Cambridge Investment Research Advisors Inc. Trims Position in Honeywell International Inc. $HON

Cambridge Investment Research Advisors Inc. cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 124,798 shares of the conglomerate’s stock after selling 4,554 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Honeywell International were worth $24,347,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. FSM Wealth Advisors LLC increased its stake 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 valued at $825,000 after buying an additional 46 shares during the period. 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. 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. Finally, Willow Creek Wealth Management Inc. increased its stake in shares of Honeywell International by 2.2% during the third quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after buying an additional 50 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HON. The Goldman Sachs Group reduced their target price on Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reduced their target price on Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Evercore upped their price target on Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Wells Fargo & Company reduced their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $248.25.

Honeywell International Trading Up 1.9%

NASDAQ HON opened at $217.23 on Tuesday. The stock has a market cap of $137.65 billion, a P/E ratio of 30.77, a P/E/G ratio of 3.04 and a beta of 0.82. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a 12 month low of $186.76 and a 12 month high of $248.18. The stock’s fifty day moving average price is $224.96 and its 200-day moving average price is $216.15.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results 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. The firm had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, equities analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders 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 is presently 67.42%.

Insider Activity

In other news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on 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 $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.15% of the stock is currently owned by insiders.

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.