Sagespring Wealth Partners LLC Sells 11,324 Shares of Honeywell International Inc. $HON

Sagespring Wealth Partners LLC reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 65.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,861 shares of the conglomerate’s stock after selling 11,324 shares during the period. Sagespring Wealth Partners LLC’s holdings in Honeywell International were worth $1,143,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HON. Brighton Jones LLC raised its holdings in shares of Honeywell International by 9.1% in the fourth 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 last quarter. Acadian Asset Management LLC grew its holdings in Honeywell International by 145.7% during the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after purchasing an additional 2,629 shares during the period. Schnieders Capital Management LLC. increased its holdings in shares of Honeywell International by 18.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after acquiring an additional 1,223 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Honeywell International in the second quarter valued at $741,000. Finally, Magnetar Financial LLC acquired a new position in Honeywell International in the 2nd quarter valued at about $742,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Key Headlines Impacting Honeywell International

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

Insider Activity

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of the company’s stock in a transaction dated 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 sale, the vice president directly owned 4,803 shares of the company’s stock, valued at approximately $1,099,887. This represents a 68.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director D Scott Davis sold 2,367 shares of the company’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 completion of the transaction, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 18,190 shares of company stock worth $4,244,287. 0.41% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

HON has been the topic of several recent research reports. Wells Fargo & Company increased their price objective on Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Friday, January 30th. Sanford C. Bernstein set a $255.00 price objective on shares of Honeywell International in a research report on Friday, January 16th. Citigroup boosted their target price on Honeywell International from $262.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. increased their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Honeywell International from $273.00 to $292.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $251.65.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $221.50 on Monday. Honeywell International Inc. has a twelve month low of $169.21 and a twelve month high of $248.18. The firm has a market capitalization of $140.80 billion, a price-to-earnings ratio of 27.72, a PEG ratio of 3.20 and a beta of 0.92. The stock’s 50 day moving average is $232.35 and its 200-day moving average is $212.66. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last issued 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 firm 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 40.64%. The business’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $2.47 earnings per share. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International’s payout ratio is currently 59.57%.

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.