Dover Advisors LLC raised its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 24.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,628 shares of the conglomerate’s stock after purchasing an additional 3,843 shares during the period. Honeywell International accounts for about 1.5% of Dover Advisors LLC’s portfolio, making the stock its 13th largest position. Dover Advisors LLC’s holdings in Honeywell International were worth $3,829,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC purchased a new position in Honeywell International in the fourth quarter valued at $25,000. Ares Financial Consulting LLC purchased a new position in Honeywell International in the fourth quarter valued at $26,000. JPL Wealth Management LLC purchased a new position in Honeywell International in the third quarter valued at $31,000. Strategic Wealth Advisors LLC purchased a new position in Honeywell International in the fourth quarter valued at $29,000. Finally, Strive Asset Management LLC purchased a new position in Honeywell International in the third quarter valued at $33,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Weiss Ratings cut shares of Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. The Goldman Sachs Group cut their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a report on Friday, April 24th. Argus lifted their price objective on shares of Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Daiwa Securities Group lifted their price objective on shares of Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Thirteen research 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $247.29.
Key Headlines Impacting Honeywell International
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Honeywell announced a new independent board member, Jill Evanko, which may support oversight as the company pushes ahead with its portfolio transformation and separation plans. HONEYWELL APPOINTS JILL EVANKO TO BOARD OF DIRECTORS
- Positive Sentiment: Honeywell’s industrial safety software expansion, adding predictive analytics and compliance tools, highlights continued investment in higher-value software offerings that could support growth. Honeywell expands industrial safety software with predictive analytics, compliance tools
- Positive Sentiment: Honeywell-backed Quantinuum raised its IPO target and valuation, which could reinforce investor interest in Honeywell’s quantum computing assets and improve the perceived value of its portfolio. Honeywell’s Quantinuum eyes $14.3 billion valuation in upsized US IPO
- Neutral Sentiment: Honeywell said it will host an update call on June 8 and provide preliminary 2026 outlook details for the remaining company after the aerospace spin-off, keeping the market focused on execution and future guidance. HONEYWELL TO HOST 2026 UPDATE CALL AND INTRODUCE OUTLOOK FOR HONEYWELL TECHNOLOGIES (REMAINCO)
- Neutral Sentiment: Coverage ahead of the aerospace spin-off and analyst commentary suggest the market is still evaluating whether Honeywell Aerospace can accelerate growth after separation. Honeywell Aerospace Stock Needs to Do Better. There’s Only One Way That Happens.
- Negative Sentiment: Reports of layoffs ahead of the aerospace spinoff may signal restructuring pressure and near-term disruption, which can weigh on sentiment. Honeywell to lay off 60 Valley workers ahead of aerospace company spinoff
- Negative Sentiment: Several articles questioned Honeywell Aerospace’s growth outlook, and that skepticism may be contributing to weakness in the stock as investors wait for clearer proof of improvement. Daily Memo: What Honeywell Aerospace Has To Prove
Honeywell International Stock Down 0.6%
HON stock opened at $235.23 on Wednesday. The stock has a market capitalization of $149.05 billion, a P/E ratio of 33.32, a P/E/G ratio of 3.38 and a beta of 0.85. The firm has a 50-day simple moving average of $223.75 and a 200-day simple moving average of $218.21. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18.
Honeywell International (NASDAQ:HON – Get Free Report) last released its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous 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. Equities analysts forecast that Honeywell International Inc. will post 10.53 earnings per share for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid 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 dividend yield of 2.0%. Honeywell International’s payout ratio is currently 67.42%.
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.
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