CORDA Investment Management LLC. Has $19.97 Million Stock Holdings in Honeywell International Inc. $HON

CORDA Investment Management LLC. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 102,377 shares of the conglomerate’s stock after buying an additional 3,366 shares during the quarter. CORDA Investment Management LLC.’s holdings in Honeywell International were worth $19,973,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Honeywell International by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the period. Franklin Resources Inc. increased its position in Honeywell International by 28.8% in the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the period. Invesco Ltd. increased its position in Honeywell International by 11.0% in the third quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate’s stock worth $1,287,408,000 after purchasing an additional 605,600 shares during the period. Unisphere Establishment increased its position in Honeywell International by 5.4% in the third quarter. Unisphere Establishment now owns 4,215,000 shares of the conglomerate’s stock worth $887,258,000 after purchasing an additional 215,000 shares during the period. Finally, SG Americas Securities LLC increased its position in Honeywell International by 15,459.1% in the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after purchasing an additional 4,031,879 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HON. BNP Paribas Exane lifted their price objective on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft raised their target price on Honeywell International from $273.00 to $292.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Morgan Stanley raised 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. Wells Fargo & Company reduced their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised 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 research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $250.00.

Honeywell International Trading Down 0.4%

NASDAQ:HON opened at $216.07 on Friday. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. The stock has a market capitalization of $136.91 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 3.10 and a beta of 0.82. The business’s 50-day simple moving average is $228.68 and its 200-day simple moving average is $215.95.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data 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. 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 analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the business posted $2.21 EPS. Honeywell International’s revenue for the quarter 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. Sell-side analysts expect that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal 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 paid a $1.19 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.2%. Honeywell International’s payout ratio is presently 67.42%.

Insider Buying and Selling

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.15% of the company’s stock.

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.