Arlington Trust Co LLC Lowers Stock Position in Honeywell International Inc. $HON

Arlington Trust Co LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 11.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 855 shares of the conglomerate’s stock after selling 109 shares during the period. Arlington Trust Co LLC’s holdings in Honeywell International were worth $199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HON. Brighton Jones LLC lifted its holdings in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after buying an additional 1,582 shares in the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Honeywell International during the 4th quarter valued at about $85,000. Silvercrest Asset Management Group LLC grew its position in shares of Honeywell International by 10.2% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 15,334 shares of the conglomerate’s stock valued at $3,464,000 after buying an additional 1,415 shares during the last quarter. Toronto Dominion Bank increased its stake in shares of Honeywell International by 5.8% in the fourth quarter. Toronto Dominion Bank now owns 346,021 shares of the conglomerate’s stock valued at $78,163,000 after purchasing an additional 19,010 shares during the period. Finally, Thomist Capital Management LP acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $2,968,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of a number of research analyst reports. Royal Bank Of Canada lowered their price objective on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research note on Friday, July 25th. Citigroup increased their target price on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Barclays raised their price target on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Finally, Wells Fargo & Company cut their price target on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $254.00.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $211.46 on Monday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. The firm’s 50-day simple moving average is $223.41 and its 200-day simple moving average is $217.49. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The firm has a market cap of $134.26 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 2.39 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.49 EPS. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. As a group, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were paid a $1.13 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s payout ratio is currently 51.42%.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.