Turtle Creek Wealth Advisors 13F: New $1.1M Stake in HON

Turtle Creek Wealth Advisors opened a new position in Honeywell International Inc. (NasdaqGS: HON), according to a Form 13F filing with the SEC on October 15, 2026. Institutional holdings reports like this are backward-looking and reflect positions at the end of the reporting period, so they might not capture the fund's exact current holdings today.

Inside Turtle Creek Wealth Advisors's Honeywell Trade

The fund acquired 5,210 shares of the industrial conglomerate, establishing a brand-new stake valued at roughly $1.10 million. Because this is a newly initiated position, it represents a fresh bet on the company by the advisory firm during the period.

Other Institutional Activity in Honeywell

Other major institutional investors adjusted their holdings around the same time. Blackrock Inc. trimmed its stake by 1,638,358 shares, ending with 22,778,297 shares valued at about $4.82 billion. Vanguard Capital Management LLC grew its holdings by 53,663 shares, ending with 20,693,284 shares worth about $4.37 billion. State Street Corporation lifted its position by 2,874,528 shares to hold 18,738,370 shares valued at about $3.96 billion. Newport Trust Company, LLC boosted its stake by 6,432,598 shares, wrapping up the period with 12,865,197 shares worth about $2.72 billion. Invesco Ltd. raised its holdings by 689,552 shares, finishing with 11,249,305 shares valued at about $2.38 billion.

Honeywell International Inc. Stock Up 1.9%

Honeywell shares recently traded around $211.52 as of October 16, 2026. The stock sits below its 50-day moving average of $215.11 and trails its 200-day moving average of $230.54. The shares have traded in a 52-week range between $195.87 and $260.28.

Recent Earnings

For its trailing twelve months, the company generated $38.06 billion in revenue and reported diluted earnings of $27.09 per share. Honeywell posted a net profit margin of 21.6% alongside a return on equity of 46.6%. The company's next quarterly earnings report is scheduled for October 22, 2026.

Dividend

Honeywell pays an annual dividend yielding 1.33%, backed by a dividend payout ratio of 34.7%.

Insider Buying and Selling at Honeywell International Inc.

Company insiders also 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 about $4.15 million. Later on August 3, 2026, West sold another 316 shares at an average price of $245.47, totaling roughly $77,569. Neither transaction was made under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the stock with several rating updates. On September 25, 2026, Wells Fargo initiated coverage on the stock with an Equal-Weight rating and a $231.00 price target. On October 9, 2026, JP Morgan maintained its Overweight rating while lowering its price target from $255.00 to $240.00. On October 12, 2026, Citigroup kept a Buy rating and trimmed its target from $279.00 to $270.00. On October 14, 2026, RBC Capital maintained an Outperform rating and cut its target from $293.00 to $270.00. Finally, on October 15, 2026, Mizuho maintained an Outperform rating while lowering its target from $265.00 to $255.00. Analysts overall give the stock a consensus buy rating with a mean price target of $254.91 across 23 analyst opinions.

About Honeywell

Honeywell International Inc. operates as a diversified technology and manufacturing company headquartered in Charlotte, North Carolina. It provides solutions spanning industrial automation, building automation, and energy and sustainability services to customers across the globe.

Bottom Line

Turtle Creek Wealth Advisors' new stake enters the portfolio just as Honeywell prepares to deliver its next earnings update on October 22, 2026. Investors will watch the upcoming report to see if business momentum matches the broader analyst optimism surrounding the industrial giant.