Penserra Capital Management LLC Acquires 42,521 Shares of Honeywell International Inc. $HON

Penserra Capital Management LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 45.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,419 shares of the conglomerate’s stock after buying an additional 42,521 shares during the period. Penserra Capital Management LLC’s holdings in Honeywell International were worth $28,504,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Armstrong Fleming & Moore Inc bought a new stake in shares of Honeywell International during the 2nd quarter valued at $998,000. Lockheed Martin Investment Management Co. bought a new stake in shares of Honeywell International during the third quarter valued at about $4,147,000. Triton Financial Group Inc purchased a new stake in shares of Honeywell International in the second quarter worth about $1,001,000. Managed Asset Portfolios LLC boosted its position in shares of Honeywell International by 2.3% in the second quarter. Managed Asset Portfolios LLC now owns 95,833 shares of the conglomerate’s stock valued at $22,317,000 after acquiring an additional 2,154 shares during the period. Finally, Baxter Bros Inc. grew its stake in Honeywell International by 14.6% during the second quarter. Baxter Bros Inc. now owns 35,733 shares of the conglomerate’s stock valued at $8,321,000 after acquiring an additional 4,543 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Trending Headlines about Honeywell International

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

Honeywell International Price Performance

HON opened at $230.91 on Wednesday. The company has a current ratio of 1.32, a quick ratio of 1.05 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of $146.60 billion, a P/E ratio of 28.90, a PEG ratio of 2.65 and a beta of 0.94. The stock has a 50-day moving average price of $204.05 and a 200-day moving average price of $208.55. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $231.76.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 40.40% and a net margin of 12.74%.The company had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. During the same quarter in the previous year, the company posted $2.47 EPS. Honeywell International’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Insider Activity at Honeywell International

In related news, VP Robert D. Mailloux sold 10,549 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the transaction, the vice president owned 4,803 shares of the company’s stock, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on HON shares. Barclays raised their price target on shares of Honeywell International from $250.00 to $259.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Bank of America reissued an “underperform” rating and set a $205.00 price objective (down previously from $265.00) on shares of Honeywell International in a research note on Tuesday, November 18th. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $240.00 in a research report on Tuesday. Rothschild & Co Redburn raised their price target on Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a report on Monday. Finally, BNP Paribas Exane boosted their price objective on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday. Eleven equities 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $244.50.

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.