--- title: "California State Teachers Retirement System Makes New $28.21 Billion Investment in Honeywell International Inc. $HON" type: "News" locale: "en" url: "https://longbridge.com/en/news/298278075.md" description: "California State Teachers Retirement System established a new $28.21 billion position in Honeywell International (HON) during Q2, acquiring over 110 million shares and holding approximately 34.77% of the company. This major institutional investment coincides with other hedge fund activity, including recent insider sales by CEO Kenneth West. Additionally, Honeywell reported strong quarterly earnings beating estimates, increased its dividend to $0.70 per share, and received upgraded price targets from analysts at Deutsche Bank, Daiwa Securities, and Bank of America." datetime: "2026-09-08T07:30:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298278075.md) - [en](https://longbridge.com/en/news/298278075.md) - [zh-HK](https://longbridge.com/zh-HK/news/298278075.md) generator: "portal-rs" --- # California State Teachers Retirement System Makes New $28.21 Billion Investment in Honeywell International Inc. $HON California State Teachers Retirement System purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 110,187,907 shares of the conglomerate's stock, valued at approximately $28,209,206,000. California State Teachers Retirement System owned approximately 34.77% of Honeywell International as of its most recent filing with the Securities and Exchange Commission (SEC). - MarketBeat Week in Review – 08/24 - 08/28 Other hedge funds have also recently made changes to their positions in the company. Caitlin John LLC boosted its position in Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate's stock valued at $25,000 after buying an additional 75 shares during the period. Hilton Head Capital Partners LLC purchased a new position in shares of Honeywell International in the fourth quarter worth about $28,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Honeywell International in the fourth quarter worth about $28,000. JPL Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $31,000. Finally, Scarborough Advisors LLC purchased a new stake in Honeywell International during the 1st quarter valued at about $34,000. 75.91% of the stock is currently owned by institutional investors. ## Insider Transactions at Honeywell International In other Honeywell International news, CEO Kenneth West sold 17,032 shares of the business's stock in a transaction on Monday, July 27th. The stock was sold at an average price of $243.77, for a total value of $4,151,890.64. Following the sale, the chief executive officer directly owned 2,132 shares of the company's stock, valued at approximately $519,717.64. The trade was a 88.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.15% of the company's stock. ## Honeywell International Price Performance - HONA: The Spin-Off Story the Market Is Reading Wrong Shares of Honeywell International stock opened at $209.61 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. Honeywell International Inc. has a 12-month low of $196.59 and a 12-month high of $261.24. The company has a market cap of $66.43 billion, a P/E ratio of 8.10, a PEG ratio of 3.51 and a beta of 0.87. The company's fifty day simple moving average is $228.27 and its two-hundred day simple moving average is $227.73. Honeywell International (NASDAQ:HON - Get Free Report) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating analysts' consensus estimates of $1.80 by $0.15. The firm had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.77 EPS. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. Research analysts anticipate that Honeywell International Inc. will post 8.29 EPS for the current year. ## Honeywell International Cuts Dividend - Vertical Aerospace: Pre-Flight Checks Point to a Breakout The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Honeywell International's dividend payout ratio (DPR) is 36.80%. ## Analysts Set New Price Targets Several equities analysts recently issued reports on HON shares. Deutsche Bank Aktiengesellschaft raised their price target on Honeywell International from $250.00 to $263.00 and gave the stock a "buy" rating in a research report on Tuesday, June 30th. Daiwa Securities Group upgraded Honeywell International from a "neutral" rating to an "outperform" rating and set a $255.00 price objective for the company in a research report on Tuesday, June 30th. Bank of America raised Honeywell International from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $205.00 to $265.00 in a research note on Tuesday, July 28th. BMO Capital Markets raised their target price on shares of Honeywell International from $253.00 to $276.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. Finally, Wolfe Research raised shares of Honeywell International to a "hold" rating in a research note on Monday, June 29th. Thirteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $254.04. **Get Our Latest Stock Analysis on Honeywell International** ## Honeywell International Profile (Free Report) Honeywell International Inc is a diversified, publicly traded multinational conglomerate NASDAQ: HON that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions. Honeywell's aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services. ## Featured Stories - Five stocks we like better than Honeywell International - 3 Under-the-Radar Defense Stocks With Record Backlogs - This Korea ETF Has Soared, But the Rally May Not Be Over - Why Guidewire’s Post-Earnings Plunge May Not Last - Ride-Share Reckoning: Tesla Drives Into Uber's Lane **Want to see what other hedge funds are holding HON?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Honeywell International Right Now? Before you consider Honeywell International, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honeywell International wasn't on the list. While Honeywell International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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