Ameritas Advisory Services LLC Reduces Position in Honeywell International Inc. $HON

Ameritas Advisory Services LLC lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 17.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,526 shares of the conglomerate’s stock after selling 1,805 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Honeywell International were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of HON. Brighton Jones LLC boosted its stake 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 worth $4,302,000 after acquiring an additional 1,582 shares during the last quarter. Beacon Financial Group boosted its stake in shares of Honeywell International by 52.6% during the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock worth $796,000 after acquiring an additional 1,295 shares during the last quarter. Charles Schwab Trust Co boosted its stake in shares of Honeywell International by 59.0% during the 1st quarter. Charles Schwab Trust Co now owns 1,724 shares of the conglomerate’s stock worth $365,000 after acquiring an additional 640 shares during the last quarter. Retirement Planning Group LLC purchased a new position in shares of Honeywell International during the 1st quarter worth $226,000. Finally, Vest Financial LLC boosted its stake in shares of Honeywell International by 65.1% during the 1st quarter. Vest Financial LLC now owns 10,744 shares of the conglomerate’s stock worth $2,275,000 after acquiring an additional 4,236 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In other 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 sale, the chief executive officer directly owned 10,334 shares in the company, valued at $2,289,807.72. The trade was a 80.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.20% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $209.05 on Friday. 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 company has a market cap of $132.73 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.38 and a beta of 1.06. The firm’s fifty day moving average is $215.63 and its two-hundred day moving average is $217.34. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. Honeywell International’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $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, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be issued a $1.19 dividend. The ex-dividend date is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is presently 51.42%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Wells Fargo & Company lowered their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. 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. Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and an average target price of $254.79.

Read Our Latest Report on Honeywell International

Honeywell International Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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