M&T Bank Corp Sells 218,334 Shares of Honeywell International Inc. $HON

Key Points

• M&T Bank Corp cut its Honeywell stake by 93.7% in Q4, selling 218,334 shares and leaving 14,645 shares valued at about $2.857 million.
• Honeywell beat quarterly EPS estimates ($2.45 vs. $2.32), set FY2026 guidance of 10.350–10.650 EPS, and announced a quarterly dividend of $1.19 (annualized $4.76, ~2.2% yield; ex-dividend May 15, payable June 5).
• Significant trading activity: insiders sold 18,190 shares (~$4.24M) over 90 days (insiders own 0.15%), while institutional shifts included SG Americas Securities adding ~4.03M shares (now ~4.06M shares) and other large funds meaningfully adjusting positions.

M&T Bank Corp cut its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 93.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,645 shares of the conglomerate's stock after selling 218,334 shares during the period. M&T Bank Corp's holdings in Honeywell International were worth $2,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in HON. Franklin Resources Inc. increased its position 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 buying an additional 2,277,234 shares in the last quarter. Invesco Ltd. increased its position in Honeywell International by 11.0% in the 3rd quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate's stock valued at $1,287,408,000 after buying an additional 605,600 shares in the last quarter. Unisphere Establishment increased its position in Honeywell International by 5.4% in the 3rd quarter. Unisphere Establishment now owns 4,215,000 shares of the conglomerate's stock valued at $887,258,000 after buying an additional 215,000 shares in the last quarter. SG Americas Securities LLC increased its position 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 buying an additional 4,031,879 shares in the last quarter. Finally, Capital Research Global Investors increased its position in Honeywell International by 1.4% in the 3rd quarter. Capital Research Global Investors now owns 4,046,957 shares of the conglomerate's stock valued at $851,880,000 after buying an additional 55,681 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Activity at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company's stock, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Robert D. Mailloux sold 10,549 shares of the company's stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares of the company's stock, valued at approximately $1,099,887. This represents a 68.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 18,190 shares of company stock valued at $4,244,287. 0.15% of the stock is currently owned by corporate insiders.

Honeywell International Stock Performance

HON stock opened at $212.05 on Tuesday. The firm has a market cap of $134.37 billion, a PE ratio of 30.04, a P/E/G ratio of 3.09 and a beta of 0.93. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The business has a 50 day moving average of $232.19 and a 200-day moving average of $215.54. Honeywell International Inc. has a 12-month low of $186.76 and a 12-month high of $248.18.

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, beating the consensus estimate of $2.32 by $0.13. The company had revenue of $9.14 billion during 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%.Honeywell International's quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior 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. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.53 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued 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 2.2%. 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: Board declared a quarterly dividend of $1.19 per share payable June 5, 2026 (record date May 15, 2026) — a clear shareholder-return signal that typically supports the stock. HONEYWELL ANNOUNCES QUARTERLY DIVIDEND
• Positive Sentiment: Royal Bank of Canada reaffirmed an "outperform" rating and set a $268 price target — a bullish analyst signal implying meaningful upside versus recent levels. Read More
• Positive Sentiment: Media attention — including inclusion on Jim Cramer’s list of quantum/AI-related names and being highlighted as a stock to buy pre-SpaceX IPO — can lift sentiment among retail and thematic investors. Honeywell (HON) is One of Jim Cramer’s Top Quantum Computing Stocks
• Neutral Sentiment: Management will present at the Wolfe Research Global Transportation & Industrials Conference on May 19 (CFO Mike Stepniak presenting) — a routine investor event that could provide fresh color on margins, orders and guidance but is not an immediate catalyst. HONEYWELL ANNOUNCES PARTICIPATION AT WOLFE RESEARCH GLOBAL TRANSPORTATION AND INDUSTRIALS CONFERENCE
• Negative Sentiment: Jefferies trimmed its price target slightly (from $245 to $240) and kept a "hold" rating — a modest negative signal that could cap near-term upside given mixed revenue/earnings trends. Jefferies Adjusts Price Target on Honeywell International

Analyst Ratings Changes

A number of analysts recently commented on the company. TD Cowen decreased their target price on Honeywell International from $240.00 to $230.00 and set a "buy" rating for the company in a research report on Friday. Royal Bank Of Canada restated an "outperform" rating and issued a $268.00 target price on shares of Honeywell International in a report on Monday. Barclays decreased their price objective on Honeywell International from $255.00 to $243.00 and set an "overweight" rating for the company in a report on Friday. The Goldman Sachs Group decreased their price objective on Honeywell International from $262.00 to $258.00 and set a "buy" rating for the company in a report on Friday. Finally, Wolfe Research boosted their price objective on Honeywell International from $293.00 to $296.00 and gave the stock an "outperform" rating in a report on Thursday, March 26th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $250.00.

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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