Honeywell International Inc. $HON Shares Bought by Conning Inc.

Conning Inc. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3,096.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,432 shares of the conglomerate’s stock after purchasing an additional 144,757 shares during the period. Conning Inc.’s holdings in Honeywell International were worth $31,455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of HON. Chung Wu Investment Group LLC bought a new position in Honeywell International in the second quarter worth about $26,000. RMG Wealth Management LLC acquired a new stake in shares of Honeywell International during the 2nd quarter worth approximately $33,000. Howard Hughes Medical Institute bought a new stake in shares of Honeywell International in the 2nd quarter worth approximately $33,000. Activest Wealth Management boosted its position in Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 115 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

More Honeywell International News

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

• Positive Sentiment: Quantinuum IPO could materially unlock value for HON — analysts and commentators estimate a potential ~$10B valuation for Quantinuum, which would crystallize more than $5B of value for Honeywell’s ~54% stake and reduce the conglomerate discount. This supports the bull case that a spin or IPO lets HON redeploy capital and simplify reporting. Honeywell: I View The Quantinuum IPO As A Decent Capital Raise
• Positive Sentiment: Company confirms Quantinuum will make a confidential submission of a draft S‑1 with the SEC, signalling an active path to IPO and giving investors a clearer timetable for value realization. Multiple outlets report the confidential filing and public comments from Honeywell. HONEYWELL ANNOUNCES QUANTINUUM’S PLAN TO MAKE CONFIDENTIAL SUBMISSION Honeywell announces Quantinuum’s plan to file for IPO (Reuters)
• Positive Sentiment: Analyst support remains — Citi publicly maintained a Buy rating on HON, which can buoy investor confidence even amid target adjustments. Citi Sticks to Their Buy Rating for Honeywell International (HON)
• Neutral Sentiment: Citi/analyst price‑target move: Citigroup cut HON’s price target to $262, which tempers upside expectations even though the buy rating was retained — an important nuance for risk/reward math. Citigroup Lowers Honeywell International Price Target
• Neutral Sentiment: Timing and execution remain uncertain — coverage notes an IPO window of late 2026–2027 and typical SEC/market timing risks; value realization is not immediate. Looking for a new quantum stock? Honeywell plans an IPO of its Quantinuum business.
• Negative Sentiment: Insider selling flagged — recent disclosures show insiders sold roughly $1.5M of HON shares, which some investors interpret as caution from company insiders and can weigh on sentiment near term. Honeywell International Insiders Sold US$1.5m Of Shares

Analyst Ratings Changes

HON has been the topic of a number of recent research reports. HSBC cut their target price on Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. Barclays decreased their target price on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating for the company in a research report on Wednesday, December 24th. Robert W. Baird cut their price target on Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. Finally, Royal Bank Of Canada raised Honeywell International from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $235.00 to $253.00 in a report on Monday, October 27th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $233.90.

Honeywell International Stock Performance

HON opened at $213.04 on Thursday. The business has a 50 day moving average price of $196.43 and a two-hundred day moving average price of $210.33. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04. The company has a market capitalization of $135.26 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 2.91 and a beta of 0.95. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $228.04.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. The company had revenue of $10.41 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $2.58 EPS. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

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.