Harel Insurance Investments & Financial Services Ltd. Purchases 329,276 Shares of Honeywell International Inc. $HON

Harel Insurance Investments & Financial Services Ltd. lifted its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 83.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 721,851 shares of the conglomerate's stock after purchasing an additional 329,276 shares during the period. Honeywell International accounts for approximately 1.2% of Harel Insurance Investments & Financial Services Ltd.'s holdings, making the stock its 26th largest holding. Harel Insurance Investments & Financial Services Ltd. owned about 0.11% of Honeywell International worth $140,824,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. SBI Securities Co. Ltd. boosted its position in shares of Honeywell International by 21.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,628 shares of the conglomerate's stock worth $318,000 after purchasing an additional 285 shares during the last quarter. Garner Asset Management Corp bought a new position in shares of Honeywell International in the 4th quarter worth $49,000. Alpha Cubed Investments LLC boosted its position in shares of Honeywell International by 2.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 5,398 shares of the conglomerate's stock worth $1,053,000 after purchasing an additional 123 shares during the last quarter. McIlrath & Eck LLC boosted its position in shares of Honeywell International by 359.6% in the 4th quarter. McIlrath & Eck LLC now owns 239 shares of the conglomerate's stock worth $47,000 after purchasing an additional 187 shares during the last quarter. Finally, PKS Advisory Services LLC bought a new position in shares of Honeywell International in the 4th quarter worth $259,000. 75.91% of the stock is currently owned by institutional investors.

Insider Activity

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director owned 31,081 shares of the company's stock, valued at $7,459,440. This trade represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of Honeywell International stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the sale, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This represents a 52.34% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.15% of the company's stock.

Analyst Upgrades and Downgrades

HON has been the topic of several recent research reports. Citigroup reduced their price target on Honeywell International from $265.00 to $257.00 and set a "buy" rating on the stock in a research report on Friday, April 24th. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a research report on Friday, January 16th. Wolfe Research raised their price target on Honeywell International from $293.00 to $296.00 and gave the stock an "outperform" rating in a research report on Thursday, March 26th. Morgan Stanley raised their price target on Honeywell International from $235.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 12th. Finally, Jefferies Financial Group reduced their price target on Honeywell International from $245.00 to $240.00 and set a "hold" rating on the stock in a research report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $250.00.

Honeywell International Stock Performance

HON stock opened at $209.06 on Wednesday. The business's 50-day moving average price is $229.76 and its two-hundred day moving average price is $215.76. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The firm has a market cap of $132.47 billion, a PE ratio of 29.61, a P/E/G ratio of 2.99 and a beta of 0.82. Honeywell International Inc. has a 1-year low of $186.76 and a 1-year high of $248.18.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.13. The firm had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.21 earnings per share. 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. As a group, research analysts forecast that Honeywell International Inc. will post 10.54 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a $1.19 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. 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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