Argent Trust Co Cuts Stock Position in Honeywell International Inc. $HON

Argent Trust Co trimmed its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,249 shares of the conglomerate’s stock after selling 3,165 shares during the period. Argent Trust Co’s holdings in Honeywell International were worth $20,892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HON. Laurel Wealth Advisors LLC grew its holdings in Honeywell International by 23,503.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock valued at $865,506,000 after buying an additional 3,700,786 shares in the last quarter. Bank of Nova Scotia boosted its position in shares of Honeywell International by 171.8% during the second quarter. Bank of Nova Scotia now owns 806,053 shares of the conglomerate’s stock worth $187,713,000 after acquiring an additional 509,456 shares during the last quarter. Primecap Management Co. CA purchased a new position in Honeywell International during the third quarter valued at $89,968,000. Holocene Advisors LP bought a new stake in Honeywell International in the 2nd quarter valued at $93,152,000. Finally, SG Americas Securities LLC increased its holdings in Honeywell International by 357.2% in the 2nd quarter. SG Americas Securities LLC now owns 275,160 shares of the conglomerate’s stock valued at $64,079,000 after acquiring an additional 382,152 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director owned 31,081 shares in the company, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This trade represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 18,190 shares of company stock valued at $4,244,287 over the last three months. 0.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Honeywell International in a report on Monday, December 29th. TD Cowen cut their price target on Honeywell International from $250.00 to $240.00 and set a “buy” rating for the company in a report on Monday, November 10th. Daiwa Securities Group lifted their price objective on Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Wells Fargo & Company increased their target price on Honeywell International from $215.00 to $235.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Finally, Argus boosted their price target on shares of Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $249.48.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Wolfe Research upgraded Honeywell to Buy (outperform) and set a $293 price target, citing momentum ahead of an aerospace spinoff that could unlock value. Honeywell upgraded at Wolfe
• Positive Sentiment: Recent quarterly results beat expectations (EPS and revenue growth) and management guidance implies continued margin/earnings leverage — supports multiple expansion and the premium valuation investors are assigning.
• Positive Sentiment: Honeywell said it is resetting Catalyst deal terms and timeline while targeting EPS growth, which investors may view as clarifying the path to accretive outcomes from the transaction. Honeywell Resets Catalyst Deal Terms And Timeline
• Neutral Sentiment: Reported short-interest data in recent filings is noisy/insignificant (the published figures are effectively zero/invalid), so there’s no clear short-pressure signal to explain price moves at this time.
• Neutral Sentiment: Honeywell has outperformed the S&P 500 recently and analysts remain moderately optimistic — supportive context but not a fresh catalyst. Is Honeywell Outperforming the S&P 500?
• Negative Sentiment: Suppliers to U.S. aerospace and semiconductor firms are facing rare-earth shortages ahead of geopolitical talks, a supply constraint that could pressure Honeywell’s aerospace operations and margins. Market Chatter: US Aerospace, Chip Firms Grappling With Rare Earth Shortages
• Negative Sentiment: Wider market weakness (recent pullbacks in major indices) is a potential headwind for near-term performance despite company-specific positives. Top Midday Stories

Honeywell International Stock Performance

NASDAQ:HON opened at $243.59 on Friday. The firm has a market capitalization of $154.85 billion, a PE ratio of 30.49, a PEG ratio of 3.49 and a beta of 0.94. The stock’s fifty day moving average is $221.08 and its 200 day moving average is $210.92. 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.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The business had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.47 earnings per share. On average, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a $1.19 dividend. 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 dividend payout ratio is presently 59.57%.

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.