PKO Investment Management Joint Stock Co Boosts Stock Holdings in Honeywell International Inc. $HON

PKO Investment Management Joint Stock Co lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 120.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,000 shares of the conglomerate’s stock after buying an additional 18,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in Honeywell International were worth $6,946,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HON. BankPlus Wealth Management LLC boosted its holdings in shares of Honeywell International by 2.2% in the second quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock worth $463,000 after acquiring an additional 43 shares during the period. Summit Wealth Group LLC raised its stake in shares of Honeywell International by 4.3% during the 2nd quarter. Summit Wealth Group LLC now owns 1,115 shares of the conglomerate’s stock valued at $260,000 after purchasing an additional 46 shares during the period. Capital Advisors Ltd. LLC lifted its holdings in Honeywell International by 1.8% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate’s stock worth $628,000 after purchasing an additional 47 shares in the last quarter. Bar Harbor Wealth Management boosted its stake in Honeywell International by 0.3% in the 2nd quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate’s stock worth $3,538,000 after purchasing an additional 47 shares during the period. Finally, Nova R Wealth Inc. boosted its stake in Honeywell International by 3.0% in the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after purchasing an additional 47 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Barclays lowered their price target on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating on the stock in a report on Wednesday, December 24th. Jefferies Financial Group lowered their target price on shares of Honeywell International from $230.00 to $220.00 in a research note on Monday, November 3rd. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Royal Bank Of Canada raised shares of Honeywell International from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $235.00 to $253.00 in a report on Monday, October 27th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Honeywell International from $265.00 to $264.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $233.90.

Honeywell International Stock Performance

Honeywell International stock opened at $208.60 on Tuesday. The firm’s fifty day moving average price is $195.84 and its 200-day moving average price is $210.44. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36. The stock has a market cap of $132.44 billion, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 2.78 and a beta of 0.95. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $228.04.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Honeywell International had a net margin of 15.07% and a return on equity of 38.11%. The company had revenue of $10.41 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. On average, equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

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.