Choate Investment Advisors Sells 4,532 Shares of Honeywell International Inc. $HON

Choate Investment Advisors reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 29.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,006 shares of the conglomerate’s stock after selling 4,532 shares during the period. Choate Investment Advisors’ holdings in Honeywell International were worth $2,147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Holos Integrated Wealth LLC acquired a new position in Honeywell International in the 4th quarter worth about $25,000. Ares Financial Consulting LLC acquired a new position in Honeywell International in the 4th quarter worth about $26,000. Strategic Wealth Advisors LLC acquired a new position in Honeywell International in the 4th quarter worth about $29,000. JPL Wealth Management LLC acquired a new position in Honeywell International in the 3rd quarter worth about $31,000. Finally, Strive Asset Management LLC acquired a new position in Honeywell International in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a report on Monday, April 27th. Morgan Stanley upped their target price on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. TD Cowen lowered their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a report on Friday, April 24th. BMO Capital Markets assumed coverage on Honeywell International in a report on Friday, March 27th. They issued an “outperform” rating and a $273.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $247.83.

Honeywell International Stock Performance

Shares of HON stock opened at $227.92 on Tuesday. The stock has a market cap of $144.42 billion, a price-to-earnings ratio of 32.28, a PEG ratio of 3.26 and a beta of 0.82. The stock has a 50-day moving average of $223.52 and a 200-day moving average of $216.90. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.21 earnings per share. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid a $1.19 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. Honeywell International’s dividend payout ratio is presently 67.42%.

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.