Trust Co of Toledo Na 13F: New $1.9M Stake in HON

Trust Co of Toledo Na disclosed a new position in Honeywell International Inc. (NASDAQ: HON) in a filing on October 16, 2026. The fund acquired 9,241 shares, valued at approximately $1.95 million, marking its entry into this investment.

What Changed in Trust Co of Toledo Na's Honeywell Position

Trust Co of Toledo Na opened a new position in Honeywell International, acquiring 9,241 shares. This is the fund's first reported holding in the company.

Other Institutional Activity in Honeywell

Several other institutional investors also hold significant stakes in Honeywell. Blackrock Inc. has 22,778,297 shares valued at about $4.82 billion, though it reduced its holdings by 1,638,358 shares. Vanguard Capital Management LLC holds 20,693,284 shares worth approximately $4.37 billion, increasing its position by 53,663 shares. State Street Corporation has 18,738,370 shares valued at about $3.96 billion, with an 18.1% increase in shares. Newport Trust Company, LLC also made a substantial investment, bringing its total to 12,865,197 shares valued at about $2.72 billion, with a massive 100% increase. Lastly, Invesco Ltd. holds 11,249,305 shares, worth around $2.38 billion, after adding 689,552 shares to its position.

Honeywell International Inc. Stock Up 1.9%

Honeywell shares are currently trading around $211.52, which is below its 50-day average of $215.11 and its 200-day average of $230.54. The stock is also about 18.7% below its 52-week high of $260.28, though it remains above its 52-week low of $195.87. This indicates a weak position compared to historical trading levels.

Recent Earnings

For the trailing twelve months, Honeywell reported revenue of approximately $38.06 billion with a net margin of 21.6%. The company's earnings per share (EPS) stands at $27.09. Honeywell is set to report its next earnings on October 22, 2026.

Insider Buying and Selling at Honeywell International Inc.

Recent insider transactions include Kenneth J. West, an officer, selling 17,032 shares for about $4,151,891 on July 27, 2026, and an additional 316 shares for approximately $77,569 on August 3, 2026. Both transactions occurred before the filing date.

Analysts Set New Price Targets

On September 25, 2026, Wells Fargo initiated coverage on Honeywell with an Equal-Weight rating and a price target of $231. JP Morgan maintained an Overweight rating with a target of $240 on October 9, 2026, while Citigroup also maintained a Buy rating with a target of $270 on October 12, 2026. RBC Capital and Mizuho both maintained Outperform ratings with targets of $270 and $255, respectively. The consensus target from analysts suggests a mean price of $254.91, indicating potential upside from the current trading price.

About Honeywell International Inc.

Honeywell International Inc. is a diversified technology and manufacturing company that operates in sectors such as industrial automation, building automation, and energy solutions. The company's wide range of products and services positions it as a key player in both domestic and international markets, making it an interesting investment choice amid changing economic conditions.

Bottom Line

Investors should monitor Honeywell's upcoming earnings report on October 22, 2026, and the potential reactions from analysts following the recent institutional activities. Keep in mind that 13F filings represent holdings as of the end of the reporting quarter and may not indicate the current positions of the investor. 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.