Honeywell International Inc. $HON Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.9% during the third quarter, Holdings Channel.com reports. The firm owned 391,327 shares of the conglomerate’s stock after buying an additional 21,724 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Honeywell International were worth $82,374,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Armstrong Fleming & Moore Inc bought a new stake in shares of Honeywell International during the 2nd quarter valued at $998,000. Triton Financial Group Inc purchased a new stake in Honeywell International in the 2nd quarter worth $1,001,000. Managed Asset Portfolios LLC increased its stake in Honeywell International by 2.3% in the 2nd quarter. Managed Asset Portfolios LLC now owns 95,833 shares of the conglomerate’s stock worth $22,317,000 after buying an additional 2,154 shares in the last quarter. Baxter Bros Inc. raised its holdings in Honeywell International by 14.6% during the second quarter. Baxter Bros Inc. now owns 35,733 shares of the conglomerate’s stock valued at $8,321,000 after acquiring an additional 4,543 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in Honeywell International during the 2nd quarter valued at approximately $1,943,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 2.0%

NASDAQ HON opened at $215.07 on Wednesday. The company has a market capitalization of $136.55 billion, a PE ratio of 22.66, a P/E/G ratio of 2.41 and a beta of 0.95. The company has a fifty day moving average of $198.08 and a 200 day moving average of $209.54. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04. Honeywell International Inc. has a 1 year low of $169.21 and a 1 year high of $228.04.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The company had revenue of $10.41 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the business earned $2.58 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wells Fargo & Company dropped their price target on Honeywell International from $218.00 to $215.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Honeywell International in a research report on Monday, December 29th. The Goldman Sachs Group reduced their price objective on Honeywell International from $245.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. TD Cowen dropped their price objective on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Finally, JPMorgan Chase & Co. upgraded Honeywell International from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $218.00 to $255.00 in a report on Friday, January 16th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $236.48.

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.