Homestead Advisers Corp Cuts Stake in Honeywell International Inc. $HON

Homestead Advisers Corp cut its stake in Honeywell International Inc. (NASDAQ:HON) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 415,905 shares of the conglomerate’s stock after selling 8,200 shares during the quarter. Honeywell International makes up approximately 2.1% of Homestead Advisers Corp’s portfolio, making the stock its 17th largest holding. Homestead Advisers Corp owned approximately 0.07% of Honeywell International worth $87,548,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HON. Bank of New York Mellon Corp raised its stake in Honeywell International by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,777,498 shares of the conglomerate’s stock valued at $1,578,344,000 after purchasing an additional 48,968 shares during the last quarter. Unisphere Establishment raised its position in shares of Honeywell International by 8.1% in the second quarter. Unisphere Establishment now owns 4,000,000 shares of the conglomerate’s stock valued at $931,520,000 after buying an additional 300,000 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Honeywell International by 3.9% in the second quarter. Legal & General Group Plc now owns 3,725,789 shares of the conglomerate’s stock worth $867,663,000 after buying an additional 138,235 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in Honeywell International by 23,503.0% during the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock worth $865,506,000 after acquiring an additional 3,700,786 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in Honeywell International by 9.9% during the second quarter. Alliancebernstein L.P. now owns 2,915,387 shares of the conglomerate’s stock worth $678,935,000 after acquiring an additional 263,043 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Royal Bank Of Canada boosted their target price on Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Vertical Research lowered Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research note on Monday, January 5th. BNP Paribas Exane raised their target price on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, Jefferies Financial Group upped their price objective on shares of Honeywell International from $220.00 to $240.00 in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.50.

Honeywell International Stock Up 1.9%

Shares of HON opened at $235.35 on Thursday. The company has a current ratio of 1.32, a quick ratio of 1.05 and a debt-to-equity ratio of 1.76. The firm has a market cap of $149.42 billion, a P/E ratio of 29.46, a price-to-earnings-growth ratio of 3.35 and a beta of 0.94. The company’s 50-day moving average price is $204.96 and its 200 day moving average price is $208.73. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $236.34.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. The business had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. During the same period last year, the business earned $2.47 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Jefferies and Daiwa raised their price targets to $240, signaling renewed analyst conviction that can support short‑term buying momentum. Read More. Read More.
• Positive Sentiment: Major houses (example: RBC and Deutsche Bank) have raised targets into the high‑$200s, reinforcing a consensus bullish tilt that attracts institutional and momentum buyers.
• Positive Sentiment: Honeywell announced participation at upcoming investor conferences — management visibility with investors typically helps sustain momentum and can lead to incremental flows. Read More.
• Positive Sentiment: Multiple bullish writeups and a summarized bull thesis circulated (InsiderMonkey, MSN), which can influence retail and independent investors. Read More. Read More.
• Neutral Sentiment: Rothschild & Co Redburn raised its target to $235 but maintained a neutral rating — a modest signal that may have limited directional impact compared with outright buy upgrades. Read More.
• Neutral Sentiment: Region/unit‑level noise: Honeywell Automation India reported a profit slip tied to higher costs / a one‑time charge — likely isolated to the India‑listed unit rather than Honeywell’s consolidated results. Read More.
• Negative Sentiment: Insider selling — VP Robert D. Mailloux sold 10,549 shares (large reduction in his holding). While insider sales can be for personal reasons, markets often view sizable disposals as a negative signal. Read More.
• Negative Sentiment: Critical analysis flagged unattractive return trends at Honeywell; that commentary can weigh on value‑focused investors and temper enthusiasm among income/value funds. Read More.
• Negative Sentiment: Some analysts still show lower targets (example: BNP Paribas’ $215), which could blunt upside for investors who track consensus target risk. Read More.

Insider Buying and Selling

In other news, VP Robert D. Mailloux sold 10,549 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is 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.