PKO Investment Management Joint Stock Co Cuts Stake in Honeywell International Inc. $HON

Key Points

• PKO Investment Management reduced its stake in Honeywell (NASDAQ:HON) by 18.2%, selling 6,000 shares and leaving it with 27,000 shares valued at about $5.27 million at quarter-end.
• Honeywell reported Q1 EPS of $2.45 (vs. $2.32 expected) but missed revenue expectations, set FY2026 guidance of 10.35–10.65 EPS, and holds a MarketBeat consensus of "Moderate Buy" with a $250 price target.
• The company declared a quarterly dividend of $1.19 (annualized $4.76, ~2.2% yield) while insiders have recently sold shares and institutional investors own roughly 75.9% of the stock.

PKO Investment Management Joint Stock Co lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 18.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,000 shares of the conglomerate's stock after selling 6,000 shares during the quarter. PKO Investment Management Joint Stock Co's holdings in Honeywell International were worth $5,267,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FSM Wealth Advisors LLC boosted its position in shares of Honeywell International by 1.1% during the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate's stock worth $825,000 after acquiring an additional 46 shares during the last quarter. Nova R Wealth Inc. increased its holdings in Honeywell International by 3.0% in the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate's stock valued at $335,000 after acquiring an additional 47 shares during the last quarter. Facet Wealth Inc. increased its holdings in Honeywell International by 3.6% in the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate's stock valued at $291,000 after acquiring an additional 47 shares during the last quarter. EPG Wealth Management LLC lifted its stake in Honeywell International by 0.5% in the 4th quarter. EPG Wealth Management LLC now owns 10,049 shares of the conglomerate's stock worth $1,960,000 after purchasing an additional 49 shares in the last quarter. Finally, Willow Creek Wealth Management Inc. lifted its stake in Honeywell International by 2.2% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate's stock worth $490,000 after purchasing an additional 50 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on HON. BNP Paribas Exane increased their price objective on shares of Honeywell International from $195.00 to $215.00 and gave the company a "neutral" rating in a report on Monday, February 2nd. Robert W. Baird lifted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Friday, January 30th. Wells Fargo & Company decreased their target price on Honeywell International from $235.00 to $230.00 and set an "equal weight" rating on the stock in a research report on Friday, April 24th. Evercore increased their price target on Honeywell International from $255.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. Finally, Wolfe Research raised their price target on Honeywell International from $293.00 to $296.00 and gave the company an "outperform" rating in a report on Thursday, March 26th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $250.00.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $212.50 on Friday. The firm has a fifty day simple moving average of $230.45 and a two-hundred day simple moving average of $215.66. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18. 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 stock has a market capitalization of $134.65 billion, a P/E ratio of 30.10, a PEG ratio of 3.03 and a beta of 0.82.

Honeywell International (NASDAQ:HON - Get Free Report) last announced 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. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.14 billion for the quarter, compared to analysts' expectations of $9.30 billion. During the same period in the prior year, the company earned $2.21 EPS. The business's revenue was up 2.4% compared to the same quarter last year. 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, analysts expect that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business 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. This represents a $4.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International's dividend payout ratio (DPR) is presently 67.42%.

Insider Activity at Honeywell International

In related news, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction 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 sale, the vice president owned 4,803 shares in the company, valued at approximately $1,147,917. This represents a 52.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the firm's stock in a transaction 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 sale, the director owned 31,081 shares of the company's stock, valued at approximately $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.15% of the stock is owned by company insiders.

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.

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.