Hills Bank & Trust Co Sells 3,235 Shares of Honeywell International Inc. $HON

Hills Bank & Trust Co lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 30.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,530 shares of the conglomerate’s stock after selling 3,235 shares during the quarter. Hills Bank & Trust Co’s holdings in Honeywell International were worth $1,469,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cardinal Capital Management Inc. lifted its stake in shares of Honeywell International by 6.1% during the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after buying an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC lifted its stake in shares of Honeywell International by 56.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after buying an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC raised its stake in Honeywell International by 36.6% in the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after purchasing an additional 21,770 shares in the last quarter. First National Trust Co raised its stake in Honeywell International by 9.4% in the 3rd quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock worth $16,648,000 after purchasing an additional 6,803 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. acquired a new stake in Honeywell International in the 3rd quarter worth about $4,147,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. JPMorgan Chase & Co. lifted 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. Robert W. Baird lifted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. TD Cowen dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Sanford C. Bernstein set a $255.00 price objective on shares of Honeywell International in a research note on Friday, January 16th. Finally, BNP Paribas Exane lifted their price target on shares of Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Thirteen research 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.com, Honeywell International has an average rating of “Moderate Buy” and an average target price of $248.25.

Insider Activity

In other news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.15% of the company’s stock.

Honeywell International Trading Down 2.1%

HON opened at $213.24 on Friday. The firm has a market capitalization of $135.12 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 3.11 and a beta of 0.82. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week 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. The company’s 50 day moving average price is $225.39 and its two-hundred day moving average price is $216.12.

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 analysts’ consensus estimates of $2.32 by $0.13. The firm 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 company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous 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. As a group, research analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current year.

Honeywell International Announces Dividend

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

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.