Bowen Hanes & Co. Inc. Sells 2,258 Shares of Honeywell International Inc. $HON

Bowen Hanes & Co. Inc. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,773 shares of the conglomerate’s stock after selling 2,258 shares during the quarter. Bowen Hanes & Co. Inc.’s holdings in Honeywell International were worth $9,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. FSM Wealth Advisors LLC lifted its position in shares of Honeywell International by 1.1% during the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after purchasing an additional 46 shares during the last quarter. Meridian Financial Partners LLC increased its stake in shares of Honeywell International by 3.8% during the fourth quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after buying an additional 46 shares during the period. Facet Wealth Inc. increased its stake in shares of Honeywell International by 3.6% during the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after buying an additional 47 shares during the period. Kesler Norman & Wride LLC increased its stake in shares of Honeywell International by 0.5% during the fourth quarter. Kesler Norman & Wride LLC now owns 9,455 shares of the conglomerate’s stock valued at $1,845,000 after buying an additional 47 shares during the period. Finally, EPG Wealth Management LLC increased its stake in shares of Honeywell International by 0.5% during the fourth quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock valued at $1,960,000 after buying an additional 49 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

Shares of HON stock opened at $223.26 on Thursday. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The firm has a market capitalization of $141.47 billion, a price-to-earnings ratio of 31.62, a PEG ratio of 3.36 and a beta of 0.85. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The stock’s 50-day simple moving average is $224.03 and its 200-day simple moving average is $218.61.

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, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. During the same quarter in the previous year, the firm earned $2.21 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. 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, equities analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $1.19 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s payout ratio is 67.42%.

Analysts Set New Price Targets

Several brokerages have recently commented on HON. Argus raised their price target on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. TD Cowen cut their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Citigroup cut their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Morgan Stanley lifted their target price on Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a research note on Monday, April 27th. 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.04.

Honeywell International News Roundup

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Goldman Sachs raised its price target on Honeywell International to $276 from $258 and kept a buy rating, signaling confidence in the stock’s valuation and outlook. Goldman Sachs price target update
• Positive Sentiment: Honeywell’s Quantinuum quantum computing unit raised $1.68 billion in its U.S. IPO, which could crystallize value for HON shareholders and highlight strength in a high-growth asset. Quantinuum IPO Reuters article
• Positive Sentiment: Honeywell Aerospace held an investor day ahead of its planned spin-off and outlined long-term growth targets, including expectations for strong earnings growth and improved capital allocation after separation. Honeywell Aerospace growth outlook
• Positive Sentiment: Analyst commentary and recent coverage suggest the restructuring could unlock value by making Honeywell more focused and easier for investors to value. HON valuation and spinoff analysis
• Neutral Sentiment: Honeywell also announced an independent director appointment to support its portfolio transformation, reinforcing that the company is still executing on its broader restructuring plan. Independent director announcement
• Negative Sentiment: Some market commentary remains skeptical that Honeywell Aerospace will fully deliver the growth investors want after the spinoff, which may be weighing on sentiment in the near term. Barron’s commentary on Honeywell Aerospace

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.