PNC Financial Services Group Inc. Decreases Stock Position in Honeywell International Inc. $HON

PNC Financial Services Group Inc. lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 1.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,517,686 shares of the conglomerate’s stock after selling 28,851 shares during the period. PNC Financial Services Group Inc.’s holdings in Honeywell International were worth $296,085,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of HON. FSM Wealth Advisors LLC increased its holdings in Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after purchasing an additional 46 shares during the period. Meridian Financial Partners LLC increased its holdings in Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares during the period. Facet Wealth Inc. increased its holdings in Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after purchasing an additional 47 shares during the period. EPG Wealth Management LLC increased its holdings in Honeywell International by 0.5% during the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock valued at $1,960,000 after purchasing an additional 49 shares during the period. Finally, Willow Creek Wealth Management Inc. increased its holdings in Honeywell International by 2.2% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.0%

HON stock opened at $217.15 on Wednesday. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The business’s 50 day moving average price is $224.60 and its two-hundred day moving average price is $216.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The company has a market capitalization of $137.60 billion, a price-to-earnings ratio of 30.76, a price-to-earnings-growth ratio of 3.10 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $9.30 billion. During the same quarter in the prior year, the business earned $2.21 EPS. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. 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, analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced 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 yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s payout ratio is 67.42%.

Insider Buying and Selling

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. The trade was a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Honeywell International in a report on Friday, March 27th. They set an “outperform” rating and a $273.00 price target on the stock. Daiwa Securities Group boosted their price target on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a report on Monday, April 27th. The Goldman Sachs Group reduced their price target on Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Honeywell International from $255.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $248.25.

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.