during the quarter. DAVENPORT & Co LLC’s holdings in Honeywell International were worth $18,259,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of HON. Holos Integrated Wealth LLC acquired a new stake in Honeywell International in the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Honeywell International by 491.7% during the third 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 during the period. JPL Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at about $31,000. Howard Hughes Medical Institute bought a new position in shares of Honeywell International during the 2nd quarter worth about $33,000. Finally, Cedar Mountain Advisors LLC grew its stake in shares of Honeywell International by 116.7% in the 3rd 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. Institutional investors and hedge funds own 75.91% of the company’s stock.
Insider Activity at Honeywell International
In related news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Robert D. Mailloux sold 10,549 shares of the stock in a transaction 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 sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 18,190 shares of company stock worth $4,244,287. 0.20% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Key Headlines Impacting Honeywell International
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Signed a supplier framework with the U.S. Department of War that includes a multi‑year commitment and a $500 million investment to upgrade Honeywell Aerospace production capacity — a direct boost to defense revenue visibility and backlog. HONEYWELL AEROSPACE, DEPARTMENT OF WAR SIGN GROUNDBREAKING AGREEMENT TO ACCELERATE PRODUCTION OF DEFENSE TECHNOLOGIES
- Positive Sentiment: Joined Lockheed Martin in framework deals to accelerate missile and defense tech output — signal of deeper government partnerships and higher production cadence for aerospace/defense components. Lockheed, Honeywell Sign Framework Deals to Accelerate Missile, Defense Tech Output
- Positive Sentiment: Expanded and reported early participation in an upsized US$4.67B cash tender to retire selected dollar and euro notes — reduces outstanding debt, reshapes the debt maturity profile and demonstrates active balance‑sheet management. Will Honeywell’s Upsized US$4.67 Billion Debt Tender Change Honeywell International’s (HON) Narrative?
- Positive Sentiment: Analyst/market commentary is increasingly constructive on Honeywell as a value play and on potential strategic moves (spin/separation of aerospace business) that could unlock shareholder value. Honeywell: The Premier Value Play In Industrials At A Discount
- Positive Sentiment: Coverage noting a planned aerospace/industrial split as a long‑term catalyst (could improve focus, cash flow and M&A flexibility). Honeywell Splits to Enhance Focus With 2 Pureplay Businesses
- Neutral Sentiment: CEO Vimal Kapur emphasized continued emphasis on automation and physical AI but said “human intervention” remains necessary — reassures investors about a measured, risk‑aware approach to AI deployment rather than aggressive tech pivot. AI: This CEO believes ‘human intervention’ is still necessary
- Negative Sentiment: Short interest rose earlier in March (about 9.06M shares as of Mar. 13, ~1.4% of float, ~2.2 days to cover) — a sign of some bearish positioning that could add volatility on mixed news or weaker results.
Honeywell International Trading Up 1.9%
HON opened at $225.79 on Thursday. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The firm has a market capitalization of $143.53 billion, a PE ratio of 28.26, a P/E/G ratio of 3.21 and a beta of 0.92. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The company’s 50-day moving average is $233.11 and its 200 day moving average is $212.85.
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The business had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.47 EPS. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a dividend of $1.19 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. Honeywell International’s payout ratio is presently 59.57%.
Honeywell International 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.
Further Reading
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