Honeywell International Inc. $HON Shares Bought by Chicago Capital LLC

Chicago Capital LLC raised its position in Honeywell International Inc. (NASDAQ:HONFree Report) by 17.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,463 shares of the conglomerate’s stock after buying an additional 3,454 shares during the quarter. Chicago Capital LLC’s holdings in Honeywell International were worth $4,577,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Holos Integrated Wealth LLC purchased a new stake in shares of Honeywell International in the 4th quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in Honeywell International by 491.7% in 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 in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter worth about $31,000. Cedar Mountain Advisors LLC increased its position in Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 84 shares in the last quarter. Finally, Strive Asset Management LLC acquired a new stake in Honeywell International in the third quarter valued at approximately $33,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 1.8%

HON opened at $233.55 on Friday. The business has a 50 day moving average price of $234.93 and a 200 day moving average price of $215.05. Honeywell International Inc. has a twelve month low of $181.25 and a twelve month high of $248.18. 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 firm has a market cap of $147.99 billion, a P/E ratio of 29.23, a price-to-earnings-growth ratio of 3.32 and a beta of 0.93.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.47 earnings per share. Research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were 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 was Friday, February 27th. Honeywell International’s dividend payout ratio is presently 59.57%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Vertical Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target for the company. in a research report on Monday, January 5th. The Goldman Sachs Group raised their target price on Honeywell International from $236.00 to $262.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Wall Street Zen upgraded Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a report on Friday, January 16th. Finally, Daiwa Securities Group lifted their target price on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Thirteen investment 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $251.83.

View Our Latest Report on Honeywell International

Insider Buying and Selling at Honeywell International

In other news, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the sale, the vice president owned 4,803 shares in the company, valued at approximately $1,147,917. This represents a 52.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at $7,459,440. This trade represents a 7.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,190 shares of company stock worth $4,244,287 in the last 90 days. Company insiders own 0.20% of the company’s stock.

Honeywell International News Roundup

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

  • Positive Sentiment: Defense/drone win: Honeywell announced a partnership with Odys Aviation to deliver a counter‑UAS (counter-unmanned aerial system), boosting its position in domestic military and homeland‑security programs and increasing the likelihood of follow‑on contract revenue. Honeywell International Inc. (HON): One of the Best Military Drone Stocks to Buy Right Now
  • Positive Sentiment: Earnings momentum: Recent previews (Zacks/other outlets) flag Honeywell as likely to beat estimates — building on its Jan. 29 quarter where it topped EPS and revenue expectations — which supports upside from improving margins and recurring industrial demand. HON Expected to Beat Earnings Estimates
  • Positive Sentiment: Aerospace/space credibility: CEO comments on Honeywell’s multidecade role in major space missions reinforce the company’s long‑term competitiveness in high‑margin aerospace and space systems, which can support valuation multiple expansion for the aerospace segment. Honeywell has been part of all major space missions for the last 50 years, CEO says
  • Neutral Sentiment: Thematic exposure to AI infrastructure: Coverage listing Honeywell among firms that could benefit from AI data center needs (water/utility/industrial systems) highlights a potential long-term growth angle, but the linkage to near-term revenue is indirect. 6 Stocks That Can Benefit From the Massive Amount of Water That AI Data Centers Need
  • Neutral Sentiment: Debt/bond note: A recent corporate bond listing is informational for fixed‑income investors but doesn’t materially change equity drivers in the near term. Honeywell International Inc.EO-Notes 2023(23/32) Bond
  • Negative Sentiment: Short-term volatility: Coverage noted a yesterday’s close down ~1.2%, reflecting market/sector moves and reminding investors that shares can pull back on macro or profit‑taking even when company fundamentals look constructive. HON Stock Drops Despite Market Gains

About Honeywell International

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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