Rossmore Private Capital Purchases 3,542 Shares of Honeywell International Inc. $HON

Rossmore Private Capital lifted its position in Honeywell International Inc. (NASDAQ:HON) by 16.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,578 shares of the conglomerate’s stock after buying an additional 3,542 shares during the period. Rossmore Private Capital’s holdings in Honeywell International were worth $4,795,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the period. Franklin Resources Inc. boosted its stake in Honeywell International by 28.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the period. Invesco Ltd. boosted its stake in Honeywell International by 11.0% in the 3rd quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate’s stock worth $1,287,408,000 after purchasing an additional 605,600 shares during the period. Unisphere Establishment boosted its stake in Honeywell International by 5.4% in the 3rd quarter. Unisphere Establishment now owns 4,215,000 shares of the conglomerate’s stock worth $887,258,000 after purchasing an additional 215,000 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Honeywell International by 15,459.1% in the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after purchasing an additional 4,031,879 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of the stock in a transaction dated 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 in the company, valued at $7,459,440. This represents a 7.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HON. TD Cowen reduced their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Barclays reduced their target price on shares of 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 upped their target price on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Argus upped their target price on shares of Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Finally, Morgan Stanley upped their target price on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and a consensus target price of $248.25.

Honeywell International Stock Performance

Honeywell International stock opened at $213.24 on Monday. The firm has a 50-day moving average of $225.39 and a 200-day moving average of $216.13. Honeywell International Inc. has a one year low of $186.76 and a one year high of $248.18. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. The company has a market cap of $135.12 billion, a price-to-earnings ratio of 30.20, a P/E/G ratio of 3.04 and a beta of 0.82.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. During the same period in the prior year, the business posted $2.21 EPS. The company’s quarterly revenue 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. On average, equities analysts expect that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

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.