ProShare Advisors LLC Has $238.05 Million Position in Honeywell International Inc. $HON

ProShare Advisors LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 36.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,220,215 shares of the conglomerate’s stock after acquiring an additional 325,895 shares during the period. ProShare Advisors LLC’s holdings in Honeywell International were worth $238,052,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Cardinal Capital Management Inc. grew its stake in Honeywell International by 6.1% during the fourth quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after buying an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC grew its stake in Honeywell International by 56.1% during the fourth quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after buying an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC grew its stake in Honeywell International by 36.6% during the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after buying an additional 21,770 shares during the last quarter. First National Trust Co grew its stake in Honeywell International by 9.4% during the third quarter. First National Trust Co now owns 79,086 shares of the conglomerate’s stock worth $16,648,000 after buying an additional 6,803 shares during the last quarter. Finally, Lockheed Martin Investment Management Co. bought a new stake in Honeywell International during the third quarter worth about $4,147,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Price Performance

Shares of HON stock opened at $217.23 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $137.65 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 3.04 and a beta of 0.82. The firm’s 50 day moving average is $224.96 and its 200-day moving average is $216.15. Honeywell International Inc. has a 1 year low of $186.76 and a 1 year high of $248.18.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts forecast that Honeywell International Inc. will post 10.54 EPS 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. Investors of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s payout ratio is 67.42%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Robert W. Baird upped their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Rothschild & Co Redburn upped their target price on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. The Goldman Sachs Group reduced their target price on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Finally, Barclays reduced their target price on shares of Honeywell International from $255.00 to $243.00 and set an “overweight” rating on the stock in a research report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $248.25.

Insider Buying and Selling at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the business’s 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 sale, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. The trade was 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 link. 0.15% of the stock is currently owned by company insiders.

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.