Sumitomo Mitsui DS Asset Management Company 13F: Adds $25M to HON Stake

Sumitomo Mitsui DS Asset Management Company boosted its stake in Honeywell International Inc. HON by 72.2%, adding 120,507 shares to bring its total holding to 287,407 shares. The position was valued at about $60.6 million, according to the firm's Form 13F filing with the U.S. Securities and Exchange Commission on October 20, 2026. Honeywell closed at $213.32 on the filing date.

HON Honeywell International Inc.

$213.32 ▲ +5.24% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Sumitomo Mitsui DS Asset Management's Honeywell Position

The asset manager held 166,900 shares of the industrial conglomerate previously. The addition of 120,507 shares lifted the portfolio's total stake to 287,407 shares by the end of the quarter. The reported value of the holding reached $60,625,633.

Other Institutional Activity in Honeywell

Other large institutional investors also adjusted positions in the industrial firm during the period. Newport Trust Company, LLC grew its holdings by 6,432,598 shares, ending with 12,865,197 shares worth about $2,744,403,918. Franklin Resources, Inc. reduced its stake by 263,452 shares, leaving it with 6,509,094 shares valued at roughly $1,388,519,979.

Honeywell International Inc. Stock Up 0.9%

Honeywell recently traded around $213.23 as of October 21, 2026, roughly equal to its $213.32 close on the day of the filing. The stock sits below its 50-day moving average of $213.79 and below its 200-day moving average of $230.59. Shares have traded in a 52-week range between $195.87 and $260.28.

Recent Earnings

The company reported trailing twelve months revenue of $38.06 billion alongside earnings of $27.09 per share. Profitability metrics include a net profit margin of 21.6% and a return on equity of 46.6%. The next corporate earnings release is scheduled for October 22, 2026.

Dividend

Investors receive an annual dividend rate of $2.80 per share, which translates to a dividend yield of 1.32%. The payout ratio sits at 34.7% of earnings.

Insider Buying and Selling at Honeywell International Inc.

Company insiders made transactions prior to the filing. Kenneth J West sold 17,032 shares on July 27, 2026, at an average price of $243.77 for a total value of $4,151,891. The same insider later sold 316 shares on August 3, 2026, at $245.47 per share, totaling $77,569.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Wells Fargo initiated coverage on September 25, 2026, with an Equal-Weight rating and a $231.00 price target. JP Morgan maintained an Overweight rating on October 9, 2026, lowering its target from $255.00 to $240.00. Citigroup kept a Buy rating on October 12, 2026, moving its target from $279.00 to $270.00. RBC Capital maintained an Outperform rating on October 14, 2026, adjusting its target from $293.00 to $270.00. Mizuho maintained an Outperform rating on October 15, 2026, shifting its target from $265.00 to $255.00. The stock holds a consensus Buy recommendation with a mean price target of $254.91 across 23 analyst opinions.

About Honeywell International Inc.

Honeywell International Inc. operates as an industrial and technology company, providing automation solutions for buildings, industrial processes, and energy sectors worldwide. The Charlotte, North Carolina-based enterprise serves commercial and industrial markets.

Bottom Line

Market participants will look closely at upcoming earnings results scheduled for October 22, 2026, to gauge operational momentum. Additional institutional reports will show whether other major asset managers continue to adjust their exposure to the stock.