Quantbot Technologies LP Invests $27.63 Million in Honeywell International Inc. $HON

Quantbot Technologies LP bought a new position in Honeywell International Inc. (NASDAQ:HONFree Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 131,261 shares of the conglomerate’s stock, valued at approximately $27,630,000. Honeywell International accounts for approximately 0.8% of Quantbot Technologies LP’s investment portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Howard Hughes Medical Institute purchased a new position in Honeywell International in the 2nd quarter worth approximately $33,000. Barnes Dennig Private Wealth Management LLC increased its stake in shares of Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after buying an additional 118 shares during the period. Cedar Mountain Advisors LLC raised its holdings in Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in Honeywell International by 833.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock worth $35,000 after acquiring an additional 150 shares during the last quarter. Finally, Cloud Capital Management LLC bought a new stake in Honeywell International in the 3rd quarter worth $35,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Up 1.1%

NASDAQ:HON opened at $243.59 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The firm’s 50-day moving average price is $221.08 and its 200-day moving average price is $210.92. The company has a market capitalization of $154.85 billion, a PE ratio of 30.49, a P/E/G ratio of 3.49 and a beta of 0.94. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $246.00.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. Honeywell International’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $2.47 EPS. On average, equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $1.19 dividend. 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, February 27th. Honeywell International’s payout ratio is currently 59.57%.

Analyst Ratings Changes

A number of research firms have recently weighed in on HON. Wells Fargo & Company increased their target price on shares of Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Vertical Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research report on Monday, January 5th. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $240.00 in a research report on Tuesday, February 3rd. Sanford C. Bernstein set a $255.00 target price on shares of Honeywell International in a research note on Friday, January 16th. Finally, Royal Bank Of Canada boosted their price target on shares of Honeywell International from $249.00 to $268.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $249.48.

Read Our Latest Research Report on HON

Insider Activity at Honeywell International

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. Also, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president owned 4,803 shares of the company’s stock, valued at $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 18,190 shares of company stock worth $4,244,287 in the last 90 days. 0.20% of the stock is currently owned by company insiders.

Trending Headlines about Honeywell International

Here are the key news stories impacting Honeywell International this week:

  • Positive Sentiment: Wolfe Research upgraded Honeywell to Buy (outperform) and set a $293 price target, citing momentum ahead of an aerospace spinoff that could unlock value. Honeywell upgraded at Wolfe
  • Positive Sentiment: Recent quarterly results beat expectations (EPS and revenue growth) and management guidance implies continued margin/earnings leverage — supports multiple expansion and the premium valuation investors are assigning.
  • Positive Sentiment: Honeywell said it is resetting Catalyst deal terms and timeline while targeting EPS growth, which investors may view as clarifying the path to accretive outcomes from the transaction. Honeywell Resets Catalyst Deal Terms And Timeline
  • Neutral Sentiment: Reported short-interest data in recent filings is noisy/insignificant (the published figures are effectively zero/invalid), so there’s no clear short-pressure signal to explain price moves at this time.
  • Neutral Sentiment: Honeywell has outperformed the S&P 500 recently and analysts remain moderately optimistic — supportive context but not a fresh catalyst. Is Honeywell Outperforming the S&P 500?
  • Negative Sentiment: Suppliers to U.S. aerospace and semiconductor firms are facing rare-earth shortages ahead of geopolitical talks, a supply constraint that could pressure Honeywell’s aerospace operations and margins. Market Chatter: US Aerospace, Chip Firms Grappling With Rare Earth Shortages
  • Negative Sentiment: Wider market weakness (recent pullbacks in major indices) is a potential headwind for near-term performance despite company-specific positives. Top Midday Stories

About Honeywell International

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.