Honeywell International Inc. $HON Shares Purchased by Geode Capital Management LLC

Key Points

• Geode Capital Management increased its Honeywell stake by 0.8% in the fourth quarter, bringing its holdings to 15.7 million shares worth about $3.07 billion. Institutional ownership in Honeywell remains very high at 75.91%.
• Honeywell’s latest earnings beat expectations on EPS, reporting $2.45 per share versus the $2.32 consensus, though revenue came in slightly below estimates at $9.14 billion. The company also issued FY2026 guidance of $10.35 to $10.65 EPS.
• Several analyst updates were mixed but generally constructive: Barclays raised its price target to $251, while Citigroup, RBC, and Evercore also maintained bullish views. Honeywell’s upcoming quarterly dividend is $1.19 per share, implying a 2.1% yield.

Geode Capital Management LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,716,647 shares of the conglomerate's stock after acquiring an additional 120,929 shares during the period. Geode Capital Management LLC owned 2.48% of Honeywell International worth $3,066,520,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in HON. SG Americas Securities LLC grew its stake in Honeywell International by 15,459.1% in the 4th 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. grew its stake in Honeywell International by 28.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate's stock valued at $2,146,372,000 after acquiring an additional 2,277,234 shares during the last quarter. Mizuho Markets Americas LLC grew its stake in Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate's stock valued at $398,374,000 after acquiring an additional 1,842,000 shares during the last quarter. Marshall Wace LLP boosted its stake 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 worth $388,379,000 after purchasing an additional 1,042,972 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Honeywell International by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate's stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

More Honeywell International News

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

• Positive Sentiment: Barclays raised its price target on Honeywell International (HON) to $251 from $243 and kept an overweight rating, signaling improved confidence in the stock’s upside potential.
• Positive Sentiment: Honeywell-backed quantum computing unit Quantinuum has launched IPO plans, with pricing set between $45 and $50 per share, potentially highlighting value creation from Honeywell’s portfolio. This Year’s Biggest Quantum IPO Is Coming
• Neutral Sentiment: Honeywell shareholders approved the company’s board slate and reverse split at the annual meeting, a governance and capital structure update that is important but not necessarily a direct earnings driver. Honeywell Shareholders Approve Board Slate and Reverse Split
• Neutral Sentiment: Recent commentary comparing Honeywell to other value stocks and broad tech-sector strength adds background context, but does not appear to be a major direct catalyst for HON today.

Honeywell International Price Performance

HON opened at $231.55 on Thursday. The company's 50 day simple moving average is $223.40 and its 200 day simple moving average is $217.39. 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 1 year low of $186.76 and a 1 year high of $248.18. The stock has a market capitalization of $146.72 billion, a PE ratio of 32.80, a P/E/G ratio of 3.31 and a beta of 0.82.

Honeywell International (NASDAQ:HON - Get Free Report) last released its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.14 billion for the quarter, compared to analysts' expectations of $9.30 billion. During the same period last year, the company earned $2.21 earnings per share. The company's quarterly revenue was up 2.4% on a year-over-year basis. 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, sell-side analysts expect that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given 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 2.1%. Honeywell International's dividend payout ratio (DPR) is currently 67.42%.

Analysts Set New Price Targets

Several research firms have issued reports on HON. Citigroup decreased their price target on shares of Honeywell International from $265.00 to $257.00 and set a "buy" rating on the stock in a research note on Friday, April 24th. Weiss Ratings cut shares of Honeywell International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $268.00 price target on shares of Honeywell International in a research note on Monday, April 27th. Evercore raised their price target on shares of Honeywell International from $255.00 to $265.00 and gave the stock an "outperform" rating in a research note on Friday, January 30th. Finally, Rothschild & Co Redburn decreased their price target on shares of Honeywell International from $235.00 to $225.00 and set a "neutral" rating on the stock in a research note on Thursday, May 21st. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $248.17.

About Honeywell International

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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