North Dakota State Investment Board Takes Position in Honeywell International Inc. $HON

North Dakota State Investment Board purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 21,811 shares of the conglomerate’s stock, valued at approximately $4,255,000.

Several other institutional investors have also made changes to their positions in HON. Holos Integrated Wealth LLC acquired a new stake in shares of Honeywell International during the 4th quarter valued at about $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Honeywell International during the 4th quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Honeywell International during the 4th quarter valued at about $29,000. JPL Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter valued at about $31,000. Finally, Strive Asset Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter valued at about $33,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the sale, the director directly owned 31,081 shares in the company, 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 document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company reduced their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Argus boosted their target price on Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Rothschild & Co Redburn boosted their target price on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Daiwa Securities Group boosted their target price on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. boosted their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $248.25.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $213.24 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The business’s 50 day moving average is $225.39 and its two-hundred day moving average is $216.13. The company has a market cap of $135.12 billion, a P/E ratio of 30.20, a P/E/G ratio of 3.04 and a beta of 0.82. Honeywell International Inc. has a 12 month low of $186.76 and a 12 month high of $248.18.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion for 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 company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous 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 expect that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Dividend Announcement

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 given 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 currently 67.42%.

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.