North Dakota State Investment Board Purchases Shares of 21,811 Honeywell International Inc. $HON

North Dakota State Investment Board purchased a new stake in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, Holdings Channel reports. The firm purchased 21,811 shares of the conglomerate’s stock, valued at approximately $4,255,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Rossmore Private Capital boosted its stake in Honeywell International by 16.8% in the fourth quarter. Rossmore Private Capital now owns 24,578 shares of the conglomerate’s stock worth $4,795,000 after purchasing an additional 3,542 shares in the last quarter. United Bank boosted its stake in Honeywell International by 0.8% in the fourth quarter. United Bank now owns 10,511 shares of the conglomerate’s stock worth $2,051,000 after purchasing an additional 85 shares in the last quarter. L & S Advisors Inc acquired a new position in Honeywell International in the fourth quarter worth $7,202,000. Independent Solutions Wealth Management LLC boosted its stake in Honeywell International by 202.5% in the fourth quarter. Independent Solutions Wealth Management LLC now owns 9,787 shares of the conglomerate’s stock worth $1,909,000 after purchasing an additional 6,552 shares in the last quarter. Finally, iA Global Asset Management Inc. boosted its stake in Honeywell International by 7.4% in the fourth quarter. iA Global Asset Management Inc. now owns 78,936 shares of the conglomerate’s stock worth $15,400,000 after purchasing an additional 5,414 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON opened at $213.24 on Monday. The stock has a 50-day simple moving average of $225.39 and a 200 day simple moving average of $216.13. The company has a market capitalization of $135.12 billion, a PE ratio of 30.20, 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.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion during 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 firm’s revenue was up 2.4% on a year-over-year basis. During the same quarter 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. Research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, May 15th. Honeywell International’s dividend payout ratio is 67.42%.

Analyst Upgrades and Downgrades

A number of research firms have commented on HON. BMO Capital Markets began coverage on Honeywell International in a research note on Friday, March 27th. They issued an “outperform” rating and a $273.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Wolfe Research upped their price target on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a research note on Monday, April 27th. Finally, Wells Fargo & Company cut 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. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and an average price target of $248.25.

Insider Activity

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is owned by company insiders.

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.