Vanguard Amends Honeywell Stake: Passive Investment Update

TL;DR

**Vanguard still holds a big chunk of Honeywell, signaling continued confidence.**

AI Summary

The Vanguard Group filed an amended Schedule 13G/A on February 13, 2024, indicating its ownership of Honeywell International Inc. common stock as of December 29, 2023. This filing, Amendment No. 8, updates Vanguard's passive investment stake in Honeywell. For investors, this confirms that a major institutional investor like Vanguard continues to hold a significant, albeit passive, position in Honeywell, suggesting ongoing confidence in the company's long-term prospects.

Why It Matters

This filing shows that Vanguard, a major institutional investor, maintains a significant passive stake in Honeywell, which can be seen as a vote of confidence in the company's stability and future performance.

Risk Assessment

Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in investment strategy.

Analyst Insight

Investors should note that Vanguard's continued passive ownership suggests a stable, long-term institutional interest in Honeywell, but this filing alone doesn't signal any new buying or selling activity that would warrant immediate action.

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Honeywell International Inc. (company) — subject company whose securities are being reported
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — date the SC 13G/A was filed
• Amendment No. 8 (number) — identifies this as the eighth amendment to Vanguard's Schedule 13G filing for Honeywell

FAQ

From the Filing

0001104659-24-021132.txt : 20240213 0001104659-24-021132.hdr.sgml : 20240213 20240213170617 ACCESSION NUMBER: 0001104659-24-021132 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HONEYWELL INTERNATIONAL INC CENTRAL INDEX KEY: 0000773840 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 222640650 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36820 FILM NUMBER: 24628578 BUSINESS ADDRESS: STREET 1: 855 S. MINT STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-627-6200 MAIL ADDRESS: STREET 1: 855 S. MINT STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: ALLIEDSIGNAL INC DATE OF NAME CHANGE: 19940929 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01130-honeywellinternation.htm SCHEDULE 13G/A honeywellinternationalinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 8)* Name of issuer:  Honeywell International Inc Title of Class of Securities:  Common Stock CUSIP Number:  438516106 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  438516106 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 761,343 7.  SOLE DISPOSITIVE POWER 58,475,718 8.  SHARED DISPOSITIVE POWER 2,645,301 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 61,121,019 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.27% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Honeywell International Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 855 South Mini Street Charlotte, NC 28202 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvan