Clearstead Advisors LLC trimmed its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 11.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,290 shares of the conglomerate’s stock after selling 3,476 shares during the quarter. Clearstead Advisors LLC’s holdings in Honeywell International were worth $5,745,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of HON. Laurel Wealth Advisors LLC raised its position in Honeywell International by 23,503.0% during the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock valued at $865,506,000 after acquiring an additional 3,700,786 shares in the last quarter. Bank of Nova Scotia lifted its stake in shares of Honeywell International by 171.8% in the 2nd quarter. Bank of Nova Scotia now owns 806,053 shares of the conglomerate’s stock valued at $187,713,000 after purchasing an additional 509,456 shares during the period. Holocene Advisors LP purchased a new stake in Honeywell International during the second quarter worth $93,152,000. SG Americas Securities LLC grew its position in Honeywell International by 357.2% during the second quarter. SG Americas Securities LLC now owns 275,160 shares of the conglomerate’s stock valued at $64,079,000 after buying an additional 382,152 shares during the period. Finally, Marshall Wace LLP grew its position in Honeywell International by 88.1% during the second quarter. Marshall Wace LLP now owns 802,060 shares of the conglomerate’s stock valued at $186,784,000 after buying an additional 375,757 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Honeywell International Trading Down 0.4%
Shares of HON stock opened at $243.06 on Tuesday. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $246.00. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30. The stock’s fifty day moving average is $217.58 and its two-hundred day moving average is $210.10. The firm has a market capitalization of $154.51 billion, a P/E ratio of 30.42, a PEG ratio of 3.53 and a beta of 0.94.
Honeywell International Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. Honeywell International’s payout ratio is currently 59.57%.
Key Honeywell International News
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Honeywell agreed to an amended deal to acquire Johnson Matthey’s Catalyst Technologies business at a reduced total consideration of £1.325 billion, lowering its cash outlay and improving deal economics. PR Newswire: Amended Agreement
- Positive Sentiment: Market reports frame the price cut as roughly a 26% discount to the prior terms (~£1.8bn), which reduces acquisition risk and potential goodwill write-up for Honeywell. MarketWatch: $500M Off Deal
- Positive Sentiment: Goldman Sachs raised its price target on HON to $262 and kept a Buy rating, signaling continued analyst support and suggesting upside from current levels. MarketScreener: Goldman Sachs PT
- Neutral Sentiment: HON shares recently reached an all-time high, reflecting strong momentum — this likely prompted some investor rebalancing/short-term profit taking. Investing.com: All-time High
- Neutral Sentiment: The amended agreement extends the long‑stop date (deadline) to July 21, 2026, which lengthens timing uncertainty but gives more runway to close the transaction. Reuters: Deal Extension
- Negative Sentiment: Johnson Matthey cut the sale price because of deferred licensing projects and reduced catalyst profitability — a signal of underlying industry weakness that could limit near-term growth and margins from the acquired unit. WSJ: JM Lowers Price
- Negative Sentiment: Minor insider selling was reported (director sold ~$568k of HON stock), which can be interpreted as routine but may add modest near-term selling pressure. American Banking News: Insider Sale
Insider Buying and Selling
In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,190 shares of company stock valued at $4,244,287 over the last 90 days. Company insiders own 0.41% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on HON shares. Wells Fargo & Company increased their target price on shares of Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Mizuho dropped their price objective on Honeywell International from $250.00 to $240.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Citigroup increased their target price on Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, HSBC dropped their price target on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Eleven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.50.
Get Our Latest Research Report on Honeywell International
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.
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