Jupiter Asset Management Ltd. Trims Stake in Honeywell International Inc. $HON

Jupiter Asset Management Ltd. reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 59.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,932 shares of the conglomerate’s stock after selling 108,052 shares during the period. Jupiter Asset Management Ltd.’s holdings in Honeywell International were worth $14,228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC grew its holdings in shares of Honeywell International by 15,459.1% during the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after acquiring an additional 4,031,879 shares during the period. Franklin Resources Inc. lifted its stake in shares of Honeywell International by 28.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after purchasing an additional 2,277,234 shares during the period. Mizuho Markets Americas LLC lifted its stake in shares of Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock valued at $398,374,000 after purchasing an additional 1,842,000 shares during the period. Marshall Wace LLP boosted its position in shares of Honeywell International by 130.0% during the third quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after purchasing an additional 1,042,972 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Honeywell International by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after purchasing an additional 1,027,413 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Price Performance

HON opened at $237.86 on Friday. The firm has a market cap of $150.72 billion, a PE ratio of 33.69, a P/E/G ratio of 3.33 and a beta of 0.82. The stock has a 50-day moving average price of $223.60 and a 200-day moving average price of $217.81. Honeywell International Inc. has a 1 year low of $186.76 and a 1 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.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Honeywell International’s revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $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. Sell-side analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.

Analyst Ratings Changes

Several equities analysts have commented on the company. BMO Capital Markets started coverage on Honeywell International in a research report on Friday, March 27th. They set an “outperform” rating and a $273.00 price objective for the company. Daiwa Securities Group lifted their price target on shares of Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. TD Cowen cut their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. BNP Paribas Exane raised their target price on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Finally, Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of Honeywell International in a report on Friday. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $247.29.

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.