Honeywell International Inc. $HON Holdings Lowered by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,576 shares of the conglomerate’s stock after selling 50 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Honeywell International were worth $600,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. NBC Securities Inc. boosted its stake in Honeywell International by 115,333.3% during the first quarter. NBC Securities Inc. now owns 3,463 shares of the conglomerate’s stock valued at $733,000 after buying an additional 3,460 shares in the last quarter. Apella Capital LLC grew its holdings in Honeywell International by 74.4% during the first quarter. Apella Capital LLC now owns 3,301 shares of the conglomerate’s stock worth $657,000 after acquiring an additional 1,408 shares during the period. Strategic Planning Group LLC raised its position in Honeywell International by 12.7% in the first quarter. Strategic Planning Group LLC now owns 21,020 shares of the conglomerate’s stock worth $4,451,000 after acquiring an additional 2,371 shares in the last quarter. Finally, Lakeshore Capital Group Inc. raised its position in Honeywell International by 2.0% in the first quarter. Lakeshore Capital Group Inc. now owns 2,923 shares of the conglomerate’s stock worth $619,000 after acquiring an additional 58 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the completion of the sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.20% of the stock is currently owned by insiders.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $210.18 on Thursday. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The stock has a market cap of $133.44 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. The business has a fifty day simple moving average of $216.20 and a 200-day simple moving average of $217.34.

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

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a $1.19 dividend. The ex-dividend date is Friday, November 14th. This represents a $4.76 annualized dividend and a yield of 2.3%. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) is currently 51.42%.

Analysts Set New Price Targets

HON has been the topic of several recent research 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. Wells Fargo & Company reduced their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, July 25th. Morgan Stanley upped their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Citigroup increased their price objective on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Finally, Barclays lifted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $254.00.

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.