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

Northbridge Financial Group LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,440 shares of the conglomerate’s stock, valued at approximately $476,000.

Other large investors have also recently modified their holdings of the company. Holos Integrated Wealth LLC purchased a new stake in shares of Honeywell International in the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new stake in Honeywell International in the fourth quarter worth about $26,000. JPL Wealth Management LLC purchased a new stake in Honeywell International in the third quarter worth about $31,000. Strategic Wealth Advisors LLC purchased a new stake in Honeywell International in the fourth quarter worth about $29,000. Finally, Strive Asset Management LLC purchased a new stake in Honeywell International in the third quarter worth about $33,000. Hedge funds and other 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 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 completion of the sale, the director owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Honeywell International Stock Performance

HON stock opened at $217.15 on Wednesday. The firm has a market cap of $137.60 billion, a price-to-earnings ratio of 30.76, a PEG ratio of 3.10 and a beta of 0.82. The firm has a 50-day simple moving average of $224.60 and a two-hundred day simple moving average of $216.18. 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 quick ratio of 1.10 and a current ratio of 1.39.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating the consensus estimate 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 net margin of 11.37% and a return on equity of 42.29%. The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.21 earnings per share. 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 EPS 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 issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend 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%.

Analysts Set New Price Targets

A number of analysts recently weighed in on HON shares. Evercore upped their price objective on shares of Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. upped their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Barclays lowered their price objective 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. TD Cowen lowered their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Wells Fargo & Company lowered their target price 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. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $248.25.

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.