Northbridge Financial Group LLC Acquires New Position in Honeywell International Inc. $HON

Northbridge Financial Group LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, Holdings Channel reports. The fund acquired 2,440 shares of the conglomerate’s stock, valued at approximately $476,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Holos Integrated Wealth LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new position in Honeywell International in the 4th quarter worth $26,000. JPL Wealth Management LLC purchased a new position in Honeywell International in the 3rd quarter worth $31,000. Strategic Wealth Advisors LLC purchased a new position in Honeywell International in the 4th quarter worth $29,000. Finally, Strive Asset Management LLC purchased a new position in Honeywell International in the 3rd quarter worth $33,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $217.15 on Wednesday. The stock has a 50-day simple moving average of $224.60 and a two-hundred day simple moving average of $216.18. The firm has a market capitalization of $137.60 billion, a P/E ratio of 30.76, a PEG ratio of 3.10 and a beta of 0.82. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. 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 (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share 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 analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $2.21 EPS. 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. On average, equities analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.

Wall Street Analyst Weigh In

HON has been the subject of a number of research analyst reports. Barclays reduced their target price on Honeywell International from $255.00 to $243.00 and set an “overweight” rating for the company in a research note on Friday, April 24th. BNP Paribas Exane raised their target price on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. 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. Citigroup reduced their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, The Goldman Sachs Group decreased their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Thirteen 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $248.25.

Insider Buying and Selling at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is currently 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.