Northwestern Mutual Wealth Management Co. Cuts Stock Position in Honeywell International Inc. $HON

Northwestern Mutual Wealth Management Co. lessened its position in Honeywell International Inc. (NASDAQ:HON) by 47.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,270 shares of the conglomerate’s stock after selling 46,751 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Honeywell International were worth $10,197,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. AustralianSuper Pty Ltd acquired a new position in Honeywell International during the 4th quarter worth $49,767,000. Thrivent Financial for Lutherans grew its stake in Honeywell International by 26.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 749,598 shares of the conglomerate’s stock worth $146,248,000 after purchasing an additional 158,025 shares in the last quarter. Meridian Financial Partners LLC grew its stake in Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock worth $245,000 after purchasing an additional 46 shares in the last quarter. Conning Inc. grew its stake in Honeywell International by 11.6% during the 4th quarter. Conning Inc. now owns 166,746 shares of the conglomerate’s stock worth $32,530,000 after purchasing an additional 17,314 shares in the last quarter. Finally, New York Life Investment Management LLC grew its stake in Honeywell International by 1.0% during the 4th quarter. New York Life Investment Management LLC now owns 87,082 shares of the conglomerate’s stock worth $16,989,000 after purchasing an additional 828 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $268.00 target price on shares of Honeywell International in a research note on Monday, April 27th. Citigroup lowered their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, April 24th. 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 research note on Friday, April 24th. Daiwa Securities Group boosted their target price on Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $247.83.

Honeywell International Trading Up 2.9%

NASDAQ:HON opened at $223.80 on Friday. The stock has a 50-day simple moving average of $223.86 and a 200-day simple moving average of $216.46. The stock has a market cap of $141.81 billion, a P/E ratio of 31.70, a P/E/G ratio of 3.11 and a beta of 0.82. Honeywell International Inc. has a 1 year low of $186.76 and a 1 year high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39.

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, topping the consensus estimate of $2.32 by $0.13. The business 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% compared to the same quarter last year. During the same period 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. As a group, analysts anticipate that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm 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. This represents a $4.76 annualized dividend and a dividend 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%.

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.