Baxter Bros Inc. Grows Holdings in Honeywell International Inc. $HON

Baxter Bros Inc. lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 19.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,750 shares of the conglomerate’s stock after purchasing an additional 7,017 shares during the quarter. Honeywell International comprises approximately 1.0% of Baxter Bros Inc.’s holdings, making the stock its 26th largest position. Baxter Bros Inc.’s holdings in Honeywell International were worth $8,999,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HON. Triton Financial Group Inc bought a new position in Honeywell International during the 2nd quarter valued at about $1,001,000. Managed Asset Portfolios LLC grew its holdings in shares of Honeywell International by 2.3% in the second quarter. Managed Asset Portfolios LLC now owns 95,833 shares of the conglomerate’s stock worth $22,317,000 after acquiring an additional 2,154 shares during the period. Amundi increased its position in Honeywell International by 30.2% during the first quarter. Amundi now owns 519,882 shares of the conglomerate’s stock valued at $107,450,000 after acquiring an additional 120,706 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Honeywell International by 11.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate’s stock valued at $6,035,000 after purchasing an additional 2,915 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in Honeywell International during the second quarter valued at approximately $1,943,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on HON. Argus cut their price target on Honeywell International from $250.00 to $225.00 in a report on Friday, November 14th. TD Cowen decreased their target price on Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Robert W. Baird dropped their price target on Honeywell International from $250.00 to $220.00 and set a “neutral” rating for the company in a research note on Monday, October 13th. Royal Bank Of Canada upgraded Honeywell International from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $235.00 to $253.00 in a report on Monday, October 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Honeywell International in a research report on Monday, December 15th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $236.56.

Honeywell International News Summary

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

• Positive Sentiment: Honeywell released supplemental financial information and an updated segment realignment to take effect in 1Q26, which provides more transparency on its restructured reporting and helps investors model pro forma results going forward. HONEYWELL PROVIDES SUPPLEMENTAL FINANCIAL INFORMATION…
• Neutral Sentiment: Analyst/commentary pieces are urging patience around Honeywell’s longer-term structural moves (notably the aerospace/other carve-ups), suggesting some investors may sit on the sidelines until separation details and timing are clearer. Honeywell: I’ll Wait For Aerospace To Split Off
• Neutral Sentiment: Pre-market futures positioning and market commentary are tracking HON along with broader industrials; these flow factors can accentuate moves but are not fundamental catalysts. Honeywell International Inc (NASDAQ:HON) Nasdaq Futures Positioning
• Negative Sentiment: Honeywell flagged an expected one-time Q4 charge of roughly $470 million related to a potential settlement of Flexjet-linked litigation — a near-term earnings hit that has driven the stock lower. Honeywell expects $470 million charge from Flexjet settlement
• Negative Sentiment: Company commentary and reporting indicate talks with Flexjet are ongoing and Honeywell plans to record a Q4 charge amid settlement discussions — increasing near-term earnings and cash-flow uncertainty. Honeywell plans Q4 charge amid Flexjet settlement talks
• Negative Sentiment: Honeywell scaled back sales guidance after completing the Solstice spin-off process and issued lower Q4 and full‑year 2025 revenue and EPS ranges versus consensus, implying slower near-term growth than analysts expected. Honeywell scales back sales guidance after Solstice spin-off
• Negative Sentiment: Market reports and commentary note the share reaction (premarket and intraday) to the charge and guidance revisions — a typical investor response to unexpected one-time costs and lower guidance. Honeywell Flags 4Q Hit Due to Possible Flexjet Settlement Charge

Honeywell International Trading Down 1.6%

Shares of HON opened at $195.96 on Tuesday. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $228.04. The firm has a market capitalization of $124.41 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 2.66 and a beta of 0.96. The company has a 50-day moving average of $198.33 and a 200 day moving average of $213.08. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Monday, December 11th. The conglomerate reported $2.25 EPS for the quarter. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The company had revenue of $8.95 billion for the quarter. Honeywell International has set its Q4 2023 guidance at 2.530-2.630 EPS and its FY 2023 guidance at 9.100-9.200 EPS. On average, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were given a dividend of $1.19 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.4%. Honeywell International’s payout ratio is 50.16%.

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.