Mirae Asset Securities (Usa) 13F: Exits HON Stake

Mirae Asset Securities (USA) has sold all of its 25,097 shares in Honeywell International Inc. (NasdaqGS: HON) as disclosed in its Form 13F filing on October 15, 2026. This move reflects a 100% decrease in their stake, valued at approximately $5.3 million.

What Changed in Mirae Asset's Honeywell Position

The fund cut its position completely, reflecting a significant shift in its investment strategy. The decision to sell out may indicate a change in outlook for Honeywell or the broader industrial sector.

Other Institutional Activity in Honeywell

Several other institutional investors also adjusted their holdings in Honeywell recently. Blackrock Inc. cut its stake by 1,638,358 shares, leaving it with 22,778,297 shares worth about $4.82 billion. Meanwhile, Vanguard Capital Management LLC added 53,663 shares, bringing its total to 20,693,284 shares valued at around $4.37 billion. State Street Corporation increased its holdings by 2,874,528 shares, totaling 18,738,370 shares worth approximately $3.96 billion. Newport Trust Company, LLC made a notable addition, boosting its position by 6,432,598 shares, resulting in a total of 12,865,197 shares valued at about $2.72 billion. Invesco Ltd. also slightly increased its holdings by 689,552 shares to a total of 11,249,305 shares worth around $2.38 billion.

Honeywell International Inc. Stock Up 1.9%

Honeywell shares recently traded around $211.52, which is below both its 50-day moving average of $215.11 and 200-day moving average of $230.54. The stock is also about 17% lower than the mean price target of $254.91 set by analysts and 18.7% below the 52-week high of $260.28. This performance suggests the stock may be struggling amid broader market conditions.

Recent Earnings

Honeywell reported trailing twelve-month revenue of $38.06 billion and earnings per share (EPS) of $27.09. The company's net margin stands at 21.6%, and return on equity (ROE) is an impressive 46.6%. The next earnings report is expected on October 22, 2026.

Insider Buying and Selling at Honeywell International Inc.

Recent insider trades include Kenneth J. West, an officer at Honeywell, who sold 17,032 shares on July 27, 2026, at an average price of $243.77, totaling about $4.15 million. He also sold 316 shares on August 3, 2026, at $245.47, with a total value of $77,569.

Analysts Set New Price Targets

Analysts have been active with their ratings on Honeywell. On September 25, 2026, Wells Fargo initiated coverage with an Equal-Weight rating and a target of $231.00. JP Morgan maintained an Overweight rating with a revised target of $240.00 on October 9, 2026. Citigroup reaffirmed its Buy rating, adjusting its target to $270.00 on October 12, 2026. RBC Capital maintained an Outperform rating with a target of $270.00 on October 14, 2026. Most recently, Mizuho maintained an Outperform rating with a target of $255.00 on October 15, 2026.

About Honeywell International Inc.

Honeywell International Inc. is a major player in the industrial automation and building automation sectors. The company also focuses on energy and sustainability solutions across the globe. The recent changes in positions by institutional investors may reflect varying outlooks on its performance in the current market.

Bottom Line

Investors should keep an eye on Honeywell's upcoming earnings report on October 22, 2026, to gauge its current performance. The recent 13F filing from Mirae Asset shows a complete exit from its position and highlights the volatility in institutional investment strategies. Keep in mind that these filings reflect past positions and may not represent current views or holdings. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.