Honeywell International Inc. $HON Stock Position Raised by AXQ Capital LP

Key Points

• AXQ Capital LP increased its Honeywell stake by 54.5% in the fourth quarter, bringing its holdings to 12,862 shares worth about $2.51 million. Honeywell now ranks as the fund’s 10th largest position.
• Honeywell reported better-than-expected quarterly earnings of $2.45 per share, beating estimates by $0.13, though revenue of $9.14 billion came in slightly below forecasts. The company also reaffirmed strong guidance, including FY 2026 EPS of $10.35 to $10.65.
• The company declared a quarterly dividend of $1.19 per share, or $4.76 annually, implying a 2.0% yield. Meanwhile, recent news highlights Honeywell’s restructuring plans, including the Quantinuum IPO upsizing and upcoming updates on its post-spin businesses.

AXQ Capital LP grew its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 54.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,862 shares of the conglomerate's stock after acquiring an additional 4,536 shares during the period. Honeywell International accounts for approximately 0.6% of AXQ Capital LP's portfolio, making the stock its 10th largest holding. AXQ Capital LP's holdings in Honeywell International were worth $2,509,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Holos Integrated Wealth LLC purchased a new stake in shares of Honeywell International during the fourth quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Honeywell International in the fourth quarter worth $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Honeywell International in the fourth quarter worth $29,000. JPL Wealth Management LLC purchased a new stake in shares of Honeywell International in the third quarter worth $31,000. Finally, Strive Asset Management LLC purchased a new stake in shares of Honeywell International in the third quarter worth $33,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.6%

HON opened at $236.54 on Tuesday. Honeywell International Inc. has a fifty-two week low of $186.76 and a fifty-two week high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The company has a fifty day moving average of $223.75 and a two-hundred day moving average of $218.21. The stock has a market capitalization of $149.88 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 3.40 and a beta of 0.85.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.32 by $0.13. The company 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. On average, research analysts expect that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.0%. Honeywell International's dividend payout ratio is currently 67.42%.

Key Honeywell International News

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

• Positive Sentiment: Honeywell’s Quantinuum unit is drawing attention after upsizing its U.S. IPO to as much as $1.46 billion and targeting a valuation of up to $14.3 billion, which could increase interest in Honeywell’s hidden value and validate its quantum computing investment. Reuters article on Quantinuum valuation
• Positive Sentiment: Honeywell unveiled new brand identities for its post-spin businesses, Honeywell Technologies and Honeywell Aerospace, reinforcing progress on the planned separation and giving investors more clarity on the restructuring. PR Newswire brand announcement
• Positive Sentiment: Honeywell announced it will host a June 8 update call and provide outlook guidance for Honeywell Technologies, which may help investors better value the remaining company after the aerospace spin-off. PR Newswire update call announcement
• Positive Sentiment: Honeywell appointed Jill Evanko, CEO of Duravant, to its board of directors, adding operational and governance expertise as the company moves through a major portfolio transition. PR Newswire board appointment
• Neutral Sentiment: Coverage around Honeywell’s new corporate identities, the aerospace spin-off timeline, and the NHL partnership adds visibility to its strategic shift, but these items are more about long-term repositioning than immediate financial impact.
• Neutral Sentiment: Analyst and market commentary remains generally constructive, with Honeywell already having outperformed the Nasdaq over the past year, suggesting the recent move is being supported by broader momentum as well as company-specific news.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HON. Argus increased their price objective on Honeywell International from $250.00 to $290.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Barclays increased their price objective on Honeywell International from $243.00 to $251.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 27th. Morgan Stanley increased their price objective 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. Weiss Ratings downgraded Honeywell International from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 13th. Finally, BNP Paribas Exane increased their price objective on Honeywell International from $195.00 to $215.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Thirteen 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. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $247.29.

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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