Summit Wealth Group LLC Co. Sells 4,558 Shares of Honeywell International Inc. $HON

Summit Wealth Group LLC Co. lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 67.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,226 shares of the conglomerate’s stock after selling 4,558 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Honeywell International were worth $434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FSM Wealth Advisors LLC increased its holdings 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 buying an additional 46 shares during the period. Facet Wealth Inc. increased its holdings in Honeywell International by 3.6% in the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after buying an additional 47 shares during the period. EPG Wealth Management LLC increased its holdings in Honeywell International by 0.5% in the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate’s stock valued at $1,960,000 after buying an additional 49 shares during the period. Willow Creek Wealth Management Inc. increased its holdings in Honeywell International by 2.2% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock valued at $490,000 after buying an additional 50 shares during the period. Finally, VSM Wealth Advisory LLC increased its holdings in Honeywell International by 4.5% in the 3rd 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. Institutional investors own 75.91% of the company’s stock.

Key Headlines Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Honeywell CEO Vimal Kapur said the Iran conflict and rising AI demand are boosting demand for automation products, which could improve near-term sales across the company’s industrial and aerospace businesses. Honeywell CEO says Iran conflict and AI are boosting demand
• Positive Sentiment: Management also said geopolitics and AI are creating tailwinds as Honeywell moves closer to a breakup, suggesting the portfolio transformation could unlock value for investors over time. Honeywell sees tailwinds from geopolitics and AI as breakup nears
• Positive Sentiment: Analysts remain moderately optimistic on Honeywell, and one recent note highlighted it as a top drone-related stock with about 20% implied upside, reinforcing a constructive longer-term view. Honeywell International Inc. (HON): One of the Best Drone Stocks to Buy According to Wall Street Analysts
• Neutral Sentiment: Honeywell’s Quantinuum quantum-computing unit filed for an IPO, which could surface value but also introduces execution and valuation uncertainty for the parent company. Quantum Computing Stocks: Quantinuum IPO Filing Bucks SPAC Trend
• Negative Sentiment: A broader market roundup noted Honeywell has underperformed the market over the past year, which may keep some investors cautious despite the improving narrative. Honeywell International Stock: Analyst Estimates & Ratings

Analyst Ratings Changes

HON has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Argus boosted their target price on shares of Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Rothschild & Co Redburn boosted their target price on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Citigroup reduced their target price on shares of Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Finally, Jefferies Financial Group reduced their target price on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $250.00.

Honeywell International Stock Down 0.3%

Shares of NASDAQ:HON opened at $217.96 on Thursday. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week 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. The company’s fifty day moving average is $226.56 and its 200-day moving average is $216.13. The company has a market capitalization of $138.11 billion, a PE ratio of 30.87, a P/E/G ratio of 3.12 and a beta of 0.82.

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

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a dividend of $1.19 per share. The ex-dividend date is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.2%. Honeywell International’s dividend payout ratio is 67.42%.

Insider Transactions at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is currently owned by company 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.