AlphaQuest LLC Has $2.50 Million Holdings in Honeywell International Inc. $HON

AlphaQuest LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 21.9% in the 4th quarter, HoldingsChannel reports. The fund owned 12,819 shares of the conglomerate’s stock after selling 3,602 shares during the quarter. AlphaQuest LLC’s holdings in Honeywell International were worth $2,501,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of HON. Cary Street Partners Investment Advisory LLC boosted its position in shares of Honeywell International by 3.0% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,084 shares of the conglomerate’s stock valued at $407,000 after acquiring an additional 61 shares during the period. Smithfield Trust Co lifted its position in Honeywell International by 1.6% during the fourth quarter. Smithfield Trust Co now owns 10,646 shares of the conglomerate’s stock worth $2,079,000 after purchasing an additional 166 shares during the period. Bleakley Financial Group LLC lifted its position in Honeywell International by 2.7% during the fourth quarter. Bleakley Financial Group LLC now owns 34,529 shares of the conglomerate’s stock worth $6,736,000 after purchasing an additional 900 shares during the period. Cary Street Partners Financial LLC lifted its position in Honeywell International by 5.3% during the fourth quarter. Cary Street Partners Financial LLC now owns 50,610 shares of the conglomerate’s stock worth $9,873,000 after purchasing an additional 2,527 shares during the period. Finally, Themes Management Co LLC bought a new stake in Honeywell International during the fourth quarter worth about $3,514,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HON shares. Weiss Ratings cut shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Rothschild & Co Redburn dropped their target price on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Barclays dropped their target price on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Argus increased their target price on shares of Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Thirteen 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $247.83.

Honeywell International Stock Performance

Honeywell International stock opened at $231.72 on Wednesday. The company has a market capitalization of $146.83 billion, a P/E ratio of 32.82, a P/E/G ratio of 3.26 and a beta of 0.82. The business has a 50 day moving average of $223.46 and a 200-day moving average of $217.14. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. Honeywell International Inc. has a 1 year low of $186.76 and a 1 year high of $248.18.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.21 EPS. 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 predict that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be given a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio is currently 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.