Nilsine Partners LLC Takes $783,000 Position in Honeywell International Inc. $HON

Nilsine Partners LLC acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,059 shares of the conglomerate’s stock, valued at approximately $783,000.

Other institutional investors have also recently modified their holdings of the company. Caitlin John LLC grew its holdings in shares of Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after buying an additional 75 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Honeywell International during the 4th quarter valued at $28,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Honeywell International during the 4th quarter valued at $28,000. Titan Wealth CI Ltd purchased a new position in Honeywell International in the fourth quarter worth about $31,000. Finally, JPL Wealth Management LLC purchased a new stake in Honeywell International during the third quarter valued at approximately $31,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. BMO Capital Markets raised their price objective on Honeywell International from $253.00 to $276.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft raised their price target on Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price target for the company in a report on Tuesday, June 30th. Bank of America raised shares of Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $205.00 to $265.00 in a research note on Tuesday, July 28th. Finally, Wolfe Research raised Honeywell International to a “hold” rating in a research note on Monday, June 29th. Thirteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and an average target price of $254.04.

Honeywell International Price Performance

Honeywell International stock opened at $209.61 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39. The firm has a market cap of $66.43 billion, a P/E ratio of 8.10, a P/E/G ratio of 3.51 and a beta of 0.87. Honeywell International Inc. has a twelve month low of $196.59 and a twelve month high of $261.24. The business has a fifty day moving average of $228.64 and a two-hundred day moving average of $227.97.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The business had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. During the same period in the previous year, the company posted $1.77 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, analysts forecast that Honeywell International Inc. will post 8.29 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.3%. Honeywell International’s payout ratio is 36.80%.

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth West sold 17,032 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $243.77, for a total value of $4,151,890.64. Following the completion of the transaction, the chief executive officer directly owned 2,132 shares in the company, valued at $519,717.64. This trade represents a 88.87% 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. Corporate insiders own 0.15% of the company’s stock.

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.