Caisse de Depot Et Placement Du Quebec 13F: Adds $85M to HON Stake

Caisse de Depot Et Placement Du Quebec has increased its stake in Honeywell International Inc. (NasdaqGS: HON) by 42.1%, according to its latest Form 13F filing with the SEC. The fund added 183,458 shares during the reporting period, bringing its total holdings to 619,097 shares, valued at approximately $287.5 million.

What Changed in Caisse de Depot Et Placement Du Quebec's Honeywell Position

The fund significantly boosted its investment in Honeywell, adding 183,458 shares to its portfolio. This move represents a 42.1% increase from its previous holding of 435,639 shares. The total value of Caisse de Depot Et Placement Du Quebec's Honeywell position now stands at about $287.5 million.

Other Institutional Activity in Honeywell

Several other major funds adjusted their positions in Honeywell during the same period. BlackRock, Inc. reduced its holdings by 3,774,610 shares, ending with 48,831,876 shares valued at around $11.04 billion, marking a 7.2% decrease. Vanguard Capital Management LLC opened a new position with 41,280,753 shares worth approximately $9.33 billion. State Street Corp increased its stake slightly by 49,723 shares, holding a total of 31,726,805 shares valued at about $7.17 billion, reflecting a 0.2% increase. Morgan Stanley trimmed its position by 996,617 shares, resulting in 18,428,804 shares worth $4.17 billion, a 5.1% reduction. Wellington Management Group LLP added 3,833,636 shares to its holdings, now totaling 16,635,316 shares valued at $3.76 billion, a 29.9% increase.

Honeywell International Inc. Stock Up 123.7%

On Monday, shares of Honeywell (NasdaqGS: HON) traded near $464.42. The company has a substantial market capitalization of approximately $147.1 billion. Its price-to-earnings (P/E) ratio stands at 18.52, with a forward P/E of 20.29. Honeywell's stock has ranged between $226.29 and $496.36 over the past 52 weeks, with a 50-day moving average of $442.51 and a 200-day moving average of $429.45. The company's current ratio is 1.39, quick ratio is 0.93, and it has a debt-to-equity ratio of 257.39.

Recent Earnings

Honeywell reported revenue of $37.66 billion, with a revenue growth of 2.4%. The company achieved an earnings per share (EPS) of $12.54, a net margin of 10.89%, and a return on equity (ROE) of 24.26%. Honeywell is expected to report its next earnings on July 23, 2026.

Dividend

Honeywell pays an annual dividend rate of $9.52, yielding 2.05%. The dividend payout ratio is 74.12%.

Insider Buying and Selling at Honeywell International Inc.

On June 1, 2026, Chief Executive Officer Vimal Kapur bought 1,997 shares and sold 868 shares. Jillian Evanko purchased 150 shares at an average price of $234.99 and also bought 540 shares on the same day. Craig Arnold acquired 576 shares on May 22, 2026.

Analysts Set New Price Targets

On June 12, 2026, RBC Capital reiterated its buy rating on Honeywell with a price target of $275. Bernstein initiated its coverage on June 10, 2026, with a hold rating and a $233 target. Barclays maintained its buy rating on June 10, 2026, with a $239 target. The consensus among 23 analysts is a buy rating, with a mean price target of $494.56.

About Honeywell International Inc.

Honeywell International Inc. is a diversified conglomerate operating in the aerospace, industrial automation, building automation, and energy sectors. Headquartered in Charlotte, North Carolina, Honeywell serves customers worldwide with products ranging from aircraft components to building systems and process technologies. The company, led by CEO Vimal M. Kapur, employs approximately 101,000 people.

Bottom Line

Caisse de Depot Et Placement Du Quebec's decision to increase its stake in Honeywell by 42.1% indicates confidence in the company's prospects. Honeywell's diverse business units and steady financial performance make it a closely watched stock. As always, remember that 13F filings are backward-looking and may not reflect the current position.