Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 3.1% during the 4th quarter, HoldingsChannel reports. The firm owned 147,678 shares of the conglomerate’s stock after selling 4,784 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Honeywell International were worth $28,811,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of 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 last quarter. Geode Capital Management LLC increased its position in Honeywell International by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock worth $3,066,520,000 after purchasing an additional 120,929 shares during the last quarter. 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 last quarter. 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 last quarter. Finally, 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 last quarter. Institutional investors own 75.91% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on HON shares. Weiss Ratings downgraded shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. BNP Paribas Exane increased their target price on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. TD Cowen reduced their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Wolfe Research reissued an “outperform” rating and issued a $275.00 target price on shares of Honeywell International in a research note on Friday. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a research note on Monday, April 27th. Thirteen equities 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $247.29.
Honeywell International Price Performance
Shares of HON opened at $237.86 on Monday. The firm has a market capitalization of $150.72 billion, a P/E ratio of 33.69, a P/E/G ratio of 3.40 and a beta of 0.85. Honeywell International Inc. has a 12-month low of $186.76 and a 12-month high of $248.18. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The firm has a fifty day moving average price of $223.60 and a 200-day moving average price of $217.96.
Honeywell International (NASDAQ:HON – Get Free Report) last issued its 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 during the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities research analysts expect that Honeywell International Inc. will post 10.53 earnings per share for the current year.
Honeywell International Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s 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.
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