Bank of New York Mellon Corp Purchases 149,155 Shares of Honeywell International Inc. $HON

Key Points

• Bank of New York Mellon increased its Honeywell stake by 2.3% in the fourth quarter, buying 149,155 additional shares and bringing its holdings to 6.61 million shares worth about $1.29 billion.
• Institutional ownership in Honeywell remains very high, with hedge funds and other investors owning 75.91% of the company. Several firms also added to their positions, including SG Americas Securities, Franklin Resources, and Mizuho Markets Americas.
• Honeywell posted better-than-expected quarterly earnings of $2.45 per share, though revenue slightly missed estimates, and the company reaffirmed FY 2026 EPS guidance of 10.35 to 10.65. Analysts currently view the stock as a Moderate Buy with an average target price of $247.29.

Bank of New York Mellon Corp boosted its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,611,494 shares of the conglomerate's stock after purchasing an additional 149,155 shares during the quarter. Bank of New York Mellon Corp owned about 1.04% of Honeywell International worth $1,289,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. SG Americas Securities LLC increased its stake in Honeywell International by 15,459.1% in the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate's stock valued at $791,667,000 after acquiring an additional 4,031,879 shares during the last quarter. Franklin Resources Inc. lifted its stake in Honeywell International by 28.8% during the third quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate's stock worth $2,146,372,000 after purchasing an additional 2,277,234 shares during the last quarter. Mizuho Markets Americas LLC boosted its holdings in shares of Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate's stock worth $398,374,000 after purchasing an additional 1,842,000 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Honeywell International during the 4th quarter valued at about $248,040,000. Finally, Marshall Wace LLP increased its position in shares of Honeywell International by 130.0% during the 3rd quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate's stock valued at $388,379,000 after purchasing an additional 1,042,972 shares during the last quarter. Hedge funds and other 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: Honeywell announced a new independent board member, Jill Evanko, which may support oversight as the company pushes ahead with its portfolio transformation and separation plans. HONEYWELL APPOINTS JILL EVANKO TO BOARD OF DIRECTORS
• Positive Sentiment: Honeywell’s industrial safety software expansion, adding predictive analytics and compliance tools, highlights continued investment in higher-value software offerings that could support growth. Honeywell expands industrial safety software with predictive analytics, compliance tools
• Positive Sentiment: Honeywell-backed Quantinuum raised its IPO target and valuation, which could reinforce investor interest in Honeywell’s quantum computing assets and improve the perceived value of its portfolio. Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO
• Neutral Sentiment: Honeywell said it will host an update call on June 8 and provide preliminary 2026 outlook details for the remaining company after the aerospace spin-off, keeping the market focused on execution and future guidance. HONEYWELL TO HOST 2026 UPDATE CALL AND INTRODUCE OUTLOOK FOR HONEYWELL TECHNOLOGIES (REMAINCO)
• Neutral Sentiment: Coverage ahead of the aerospace spin-off and analyst commentary suggest the market is still evaluating whether Honeywell Aerospace can accelerate growth after separation. Honeywell Aerospace Stock Needs to Do Better. There's Only One Way That Happens.
• Negative Sentiment: Reports of layoffs ahead of the aerospace spinoff may signal restructuring pressure and near-term disruption, which can weigh on sentiment. Honeywell to lay off 60 Valley workers ahead of aerospace company spinoff
• Negative Sentiment: Several articles questioned Honeywell Aerospace’s growth outlook, and that skepticism may be contributing to weakness in the stock as investors wait for clearer proof of improvement. Daily Memo: What Honeywell Aerospace Has To Prove

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HON shares. Daiwa Securities Group boosted their target price on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Rothschild & Co Redburn lowered their price objective on shares of Honeywell International from $235.00 to $225.00 and set a "neutral" rating for the company in a report on Thursday, May 21st. Morgan Stanley upped their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the company an "equal weight" rating in a research note on Thursday, March 12th. Wells Fargo & Company reduced their target price on shares of Honeywell International from $235.00 to $230.00 and set an "equal weight" rating on the stock in a report on Friday, April 24th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $268.00 target price on shares of Honeywell International in a research report on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $247.29.

Honeywell International Stock Down 0.6%

Shares of Honeywell International stock opened at $235.23 on Wednesday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. Honeywell International Inc. has a 52-week low of $186.76 and a 52-week high of $248.18. The company's 50 day moving average price is $223.75 and its 200-day moving average price is $218.21. The stock has a market capitalization of $149.05 billion, a price-to-earnings ratio of 33.32, a P/E/G ratio of 3.38 and a beta of 0.85.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analysts' expectations of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.21 EPS. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Equities research analysts forecast that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 15th. Honeywell International's dividend payout ratio (DPR) is currently 67.42%.

Honeywell International 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.

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