Mitsubishi UFJ Asset Management Co. Ltd. Raises Stock Position in Honeywell International Inc. $HON

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,683,119 shares of the conglomerate's stock after acquiring an additional 57,441 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.27% of Honeywell International worth $329,788,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Holos Integrated Wealth LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in Honeywell International in the fourth quarter valued at about $26,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate's stock worth $30,000 after acquiring an additional 118 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Honeywell International in the 3rd quarter worth $31,000. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate's stock worth $33,000 after purchasing an additional 84 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

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

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, beating 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 net margin of 11.37% and a return on equity of 42.29%. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.21 EPS. 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. Analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.3%. Honeywell International's payout ratio is presently 67.42%.

Analyst Ratings Changes

A number of research firms recently weighed in on HON. Wells Fargo & Company reduced their price target on Honeywell International from $235.00 to $230.00 and set an "equal weight" rating for the company in a report on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on Honeywell International from $255.00 to $260.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Jefferies Financial Group dropped their target price on shares of Honeywell International from $245.00 to $240.00 and set a "hold" rating for the company in a report on Monday, April 27th. Morgan Stanley raised their price target on shares of Honeywell International from $235.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 12th. Finally, Citigroup cut their price target on Honeywell International from $265.00 to $257.00 and set a "buy" rating for the company in a report on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $250.00.

Insiders Place Their Bets

In related news, VP Robert D. Mailloux sold 5,274 shares of the firm's stock in a transaction dated 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 transaction, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This trade represents a 52.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director D Scott Davis sold 2,367 shares of the business's 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 sale, the director owned 31,081 shares in the company, valued at $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.15% of the company's stock.

Honeywell International Company 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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