Strs Ohio Trims Stake in Honeywell International Inc. $HON

Key Points

• Strs Ohio trimmed its Honeywell stake by 9.5% in Q4 to 384,011 shares (about $74.9M), while institutional investors hold roughly 75.9% of the stock.
• Honeywell beat EPS expectations ($2.45 vs. $2.32) and set FY2026 guidance at 10.350–10.650 EPS (analysts forecast ~10.54), with a consensus rating of Moderate Buy and a $250 price target despite revenue slightly missing estimates.
• The company declared a quarterly dividend of $1.19 ($4.76 annualized, ~2.2% yield; ex-dividend May 15) and recent SEC filings show insider sales by a director and a vice president.

Strs Ohio reduced its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 9.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,011 shares of the conglomerate's stock after selling 40,403 shares during the period. Strs Ohio owned approximately 0.06% of Honeywell International worth $74,917,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Holos Integrated Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter valued at $25,000. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International during the 4th quarter valued at $26,000. Barnes Dennig Private Wealth Management LLC grew its position in shares of Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter valued at $31,000. Finally, Cedar Mountain Advisors LLC grew its position in shares of Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate's stock valued at $33,000 after purchasing an additional 84 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $212.50 on Friday. Honeywell International Inc. has a 52-week low of $186.76 and a 52-week high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The company has a market capitalization of $134.65 billion, a P/E ratio of 30.10, a P/E/G ratio of 3.06 and a beta of 0.82. The company has a fifty day moving average of $230.45 and a 200-day moving average of $215.57.

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 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 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 posted $2.21 earnings per share. The company's revenue was up 2.4% on a year-over-year basis. 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, equities research analysts predict that Honeywell International Inc. will post 10.54 EPS for the current fiscal year.

Honeywell International Announces Dividend

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

Insider Activity

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the company's stock in a transaction dated 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 sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company's stock in a transaction dated Friday, February 6th. The shares were 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 of the company's stock, valued at approximately $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.15% of the company's stock.

Wall Street Analyst Weigh In

HON has been the subject of a number of research analyst reports. Rothschild & Co Redburn lifted their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Wall Street Zen raised shares of Honeywell International to a "hold" rating in a report on Saturday, January 3rd. Jefferies Financial Group dropped their price objective 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. TD Cowen dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set a "buy" rating for the company in a report on Friday, April 24th. Finally, The Goldman Sachs Group dropped their price objective on shares of Honeywell International from $262.00 to $258.00 and set a "buy" rating for the company in a report on Friday, April 24th. Thirteen equities 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 MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target 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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