Aventura Private Wealth LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,322 shares of the conglomerate’s stock, valued at approximately $453,000.
Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. Acadian Asset Management LLC grew its holdings in Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after buying an additional 2,629 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after buying an additional 1,223 shares during the period. PKS Advisory Services LLC bought a new stake in shares of Honeywell International during the second quarter valued at about $230,000. Finally, Catalyst Funds Management Pty Ltd purchased a new stake in shares of Honeywell International in the second quarter worth about $536,000. 75.91% of the stock is currently owned by institutional investors.
Honeywell International News Summary
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Honeywell launched an AI tool to predict industrial disruptions, which could strengthen its software/recurring-revenue profile and long-term growth narrative. Honeywell debuts AI tool
- Positive Sentiment: A recent upgrade/recommendation appeared in CNBC’s roundup, signaling some analyst confidence that could support the stock longer term if fundamentals keep improving. CNBC upgrade
- Neutral Sentiment: Honeywell formally announced pricing terms for its debt tender offers (large aggregate caps for Dollar and Euro securities). This is a financing/portfolio-management move rather than an operational update; how markets interpret it depends on perceived cost and timing. Tender offer pricing
- Neutral Sentiment: The company reported early participation results and an upsizing of the Euro tender offer, showing strong bondholder response — an execution detail that reduces outstanding maturities if accepted but increases near-term cash outflow. Early participation & upsizing
- Negative Sentiment: Market reaction: several outlets note the stock fell more than the broader market after the debt tender news — investors appear concerned the moves amount to rolling or refinancing debt rather than reducing leverage, prompting profit-taking. Price-drop coverage
- Negative Sentiment: Commentary and retail-focused coverage framed the tender activity as “rolling over” debt, which can be read as a missed opportunity to de-lever; that narrative likely amplified selling pressure today. Investor reaction analysis
Honeywell International Price Performance
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.05. The company 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%. Honeywell International’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.47 earnings per share. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.
Honeywell International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is presently 59.57%.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Honeywell International from $215.00 to $235.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Robert W. Baird increased their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Morgan Stanley raised their price target on shares of Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. The Goldman Sachs Group upped their price objective on shares of Honeywell International from $236.00 to $262.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Honeywell International from $273.00 to $292.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Twelve 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $251.65.
Check Out Our Latest Research Report on HON
Insider Activity
In other news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction that occurred 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 completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 18,190 shares of company stock valued at $4,244,287. 0.20% of the stock is owned by company insiders.
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.
See Also
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