Principal Financial Group Inc. Increases Position in Honeywell International Inc. $HON

Key Points

• Principal Financial Group raised its stake in Honeywell by 3.9% in Q4, buying 28,653 shares to hold 755,118 shares worth about $147.3 million (0.12% of the company).
• Other institutions also increased exposure—Vanguard added ~1.03M shares and SG Americas boosted its stake by ~4.03M shares—leaving institutional ownership at 75.91%, while insiders have been net sellers with insider ownership at 0.15%.
• Honeywell posted quarterly EPS of $2.45 (beat estimates), set FY2026 guidance of $10.35–$10.65 EPS, pays a $1.19 quarterly dividend (2.2% yield), and carries a consensus analyst target of $250 (Moderate Buy).

Principal Financial Group Inc. raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 755,118 shares of the conglomerate's stock after purchasing an additional 28,653 shares during the quarter. Principal Financial Group Inc. owned 0.12% of Honeywell International worth $147,316,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate's stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the period. Franklin Resources Inc. increased its holdings in shares of 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 acquiring an additional 2,277,234 shares during the period. Invesco Ltd. increased its holdings in shares of 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 acquiring an additional 605,600 shares during the period. Unisphere Establishment increased its holdings in shares of 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 acquiring an additional 215,000 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Honeywell International by 15,459.1% during the 4th quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate's stock worth $791,667,000 after purchasing an additional 4,031,879 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Transactions at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director owned 31,081 shares of the company's stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president owned 4,803 shares in the company, valued at $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.15% of the stock is currently owned by company insiders.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $216.91 on Thursday. 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 firm has a 50-day simple moving average of $229.23 and a 200-day simple moving average of $215.86. Honeywell International Inc. has a 52 week low of $186.76 and a 52 week high of $248.18. The stock has a market capitalization of $137.44 billion, a price-to-earnings ratio of 30.72, a price-to-earnings-growth ratio of 2.98 and a beta of 0.82.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same period in the prior year, the business earned $2.21 earnings per share. 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, equities analysts predict that Honeywell International Inc. will post 10.54 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HON shares. Sanford C. Bernstein set a $255.00 price objective on shares of Honeywell International in a research report on Friday, January 16th. Barclays dropped their target price on Honeywell International from $255.00 to $243.00 and set an "overweight" rating on the stock in a research note on Friday, April 24th. Wolfe Research raised 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. Weiss Ratings cut shares of Honeywell International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 13th. Finally, Rothschild & Co Redburn raised their target price on Honeywell International from $222.00 to $235.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and an average target price of $250.00.

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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