Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Holdings in Honeywell International Inc. $HON

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its stake in Honeywell International Inc. (NASDAQ:HON) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 147,678 shares of the conglomerate’s stock after selling 4,784 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Honeywell International were worth $28,811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Holos Integrated Wealth LLC bought a new position in shares of Honeywell International in the 4th quarter worth about $25,000. Ares Financial Consulting LLC bought a new position in shares of Honeywell International in the 4th quarter worth about $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Honeywell International in the 4th quarter worth about $29,000. JPL Wealth Management LLC bought a new position in shares of Honeywell International in the 3rd quarter worth about $31,000. Finally, Strive Asset Management LLC bought a new position in shares of Honeywell International in the 3rd quarter worth about $33,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Jefferies Financial Group decreased their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. TD Cowen reduced their price target on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Finally, Rothschild & Co Redburn lowered their price target on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $247.29.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $237.86 on Monday. The company has a market capitalization of $150.72 billion, a P/E ratio of 33.69, a P/E/G ratio of 3.40 and a beta of 0.85. 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. The firm’s 50 day simple moving average is $223.60 and its two-hundred day simple moving average is $217.96.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations 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 last year, the business 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. Research analysts expect that Honeywell International Inc. will post 10.53 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.

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.