Csenge Advisory Group Decreases Position in Honeywell International Inc. $HON

Csenge Advisory Group lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 68.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,409 shares of the conglomerate’s stock after selling 3,019 shares during the quarter. Csenge Advisory Group’s holdings in Honeywell International were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of HON. Wolff Wiese Magana LLC raised its position in Honeywell International by 676.9% in the 3rd quarter. Wolff Wiese Magana LLC now owns 5,151 shares of the conglomerate’s stock valued at $1,084,000 after purchasing an additional 4,488 shares in the last quarter. Forbes J M & Co. LLP raised its holdings in Honeywell International by 1.0% in the third quarter. Forbes J M & Co. LLP now owns 57,886 shares of the conglomerate’s stock valued at $12,185,000 after acquiring an additional 560 shares in the last quarter. Wright Investors Service Inc. lifted its stake in Honeywell International by 2.1% in the third quarter. Wright Investors Service Inc. now owns 4,020 shares of the conglomerate’s stock worth $846,000 after acquiring an additional 82 shares during the last quarter. Magnus Financial Group LLC lifted its stake in Honeywell International by 3.3% in the third quarter. Magnus Financial Group LLC now owns 10,330 shares of the conglomerate’s stock worth $2,174,000 after acquiring an additional 330 shares during the last quarter. Finally, Conning Inc. grew its holdings in Honeywell International by 3,096.4% during the 3rd quarter. Conning Inc. now owns 149,432 shares of the conglomerate’s stock worth $31,455,000 after acquiring an additional 144,757 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Down 2.0%

HON opened at $215.07 on Wednesday. The stock has a market capitalization of $136.55 billion, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 2.41 and a beta of 0.95. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36. Honeywell International Inc. has a one year low of $169.21 and a one year high of $228.04. The business’s 50-day simple moving average is $198.08 and its 200-day simple moving average is $209.54.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The firm had revenue of $10.41 billion for the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter last year, the business posted $2.58 EPS. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. 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. Analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Wall Street Analyst Weigh In

HON has been the topic of a number of analyst reports. BNP Paribas Exane initiated coverage on shares of Honeywell International in a report on Wednesday, December 3rd. They issued a “neutral” rating and a $195.00 price objective on the stock. Evercore ISI assumed coverage on Honeywell International in a research note on Monday, December 15th. They issued an “outperform” rating and a $255.00 price target on the stock. Vertical Research downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target for the company. in a report on Monday, January 5th. The Goldman Sachs Group dropped their price objective on Honeywell International from $245.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Finally, Robert W. Baird cut their target price on Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a research report on Monday, October 13th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $236.48.

Honeywell International Company 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.