M&T Bank Corp Increases Stock Holdings in Honeywell International Inc. $HON

Key Points

• M&T Bank Corp increased its stake in Honeywell by 6.8% in Q4, owning 248,911 shares valued at about $48.56 million.
• Honeywell reported an EPS beat for the quarter ($2.45 vs. $2.32 consensus) despite revenue coming in slightly below estimates, and set FY2026 EPS guidance of 10.350–10.650.
• The company announced a quarterly dividend of $1.19 (annualized $4.76, ~2.2% yield), and analysts hold a consensus "Moderate Buy" rating with an average target of $250.

M&T Bank Corp lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 248,911 shares of the conglomerate's stock after buying an additional 15,932 shares during the period. M&T Bank Corp's holdings in Honeywell International were worth $48,560,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Holos Integrated Wealth LLC purchased a new position in shares of Honeywell International during the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC boosted its position 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 buying an additional 118 shares during the last quarter. JPL Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth $31,000. Cedar Mountain Advisors LLC lifted its holdings in 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 acquiring an additional 84 shares during the period. Finally, Strive Asset Management LLC bought a new stake in Honeywell International during the third quarter worth $33,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

Shares of HON opened at $212.50 on Monday. The firm has a market cap of $134.65 billion, a PE ratio of 30.10, a PEG ratio of 3.03 and a beta of 0.82. The stock's fifty day moving average price is $230.45 and its two-hundred day moving average price is $215.71. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. 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 issued its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (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 return on equity of 42.29% and a net margin of 11.37%.The business's revenue 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. On average, equities research analysts forecast that Honeywell International Inc. will post 10.54 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, May 15th. Honeywell International's payout ratio is presently 67.42%.

Insiders Place Their Bets

In related news, Director D Scott Davis sold 2,367 shares of the business's stock in a transaction on 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 directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the business's stock in a transaction on 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 sale, the vice president owned 4,803 shares in the company, valued at approximately $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.15% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on HON. Wolfe Research lifted their price target on Honeywell International from $293.00 to $296.00 and gave the stock an "outperform" rating in a report on Thursday, March 26th. Mizuho dropped their price target on Honeywell International from $250.00 to $240.00 and set an "outperform" rating on the stock in a report on Monday, January 5th. The Goldman Sachs Group dropped their price target on Honeywell International from $262.00 to $258.00 and set a "buy" rating on the stock in a report on Friday, April 24th. Morgan Stanley lifted their price target on Honeywell International from $235.00 to $245.00 and gave the stock an "equal weight" rating in a report on Thursday, March 12th. Finally, Daiwa Securities Group lifted their price target on Honeywell International from $230.00 to $240.00 in a report on Tuesday, February 3rd. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $250.00.

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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