Honeywell International Inc. $HON Stake Decreased by Congress Asset Management Co.

Congress Asset Management Co. cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 55.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,635 shares of the conglomerate’s stock after selling 4,479 shares during the period. Congress Asset Management Co.’s holdings in Honeywell International were worth $765,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. J. Stern & Co. LLP grew its position in Honeywell International by 9.8% in the 1st quarter. J. Stern & Co. LLP now owns 262,799 shares of the conglomerate’s stock valued at $55,648,000 after buying an additional 23,525 shares in the last quarter. Gabelli Funds LLC increased its stake in Honeywell International by 5.1% during the 1st quarter. Gabelli Funds LLC now owns 347,918 shares of the conglomerate’s stock valued at $73,672,000 after buying an additional 17,000 shares during the period. Samalin Investment Counsel LLC increased its stake in Honeywell International by 17.8% during the 1st quarter. Samalin Investment Counsel LLC now owns 2,503 shares of the conglomerate’s stock valued at $530,000 after buying an additional 379 shares during the period. Finally, Redwood Investment Management LLC raised its position in shares of Honeywell International by 8.7% during the 1st quarter. Redwood Investment Management LLC now owns 11,741 shares of the conglomerate’s stock worth $2,486,000 after buying an additional 936 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International News Roundup

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

• Positive Sentiment: DZ Bank trimmed its price target to $237 from $248 but the new target still implies substantial upside vs. current levels, signaling some analyst confidence in Honeywell’s longer‑term valuation. DZ Bank adjusts price target on Honeywell International to $237 from $248
• Positive Sentiment: Honeywell released supplemental financials and detailed a planned segment realignment (effective Q1 2026), which should improve transparency around pro‑forma results after the advanced materials and Solstice moves. This helps investors model post‑spin performance. HONEYWELL PROVIDES SUPPLEMENTAL FINANCIAL INFORMATION FOR PLANNED SEGMENT REALIGNMENT
• Neutral Sentiment: Several commentary pieces argue the litigation charge is a one‑off and that the underlying business remains solid, which could limit longer‑term downside if management successfully resolves the Flexjet matter. Honeywell stock is down on a litigation charge. Why it shouldn’t be.
• Neutral Sentiment: Analyst/market commentary (Seeking Alpha) recommends waiting for clearer aerospace separation outcomes before making large moves—useful for investors focused on capital allocation and the timing of value realization from divestitures. Honeywell: I’ll Wait For Aerospace To Split Off
• Negative Sentiment: Honeywell warned it expects a roughly $470M one‑time charge in Q4 tied to a potential Flexjet settlement — an immediate hit to quarterly results and a clear near‑term catalyst for selling pressure. Honeywell expects $470 million charge from Flexjet settlement
• Negative Sentiment: Management trimmed guidance: Q4 EPS guidance came in slightly below consensus and FY 2025 EPS and revenue guidance were materially reduced versus Street estimates, reflecting the Solstice spin‑off and portfolio reshaping — this is weighing on near‑term earnings expectations. Honeywell scales back sales guidance after Solstice spin-off

Analysts Set New Price Targets

HON has been the topic of several recent analyst reports. Citigroup boosted their target price on Honeywell International from $251.56 to $267.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Bank of America reiterated an “underperform” rating and set a $205.00 price target (down from $265.00) on shares of Honeywell International in a research report on Tuesday, November 18th. Rothschild & Co Redburn dropped their price objective on Honeywell International from $240.00 to $222.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. DZ Bank decreased their target price on Honeywell International from $248.00 to $237.00 in a research note on Tuesday. Finally, Wells Fargo & Company lowered their target price on Honeywell International from $230.00 to $218.00 and set an “equal weight” rating on the stock in a report on Friday, November 14th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Honeywell International currently has an average rating of “Hold” and an average price target of $236.58.

Honeywell International Trading Down 0.2%

NASDAQ:HON opened at $195.50 on Wednesday. The stock has a fifty day simple moving average of $198.06 and a 200 day simple moving average of $212.85. The firm has a market capitalization of $124.12 billion, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 2.85 and a beta of 0.96. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $228.04. The company has a quick ratio of 1.04, a current ratio of 1.36 and a debt-to-equity ratio of 1.70.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Monday, December 11th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The firm 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. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, November 14th were paid a $1.19 dividend. 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%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) 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.