Verity & Verity LLC Invests $458,000 in Honeywell International Inc. $HON

Verity & Verity LLC acquired a new position in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,350 shares of the conglomerate’s stock, valued at approximately $458,000.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in 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 acquiring an additional 1,027,413 shares in the last quarter. Geode Capital Management LLC raised its position in Honeywell International by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock valued at $3,066,520,000 after acquiring an additional 120,929 shares in the last quarter. Franklin Resources Inc. raised its position in Honeywell International by 28.8% during the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after acquiring an additional 2,277,234 shares in the last quarter. Invesco Ltd. raised its position in Honeywell International by 11.0% during the third quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate’s stock valued at $1,287,408,000 after acquiring an additional 605,600 shares in the last quarter. Finally, Unisphere Establishment raised its position in Honeywell International by 5.4% during the third quarter. Unisphere Establishment now owns 4,215,000 shares of the conglomerate’s stock valued at $887,258,000 after acquiring an additional 215,000 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Up 2.1%

Shares of HON opened at $237.86 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The stock’s 50 day moving average is $223.60 and its two-hundred day moving average is $217.81. The firm has a market cap of $150.72 billion, a P/E ratio of 33.69, a PEG ratio of 3.40 and a beta of 0.82. Honeywell International Inc. has a 12 month low of $186.76 and a 12 month high of $248.18.

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 analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. Analysts predict that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal 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 paid a $1.19 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. Honeywell International’s payout ratio is currently 67.42%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $268.00 price target on shares of Honeywell International in a research report on Monday, April 27th. BNP Paribas Exane lifted their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Wolfe Research reiterated an “outperform” rating and set a $275.00 price target on shares of Honeywell International in a research report on Friday. The Goldman Sachs Group reduced their price target on Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Daiwa Securities Group lifted their price target on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.