Korea Investment Adds $18M in Honeywell International Inc. ($HON)
Korea Investment added 38,114 shares of Honeywell, taking its total to 541,375 shares.
Key Points
- Korea Investment boosted its Honeywell stake by 7.6%, adding 38,114 shares for a total of 541,375 shares valued at $251.4 million.
- Honeywell shares traded near $464.42 on Monday, with a market cap of $147.1 billion and a P/E ratio of 18.5.
- Analysts from firms like RBC Capital and Barclays have maintained 'buy' ratings with price targets up to $276.
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Korea Investment expanded its investment in Honeywell International Inc. (NasdaqGS: HON), increasing its holdings by 38,114 shares. This brings its total to 541,375 shares, valued at about $251.4 million. This move, reported in a recent SEC filing, reflects a 7.6% increase in their position during the reporting period.
Korea Investment vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Korea Investment's Honeywell Position
Korea Investment's recent filing shows a 7.6% boost in its Honeywell stake. The fund added 38,114 shares, bringing its total to 541,375 shares. The total value of their Honeywell holdings now stands at approximately $251.4 million.
Other Institutional Activity in Honeywell
Other major institutional investors also adjusted their Honeywell positions. BlackRock, Inc. reduced its holdings by 3,774,610 shares, leaving it with 48,831,876 shares valued at about $11.04 billion. Vanguard Capital Management LLC opened a new position with 41,280,753 shares worth about $9.33 billion. State Street Corp added 49,723 shares, totaling 31,726,805 shares valued at approximately $7.17 billion. Morgan Stanley trimmed its position by 996,617 shares, holding 18,428,804 shares worth $4.17 billion. Wellington Management Group LLP increased its stake significantly by 3,833,636 shares, now holding 16,635,316 shares valued at around $3.76 billion.
Honeywell International Inc. Stock Up 113.6%
Shares of Honeywell International (NasdaqGS: HON) traded near $464.42 on Monday. The company has a market capitalization of approximately $147.1 billion and a P/E ratio of 18.5. Honeywell's stock has seen a 52-week range between $226.29 and $496.36. Its 50-day moving average is $442.51, while the 200-day moving average stands at $429.45. The company's beta is 0.843, indicating lower volatility compared to the market.
$HON stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Honeywell reported revenue of $37.66 billion, with a revenue growth rate of 2.4%. The company's net margin is 10.89%, and it has a return on equity of 24.3%. Honeywell's next earnings release is scheduled for July 23, 2026.
Dividend
Honeywell offers an annual dividend rate of $9.52, yielding 2.05%. The dividend payout ratio is 74.1%, reflecting the portion of earnings paid out as dividends.
Insider Buying and Selling at Honeywell International Inc.
Recent insider activity includes CEO Vimal Kapur purchasing 1,997 shares on June 1, 2026. On the same day, Jillian Evanko bought 150 shares at $234.99 each. Kapur also sold 868 shares on June 1, 2026.
Analysts Set New Price Targets
On June 12, 2026, RBC Capital reiterated a 'buy' rating with a price target of $275. Bernstein initiated coverage with a 'hold' rating and a $233 target on June 10, 2026. Barclays maintained its 'buy' rating with a $239 target on the same day. Overall, analysts have a consensus 'buy' rating with a mean price target of $494.56.
About Honeywell International Inc.
Honeywell International Inc., headquartered in Charlotte, North Carolina, operates in the industrials sector, focusing on aerospace technologies, industrial automation, building automation, and energy solutions. With over 101,000 employees, the company serves markets in the U.S., Europe, and worldwide. Honeywell's diverse product offerings include aerospace components, industrial control systems, and energy-efficient solutions.
Bottom Line
Korea Investment's increased stake in Honeywell demonstrates continued interest in the conglomerate's diverse operations. While 13F filings provide insights into past holdings, they don't necessarily indicate current positions. Investors often monitor such filings to gauge institutional sentiment and potential shifts in stock dynamics.
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