California State Teachers Retirement System Makes New Investment in Honeywell International Inc. $HON

California State Teachers Retirement System acquired a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 492,130 shares of the conglomerate's stock, valued at approximately $110,187,907. California State Teachers Retirement System owned approximately 0.16% of Honeywell International as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in HON. J. Stern & Co. LLP boosted its holdings in shares of Honeywell International by 22,704.6% during the 4th quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate's stock valued at $10,380,552,000 after purchasing an additional 52,975,716 shares during the last quarter. State Street Corp increased its position in shares of Honeywell International by 3.4% in the fourth quarter. State Street Corp now owns 31,677,082 shares of the conglomerate's stock valued at $6,179,882,000 after buying an additional 1,031,897 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Honeywell International by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate's stock valued at $3,066,520,000 after acquiring an additional 120,929 shares in the last quarter. Bank of America Corp DE raised its position in shares of Honeywell International by 0.3% during the 1st quarter. Bank of America Corp DE now owns 9,124,527 shares of the conglomerate's stock worth $2,062,417,000 after purchasing an additional 31,551 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Honeywell International by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 10,227,201 shares of the conglomerate's stock worth $1,995,224,000 after acquiring an additional 30,658 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Honeywell announced the global deployment of its LenelS2 OnGuard access-control platform across U.S. Marine Corps barracks. The Barracks 2030 program could support Honeywell’s government-security business, while reported operating-cost reductions and industry awards provide additional validation. Honeywell Technologies Modernizes Barracks Access Management for U.S. Marine Corps Worldwide
• Positive Sentiment: Honeywell Aerospace CEO Vimal Kapur described GE Aerospace’s planned $12 billion acquisition of castings supplier CPP as positive for the aerospace industry. The comments suggest potential opportunities to bring more outsourced manufacturing capabilities in-house, which could benefit aerospace supply-chain capacity over time. Honeywell Aero CEO calls planned GE Aerospace-CPP deal positive for industry
• Neutral Sentiment: Industry research projects growth in aircraft mission computers and Europe’s molecular-sieves markets, areas in which Honeywell participates. The reports indicate long-term demand opportunities from avionics modernization, cybersecurity, medical oxygen, hydrogen and refinery upgrades, but provide no company-specific estimates or new orders. Aircraft Mission Computers Market Outlook 2026-2035 Europe Molecular Sieves Market Forecasts Growth
• Negative Sentiment: Melius Research downgraded HON from “buy” to “hold” and assigned a $190 price target, implying further downside from recent trading levels. The weaker recommendation may add selling pressure and reinforce concerns about valuation or near-term growth.
• Negative Sentiment: Honeywell Aerospace agreed to pay $2 million to resolve U.S. Department of Justice claims involving alleged cybersecurity compliance deficiencies. Although the financial cost is limited, the settlement creates reputational and compliance concerns for Honeywell’s defense-related operations. Honeywell Aerospace settles with DOJ for $2M over cybersecurity claims

Insider Activity at Honeywell International

In other Honeywell International news, CEO Kenneth West sold 17,032 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $243.77, for a total value of $4,151,890.64. Following the sale, the chief executive officer directly owned 2,132 shares of the company's stock, valued at $519,717.64. This trade represents a 88.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by company insiders.

Honeywell International Trading Down 0.4%

Shares of Honeywell International stock traded down $0.82 on Tuesday, hitting $200.56. 1,112,240 shares of the company's stock traded hands, compared to its average volume of 4,013,348. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. The company has a fifty day moving average of $225.92 and a two-hundred day moving average of $226.37. Honeywell International Inc. has a one year low of $196.59 and a one year high of $261.24. The company has a market capitalization of $63.57 billion, a price-to-earnings ratio of 7.75, a price-to-earnings-growth ratio of 3.39 and a beta of 0.87.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.15. The business had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.Honeywell International's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period last year, the company earned $1.77 EPS. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. As a group, sell-side analysts expect that Honeywell International Inc. will post 8.29 earnings per share for the current year.

Honeywell International Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.80 annualized dividend and a dividend yield of 1.4%. Honeywell International's payout ratio is 36.80%.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of analyst reports. Royal Bank Of Canada decreased their price objective on shares of Honeywell International from $298.00 to $293.00 and set an "outperform" rating for the company in a research report on Tuesday, August 18th. Citigroup upped their target price on Honeywell International from $260.00 to $279.00 and gave the company a "buy" rating in a report on Friday, July 24th. Wolfe Research raised Honeywell International to a "hold" rating in a report on Monday, June 29th. Morgan Stanley raised their price target on Honeywell International from $245.00 to $250.00 and gave the stock an "equal weight" rating in a report on Monday, August 31st. Finally, Sanford C. Bernstein began coverage on shares of Honeywell International in a research note on Wednesday, June 10th. They issued a "market perform" rating and a $233.00 price objective for the company. Thirteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, Honeywell International presently has a consensus rating of "Moderate Buy" and an average target price of $251.48.

About Honeywell International

Honeywell International Inc NASDAQ: HON is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.

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