Grove Bank & Trust Buys 3,226 Shares of Honeywell International Inc. $HON

Grove Bank & Trust raised its stake in Honeywell International Inc. (NASDAQ:HON) by 74.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,548 shares of the conglomerate’s stock after purchasing an additional 3,226 shares during the quarter. Grove Bank & Trust’s holdings in Honeywell International were worth $1,473,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Holos Integrated Wealth LLC bought a new position in Honeywell International during the 4th quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 118 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth $31,000. Howard Hughes Medical Institute purchased a new stake in shares of Honeywell International in the second quarter valued at about $33,000. Finally, Cedar Mountain Advisors LLC raised its holdings in shares of Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 84 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 3.3%

Shares of Honeywell International stock opened at $221.50 on Friday. The stock has a market capitalization of $140.80 billion, a P/E ratio of 27.72, a P/E/G ratio of 3.20 and a beta of 0.92. Honeywell International Inc. has a 52-week low of $169.21 and a 52-week 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 stock’s 50-day simple moving average is $232.35 and its 200 day simple moving average is $212.67.

Honeywell International (NASDAQ:HON) last issued 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. The firm had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business earned $2.47 earnings per share. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $1.19 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s dividend payout ratio (DPR) is 59.57%.

Analyst Ratings Changes

HON has been the topic of several analyst reports. 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 report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Honeywell International from $273.00 to $292.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Barclays lifted their target price on shares of Honeywell International from $259.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Citigroup upped their target price on Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group increased their price target on Honeywell International from $236.00 to $262.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $251.65.

Insider Buying and Selling

In other news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction on Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 18,190 shares of company stock valued at $4,244,287 over the last quarter. 0.20% of the stock is owned by company insiders.

More Honeywell International News

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 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.