Citizens & Northern Corp Cuts Stock Holdings in Honeywell International Inc. $HON

Key Points

• Citizens & Northern Corp cut its stake in Honeywell by 79.8% in Q4, selling 7,353 shares and holding 1,856 shares worth about $362,000.
• Honeywell posted a Q1 adjusted EPS beat of $2.45 but missed revenue at $9.14B versus expectations, and management trimmed near-term guidance and cash-flow outlooks, which pressured the stock (down ~2.6%).
• Major institutions aggressively shifted positions—SG Americas bought roughly 4.03M shares and firms like Franklin, Marshall Wace, Two Sigma and Boston Partners also added exposure—leaving institutional ownership at about 75.91%.

Citizens & Northern Corp reduced its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 79.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,856 shares of the conglomerate's stock after selling 7,353 shares during the period. Citizens & Northern Corp's holdings in Honeywell International were worth $362,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HON. SG Americas Securities LLC raised its holdings in Honeywell International by 15,459.1% during the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate's stock worth $791,667,000 after purchasing an additional 4,031,879 shares in the last quarter. Franklin Resources Inc. raised its holdings 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 in the last quarter. Marshall Wace LLP raised its holdings in Honeywell International by 130.0% during the third quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate's stock worth $388,379,000 after purchasing an additional 1,042,972 shares in the last quarter. Two Sigma Investments LP raised its holdings in Honeywell International by 424.3% during the third quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate's stock worth $242,865,000 after purchasing an additional 933,694 shares in the last quarter. Finally, Boston Partners raised its holdings in Honeywell International by 21.6% during the third quarter. Boston Partners now owns 3,535,270 shares of the conglomerate's stock worth $744,054,000 after purchasing an additional 626,960 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 2.6%

Shares of Honeywell International stock opened at $214.34 on Friday. Honeywell International Inc. has a 12-month low of $185.13 and a 12-month high of $248.18. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 1.81. The stock has a market cap of $135.82 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 3.19 and a beta of 0.93. The company has a 50-day moving average of $233.35 and a two-hundred day moving average of $215.37.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.13. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The company had revenue of $9.14 billion during the quarter, compared to analysts' expectations of $9.30 billion. During the same period last year, the company posted $2.21 earnings per share. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. 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. On average, research analysts anticipate that Honeywell International Inc. will post 10.5 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International's dividend payout ratio (DPR) is 59.57%.

Key Stories Impacting Honeywell International

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

• Positive Sentiment: Q1 adjusted EPS beat and underlying strength: Honeywell reported adjusted EPS of $2.45 (above consensus) with solid margins and ROE, showing profit resilience despite a tough top line. HONEYWELL REPORTS FIRST-QUARTER RESULTS AND REAFFIRMS 2026 OUTLOOK; ANNOUNCES SALE OF WAREHOUSE AND WORKFLOW SOLUTIONS
• Positive Sentiment: Order growth and backlog support near-term revenue visibility: Orders rose ~7% and backlog stands near $38B, which helps revenue visibility as restructuring proceeds. HONEYWELL REPORTS FIRST-QUARTER RESULTS AND REAFFIRMS 2026 OUTLOOK; ANNOUNCES SALE OF WAREHOUSE AND WORKFLOW SOLUTIONS
• Positive Sentiment: Asset-sale and spinoff progress could unlock value: Honeywell signed a definitive agreement to sell its Warehouse & Workflow Solutions unit to American Industrial Partners and confirmed an Aerospace spinoff date, reducing conglomerate complexity. American Industrial Partners to Acquire Honeywell's Warehouse and Workflow Solutions Business
• Positive Sentiment: Quantinuum IPO underway: The company’s majority-owned quantum unit has confidentially filed for a U.S. IPO, a potential future catalyst for value realization. Honeywell's Quantinuum confidentially files for US IPO
• Neutral Sentiment: Segment realignment and reporting changes: Honeywell recast historical segment data and updated automation reporting — improves transparency but is not an immediate earnings driver. Honeywell Realigns Segments, Updates Automation Reporting Structure
• Negative Sentiment: Revenue miss and softer guidance weighed on sentiment: Q1 revenue missed estimates ($9.14B vs. ~$9.3B expected), and Q2 revenue/EPS guidance came in below Street forecasts, prompting investor concern. Honeywell declines after revenue miss, cash flow cut clouds profit beat
• Negative Sentiment: Geopolitical supply/shipping disruptions hit near-term outlook: Management flagged Middle East shipping disruptions that hurt visibility for Q2, a key driver of the trimmed near-term outlook. Honeywell stock falls as Middle East conflict hits Q2 outlook
• Negative Sentiment: Lowered operating cash-flow expectations and investor reaction: Management trimmed near-term cash-flow expectations and the market reacted negatively with elevated volume, amplifying the stock decline. Honeywell falls on revenue miss despite earnings beat

Insider Buying and Selling

In other news, VP Robert D. Mailloux sold 10,549 shares of the firm's 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 of the company's stock, valued at $1,099,887. This trade represents a 68.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the firm's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 18,190 shares of company stock valued at $4,244,287. Corporate insiders own 0.15% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Mizuho cut their price target on shares of Honeywell International from $250.00 to $240.00 and set an "outperform" rating for the company in a report on Monday, January 5th. Wall Street Zen raised shares of Honeywell International to a "hold" rating in a report on Saturday, January 3rd. Royal Bank Of Canada increased their price target on shares of Honeywell International from $249.00 to $268.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. JPMorgan Chase & Co. increased their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Finally, Sanford C. Bernstein set a $255.00 target price on shares of Honeywell International in a report on Friday, January 16th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $251.83.

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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