Midwest Trust Co Acquires 14,432 Shares of Honeywell International Inc. $HON

Midwest Trust Co lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 208,356 shares of the conglomerate’s stock after acquiring an additional 14,432 shares during the quarter. Midwest Trust Co’s holdings in Honeywell International were worth $40,648,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. FSM Wealth Advisors LLC grew its stake in Honeywell International by 1.1% in the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after purchasing an additional 46 shares during the period. Facet Wealth Inc. raised its stake in shares of Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after purchasing an additional 47 shares during the period. EPG Wealth Management LLC raised its stake in shares of Honeywell International by 0.5% during the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock worth $1,960,000 after purchasing an additional 49 shares during the period. Willow Creek Wealth Management Inc. boosted its holdings in shares of Honeywell International by 2.2% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock worth $490,000 after buying an additional 50 shares during the last quarter. Finally, VSM Wealth Advisory LLC grew its position in Honeywell International by 4.5% during the third quarter. VSM Wealth Advisory LLC now owns 1,150 shares of the conglomerate’s stock valued at $242,000 after buying an additional 50 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HON. BMO Capital Markets initiated coverage on shares of Honeywell International in a report on Friday, March 27th. They set an “outperform” rating and a $273.00 price objective for the company. Jefferies Financial Group reduced their target price on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Evercore raised their price target 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. The Goldman Sachs Group lowered their price target on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Honeywell International from $273.00 to $292.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $250.00.

Honeywell International Price Performance

NASDAQ HON opened at $213.12 on Friday. 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 company has a market cap of $135.04 billion, a PE ratio of 30.19, a price-to-earnings-growth ratio of 3.04 and a beta of 0.82. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18. The firm’s 50-day simple moving average is $228.68 and its two-hundred day simple moving average is $215.95.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.13. The firm had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $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. Research analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current year.

Honeywell International Dividend Announcement

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

Insider Activity

In other Honeywell International 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 sale, the director owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.15% of the stock is currently owned by corporate insiders.

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.