SVB Wealth LLC Sells 3,258 Shares of Honeywell International Inc. $HON

SVB Wealth LLC lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 10.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,816 shares of the conglomerate’s stock after selling 3,258 shares during the period. SVB Wealth LLC’s holdings in Honeywell International were worth $5,622,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Holos Integrated Wealth LLC bought a new position in shares of Honeywell International during the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC bought a new stake in Honeywell International in the fourth quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new position in Honeywell International during the 4th quarter valued at $29,000. JPL Wealth Management LLC bought a new position in Honeywell International in the 3rd quarter worth $31,000. Finally, Cedar Mountain Advisors LLC raised its holdings in Honeywell International by 116.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 84 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. BMO Capital Markets began coverage on shares of Honeywell International in a report on Friday, March 27th. They issued an “outperform” rating and a $273.00 price objective for the company. BNP Paribas Exane lifted their price objective on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. TD Cowen reduced their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Rothschild & Co Redburn raised their target price on Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Thirteen equities 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.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $250.00.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $213.12 on Monday. The company has a 50 day simple moving average of $228.68 and a two-hundred day simple moving average of $215.95. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The company has a market capitalization of $135.04 billion, a price-to-earnings ratio of 30.19, a P/E/G ratio of 3.04 and a beta of 0.82. 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 (NASDAQ:HON) last issued its quarterly 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. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same period in the previous year, the firm posted $2.21 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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 expect that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

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 $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio is currently 67.42%.

Insider Buying and Selling at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director owned 31,081 shares of the company’s stock, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is owned by insiders.

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.