Adell Harriman & Carpenter Inc. lowered its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 6.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,878 shares of the conglomerate’s stock after selling 2,314 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Honeywell International were worth $7,131,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Chung Wu Investment Group LLC bought a new position in shares of Honeywell International in the second quarter valued at approximately $26,000. Barnes Dennig Private Wealth Management LLC grew its stake 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 buying an additional 118 shares during the last quarter. RMG Wealth Management LLC bought a new position in Honeywell International in the 2nd quarter worth $33,000. Activest Wealth Management lifted its position in Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 115 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new position in Honeywell International during the 2nd quarter worth $33,000. Institutional investors own 75.91% of the company’s stock.
Honeywell International News Roundup
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Multiple brokerages raised price targets to $240 (Jefferies and Daiwa), signaling stronger analyst conviction that supports near-term buying interest. Jefferies PT to $240 Daiwa PT to $240
- Positive Sentiment: Several outlets published higher targets (range into the mid‑$200s, with some posts up to ~$273), adding buying pressure from investors chasing analyst-led momentum. Example: AmericanBankingNews coverage of raised targets. Example PT raise
- Positive Sentiment: Product/market development — Honeywell is promoting its SkyShot uncrewed fighter engine in Asia, highlighting defense / aerospace growth opportunities that can support longer‑term revenue expansion. SkyShot article
- Neutral Sentiment: Rothschild & Co Redburn raised its target to $235 but kept a “neutral” rating — a modest positive signal but not an explicit buy recommendation, so limited directional impact. Rothschild PT to $235
- Neutral Sentiment: Operational/region-specific noise — Honeywell Automation India reported a quarterly profit slip on higher costs and a one‑time charge; likely limited to the India-listed unit rather than a major driver for Honeywell’s consolidated results. Automation India profit slip
- Negative Sentiment: Insider selling — VP Robert D. Mailloux sold 10,549 shares (large reduction in his position), which can be perceived as a negative signal by some investors even if sales are for personal reasons. SEC filing: SEC Form 4
- Negative Sentiment: Analytical criticism — a recent piece flagged unattractive return trends at Honeywell, which can weigh on sentiment for value‑focused investors. Return trends article
- Negative Sentiment: BNP Paribas Exane raised its target to $215 but that level implies downside versus current trading, which may temper enthusiasm from investors who follow that house view. BNP Paribas PT to $215
Insider Buying and Selling
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on HON. Deutsche Bank Aktiengesellschaft raised their price target on Honeywell International from $259.00 to $273.00 and gave the company a “buy” rating in a research report on Friday, January 30th. TD Cowen lowered their target price on Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Wells Fargo & Company upped their price target on Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Robert W. Baird increased their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada boosted their target price on shares of Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $244.50.
View Our Latest Stock Report on Honeywell International
Honeywell International Stock Up 1.5%
HON opened at $230.91 on Wednesday. The company has a market capitalization of $146.60 billion, a P/E ratio of 28.90, a P/E/G ratio of 2.65 and a beta of 0.94. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.32 and a quick ratio of 1.05. The firm’s fifty day moving average price is $204.05 and its two-hundred day moving average price is $208.55. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $231.76.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The company had revenue of $10.07 billion during 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 40.40%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.47 EPS. On average, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current 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.
Featured Articles
- Five stocks we like better than Honeywell International
- Your Bank Account Is No Longer Safe
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
- 1 Hour Once A Day
- [No Brainer Gold Play]: “Show me a better investment.”
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.
