Rogco LP Takes Position in Honeywell International Inc. $HON

Rogco LP purchased a new stake in Honeywell International Inc. (NASDAQ:HON) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,498 shares of the conglomerate’s stock, valued at approximately $640,000.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares during the period. Acadian Asset Management LLC lifted its position in Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of Honeywell International by 18.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after purchasing an additional 1,223 shares during the last quarter. Nebula Research & Development LLC grew its stake in shares of Honeywell International by 3.1% in the 2nd quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Honeywell International by 4.4% in the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after purchasing an additional 188 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth West sold 316 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $245.47, for a total value of $77,568.52. Following the completion of the transaction, the chief executive officer directly owned 2,004 shares of the company’s stock, valued at $491,921.88. This trade represents a 13.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

Honeywell International Stock Up 0.8%

HON opened at $207.63 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. Honeywell International Inc. has a 12 month low of $196.59 and a 12 month high of $261.24. The stock has a market capitalization of $65.81 billion, a P/E ratio of 8.03, a P/E/G ratio of 3.45 and a beta of 0.87. The business has a 50 day simple moving average of $229.09 and a 200-day simple moving average of $228.19.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The firm had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.During the same quarter in the prior year, the company posted $1.77 earnings per share. Honeywell International’s quarterly revenue was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, equities analysts anticipate that Honeywell International Inc. will post 8.29 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 annualized dividend and a dividend yield of 1.3%. Honeywell International’s payout ratio is 36.80%.

Analyst Ratings Changes

HON has been the subject of several analyst reports. Citigroup upped their price target on Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Barclays lowered their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 10th. Sanford C. Bernstein assumed coverage on shares of Honeywell International in a research report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price objective for the company. Jefferies Financial Group initiated coverage on shares of Honeywell International in a research note on Monday, August 17th. They issued a “hold” rating and a $255.00 target price for the company. Finally, Bank of America raised shares of Honeywell International from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $205.00 to $265.00 in a report on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $254.04.

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.