BlackRock Amends Honeywell Stake, Updates Passive Investment
Ticker: HON · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 773840
| Field | Detail |
|---|---|
| Company | Honeywell International INC (HON) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, form-13g
TL;DR
**BlackRock just updated its Honeywell stake, showing its latest passive investment position.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 29, 2024, indicating a change in its ownership of Honeywell International Inc. common stock as of December 31, 2023. This filing, Amendment No. 12, shows BlackRock's updated passive investment position in Honeywell. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or investment strategy for a company like Honeywell.
Why It Matters
This filing updates BlackRock's passive ownership in Honeywell, providing transparency on a major institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued passive interest in Honeywell, but this filing alone doesn't suggest a strong buy or sell signal. It's a routine disclosure of an institutional holding.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Honeywell International Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 12 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 12, as stated in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as identified in the 'FILED BY' section of the filing.
What is the subject company whose shares are being reported?
The subject company is HONEYWELL INTERNATIONAL INC, as stated under 'SUBJECT COMPANY' and 'Name of Issuer'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding HONEYWELL INTERNATIONAL INC (HON).