WINTON GROUP Ltd bought a new stake in Honeywell International Inc. (NASDAQ:HON – Free Report) during the fourth quarter, HoldingsChannel reports. The fund bought 37,231 shares of the conglomerate’s stock, valued at approximately $7,263,000.
Other large investors have also recently bought and sold shares of the company. Verus Capital Partners LLC raised its stake in shares of Honeywell International by 0.7% during the 4th quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock worth $1,299,000 after buying an additional 44 shares during the period. FSM Wealth Advisors LLC raised its stake in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after buying an additional 46 shares during the period. Meridian Financial Partners LLC raised its stake in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock worth $245,000 after buying 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 buying an additional 47 shares during the period. Finally, Kesler Norman & Wride LLC raised its stake in shares of Honeywell International by 0.5% during the 4th quarter. Kesler Norman & Wride LLC now owns 9,455 shares of the conglomerate’s stock worth $1,845,000 after buying an additional 47 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Honeywell International Stock Down 1.7%
Shares of HON opened at $213.97 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. Honeywell International Inc. has a one year low of $186.76 and a one year high of $248.18. The stock has a market capitalization of $135.58 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 3.11 and a beta of 0.85. The stock has a 50 day moving average price of $223.71 and a 200 day moving average price of $218.71.
Honeywell International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reduced their target price on Honeywell International from $255.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group reduced their target price on Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Morgan Stanley upped their target price on Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. TD Cowen reduced their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. Thirteen 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $248.04.
Read Our Latest Analysis on HON
Honeywell International News Roundup
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Honeywell set a June 15 record date for the planned spin-off of Honeywell Aerospace, with the distribution expected on June 29; shareholders are expected to receive one share of the new Aerospace company for every two HON shares, and the new stock is expected to trade as HONA. This creates a clearer breakup story that many investors may view as a value-unlocking catalyst. Article title
- Positive Sentiment: Analyst commentary remained constructive, with Goldman Sachs and RBC both reiterating bullish views and raising price targets on Honeywell. Higher targets can support sentiment by signaling Wall Street sees upside from current levels. Article title
- Positive Sentiment: Honeywell’s Building Automation unit showed double-digit revenue growth in Q1, helped by strong demand, rising orders, and data center-related investment. Strong performance in this segment suggests the core business remains healthy ahead of the separation. Article title
- Positive Sentiment: Honeywell Aerospace is being positioned as a stand-alone growth story, with management forecasting strong growth and targets such as $6.5 billion in earnings by 2030. That outlook may be encouraging investors to re-rate the stock over time. Article title
- Neutral Sentiment: Honeywell’s quantum unit Quantinuum completed its IPO and debut, drawing strong attention to the company’s broader portfolio. While the listing highlights value in Honeywell’s assets, the direct impact on HON stock is less immediate because the move is mainly tied to the future spin-off structure. Article title
- Negative Sentiment: Despite the favorable news flow, HON has recently traded lower, suggesting investors may be taking profits or waiting for more clarity on the post-spin structure, reverse stock split, and the near-term earnings impact of the separation process. Article title
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.
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