Krilogy Financial LLC Grows Position in Honeywell International Inc. $HON

Key Points

• Krilogy Financial LLC increased its stake in Honeywell by 31.2% in Q4 to 20,697 shares, worth about $4.04 million, while institutional investors collectively own roughly 75.91% of the company.
• Honeywell topped its latest quarter with EPS of $2.59 (vs. $2.54 est.) and $10.07 billion in revenue, and it recently declared a quarterly dividend of $1.19 (annualized $4.76, ~2.0% yield).
• Operational catalysts include a partnership on a counter‑UAS defense program and continued earnings momentum, and analysts maintain a consensus rating of "Moderate Buy" with a ~$251.83 price target despite some short‑term volatility.

Krilogy Financial LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 31.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 20,697 shares of the conglomerate's stock after buying an additional 4,916 shares during the quarter. Krilogy Financial LLC's holdings in Honeywell International were worth $4,038,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Holos Integrated Wealth LLC purchased a new stake in shares of Honeywell International during the 4th quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Honeywell International by 491.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Honeywell International during the third quarter valued at approximately $31,000. Cedar Mountain Advisors LLC lifted its position in Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate's stock valued at $33,000 after purchasing an additional 84 shares during the period. Finally, Strive Asset Management LLC bought a new position in Honeywell International during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Key Honeywell International News

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

• Positive Sentiment: Defense/drone win: Honeywell announced a partnership with Odys Aviation to deliver a counter‑UAS (counter-unmanned aerial system), boosting its position in domestic military and homeland‑security programs and increasing the likelihood of follow‑on contract revenue. Honeywell International Inc. (HON): One of the Best Military Drone Stocks to Buy Right Now
• Positive Sentiment: Earnings momentum: Recent previews (Zacks/other outlets) flag Honeywell as likely to beat estimates — building on its Jan. 29 quarter where it topped EPS and revenue expectations — which supports upside from improving margins and recurring industrial demand. HON Expected to Beat Earnings Estimates
• Positive Sentiment: Aerospace/space credibility: CEO comments on Honeywell’s multidecade role in major space missions reinforce the company’s long‑term competitiveness in high‑margin aerospace and space systems, which can support valuation multiple expansion for the aerospace segment. Honeywell has been part of all major space missions for the last 50 years, CEO says
• Neutral Sentiment: Thematic exposure to AI infrastructure: Coverage listing Honeywell among firms that could benefit from AI data center needs (water/utility/industrial systems) highlights a potential long-term growth angle, but the linkage to near-term revenue is indirect. 6 Stocks That Can Benefit From the Massive Amount of Water That AI Data Centers Need
• Neutral Sentiment: Debt/bond note: A recent corporate bond listing is informational for fixed‑income investors but doesn’t materially change equity drivers in the near term. Honeywell International Inc.EO-Notes 2023(23/32) Bond
• Negative Sentiment: Short-term volatility: Coverage noted a yesterday’s close down ~1.2%, reflecting market/sector moves and reminding investors that shares can pull back on macro or profit‑taking even when company fundamentals look constructive. HON Stock Drops Despite Market Gains

Honeywell International Price Performance

Shares of HON stock opened at $233.55 on Monday. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 12 month low of $181.25 and a 12 month high of $248.18. The stock has a market cap of $147.99 billion, a P/E ratio of 29.23, a P/E/G ratio of 3.38 and a beta of 0.93. The company has a 50 day simple moving average of $234.93 and a two-hundred day simple moving average of $215.12.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.05. The business had revenue of $10.07 billion for the quarter, compared to analysts' expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The company's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.47 EPS. On average, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International's payout ratio is currently 59.57%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Citigroup lifted their target price on shares of Honeywell International from $262.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Vertical Research cut Honeywell International from a "buy" rating to a "hold" rating and set a $220.00 price target on the stock. in a report on Monday, January 5th. Mizuho dropped their price target on Honeywell International from $250.00 to $240.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Weiss Ratings lowered Honeywell International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 13th. Finally, Wall Street Zen upgraded Honeywell International to a "hold" rating in a research report on Saturday, January 3rd. Thirteen 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, the company has a consensus rating of "Moderate Buy" and a consensus price target of $251.83.

Insider Transactions at Honeywell International

In other 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 transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company's stock, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company's stock, valued at $1,147,917. This represents a 52.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 18,190 shares of company stock valued at $4,244,287. Company insiders own 0.15% of the company's stock.

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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