Rakuten Investment Management Adds $3M in Honeywell International Inc. ($HON)

Rakuten Investment Management has increased its stake in Honeywell International Inc. (NasdaqGS: HON) by about 12% according to its latest Form 13F filing with the SEC. The fund added 13,990 shares during the reporting period, bringing its total holdings to 131,778 shares valued at approximately $30.5 million as of the filing date.

What Changed in Rakuten Investment Management's Honeywell Position

Rakuten Investment Management's decision to boost its Honeywell holdings by 13,990 shares reflects a nearly 12% increase from its previous total of 117,788 shares. The investment now stands at 131,778 shares, valued at about $30.5 million. This move suggests a strong vote of confidence in Honeywell's performance and future prospects.

Other Institutional Activity in Honeywell

In the same period, other major funds also adjusted their Honeywell positions. BlackRock, Inc. reduced its holdings by 3,774,610 shares, ending with 48,831,876 shares valued at approximately $11.0 billion. Vanguard Capital Management LLC added a significant 41,280,753 shares, bringing its total to the same number with a value of about $9.3 billion. State Street Corp increased its position slightly, adding 49,723 shares for a total of 31,726,805 shares worth around $7.2 billion. Meanwhile, Morgan Stanley trimmed its holdings by 996,617 shares, finishing with 18,428,804 shares valued at $4.2 billion. Wellington Management Group LLP increased its stake by 3,833,636 shares to 16,635,316 shares, valued at approximately $3.8 billion.

Honeywell International Stock Snapshot

Shares of Honeywell International, trading under the ticker HON on NasdaqGS, were priced at $231.52. The company boasts a market capitalization of $144.9 billion. It has a P/E ratio of 36.46 and a forward P/E of 19.97, indicating expectations of future earnings growth. Honeywell's beta is 0.843, suggesting lower volatility compared to the market. The stock's 52-week range is between $186.76 and $248.18, while its 50-day moving average is $222.02 and the 200-day moving average is $213.29.

Recent Earnings

Honeywell reported revenue of $37.7 billion with a growth rate of 2.4%. The company achieved a net margin of 10.89% and a return on equity of 24.26%. Earnings per share stood at $6.27. The next earnings report is scheduled for July 23, 2026.

Dividend

Honeywell offers an annual dividend rate of $4.76, yielding 2.07%. The dividend payout ratio is 74.12%, indicating the portion of earnings distributed as dividends.

Insider Buying and Selling at Honeywell International Inc.

Recent insider activity at Honeywell included CEO Vimal Kapur purchasing 1,997 shares on June 1, 2026. Additionally, Jillian Evanko bought 150 shares at an average price of $234.99 on the same day. Kapur also sold 868 shares under no planned trading agreement.

Analysts Set New Price Targets

Analysts have been active in updating their views on Honeywell. 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, setting a target of $239 on the same day. The consensus among 26 analysts is a 'buy' recommendation, with a mean target price of $246.67.

About Honeywell International

Honeywell International Inc., based in Charlotte, North Carolina, operates in the industrials sector, specializing in aerospace technologies, industrial automation, building automation, and energy solutions. The company is led by CEO Vimal M. Kapur and employs approximately 101,000 people worldwide. Honeywell's diverse operations include providing advanced technology solutions across various industries, aiming to enhance efficiency and sustainability.

Bottom Line

Rakuten Investment Management's increase in Honeywell shares highlights its confidence in the industrial giant's future. Investors keep a close eye on such filings, which offer a glimpse into institutional sentiment. It's important to note that 13F filings reflect past positions and may not indicate current holdings.