Simplicity Wealth LLC Reduces Stock Holdings in Honeywell International Inc. $HON

Simplicity Wealth LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 35.1% in the fourth quarter, HoldingsChannel reports. The firm owned 4,682 shares of the conglomerate’s stock after selling 2,534 shares during the quarter. Simplicity Wealth LLC’s holdings in Honeywell International were worth $913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HON. SG Americas Securities LLC increased its position in Honeywell International by 15,459.1% during the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after purchasing an additional 4,031,879 shares in the last quarter. Franklin Resources Inc. increased its position in Honeywell International by 28.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares in the last quarter. Marshall Wace LLP increased its position in Honeywell International by 130.0% during the 3rd quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock worth $388,379,000 after purchasing an additional 1,042,972 shares in the last quarter. Vanguard Group Inc. increased its position in Honeywell International by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares in the last quarter. Finally, Two Sigma Investments LP increased its position in Honeywell International by 424.3% during the 3rd quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock worth $242,865,000 after purchasing an additional 933,694 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON opened at $214.33 on Friday. The firm has a market capitalization of $135.81 billion, a P/E ratio of 30.36, a P/E/G ratio of 3.00 and a beta of 0.93. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year 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 business’s 50-day simple moving average is $230.45 and its 200-day simple moving average is $215.57.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate 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%.Honeywell International’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. Equities analysts predict that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Dividend Announcement

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

Insider Activity at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on HON. Jefferies Financial Group dropped their price objective on Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday. TD Cowen dropped their price objective on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. The Goldman Sachs Group decreased their price target on Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Evercore raised their price target on Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Finally, BMO Capital Markets assumed coverage on Honeywell International in a research note on Friday, March 27th. They issued an “outperform” rating and a $273.00 price target on the stock. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and an average target price of $250.00.

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.