WD Rutherford LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 13.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,064 shares of the conglomerate’s stock after buying an additional 2,563 shares during the quarter. Honeywell International makes up 1.8% of WD Rutherford LLC’s investment portfolio, making the stock its 24th largest holding. WD Rutherford LLC’s holdings in Honeywell International were worth $4,304,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Entrust Financial LLC purchased a new position in Honeywell International in the fourth quarter worth $53,000. Ironwood Investment Counsel LLC boosted its position in Honeywell International by 8.5% in the fourth quarter. Ironwood Investment Counsel LLC now owns 6,101 shares of the conglomerate’s stock worth $1,190,000 after purchasing an additional 480 shares during the last quarter. Wisconsin Capital Management LLC purchased a new position in Honeywell International in the fourth quarter worth $1,388,000. CDM Financial Counseling Services Inc. purchased a new position in Honeywell International in the fourth quarter worth $201,000. Finally, Peak Asset Management LLC boosted its position in Honeywell International by 7.9% in the fourth quarter. Peak Asset Management LLC now owns 2,053 shares of the conglomerate’s stock worth $401,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Wall Street Analysts Forecast Growth
HON has been the topic of several research analyst reports. Morgan Stanley boosted their price objective on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Weiss Ratings lowered Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a research note on Monday, April 27th. JPMorgan Chase & Co. boosted their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, Wolfe Research boosted their target price on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.25.
Insider Buying and Selling at Honeywell International
In related news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.
Honeywell International Stock Performance
NASDAQ:HON opened at $213.24 on Monday. 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 Inc. has a 52-week low of $186.76 and a 52-week high of $248.18. The firm has a market cap of $135.12 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 3.04 and a beta of 0.82. The business’s fifty day moving average is $225.39 and its 200 day moving average is $216.13.
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating 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 company had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. During the same period in the previous year, the company posted $2.21 EPS. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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 predict that Honeywell International Inc. will post 10.54 EPS for the current year.
Honeywell International Announces Dividend
The company also recently disclosed 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. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is currently 67.42%.
Honeywell International 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.
See Also
- Five stocks we like better than Honeywell International
- As U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON – Free Report).
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.
