Fishman Jay A Ltd. MI Decreases Position in Honeywell International Inc. $HON

Fishman Jay A Ltd. MI cut its stake in Honeywell International Inc. (NASDAQ:HON) by 9.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,609 shares of the conglomerate’s stock after selling 1,663 shares during the quarter. Fishman Jay A Ltd. MI’s holdings in Honeywell International were worth $3,635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Chung Wu Investment Group LLC bought a new stake in Honeywell International in the second quarter worth about $26,000. Pandora Wealth Inc. bought a new position in shares of Honeywell International during the first quarter valued at approximately $33,000. 1248 Management LLC purchased a new stake in shares of Honeywell International in the first quarter worth approximately $38,000. Dogwood Wealth Management LLC lifted its stake in shares of Honeywell International by 143.9% during the 2nd quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock worth $39,000 after acquiring an additional 95 shares during the last quarter. Finally, Stone House Investment Management LLC bought a new stake in shares of Honeywell International during the 1st quarter worth approximately $41,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 0.9%

NASDAQ:HON opened at $209.05 on Monday. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. 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 has a market cap of $132.73 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.34 and a beta of 1.06. The firm has a 50-day simple moving average of $215.63 and a 200-day simple moving average of $217.45.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data 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. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. During the same period last year, the firm earned $2.49 earnings per share. The company’s quarterly revenue 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. Equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

The firm 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. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio is 54.15%.

Insider Buying and Selling at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction that occurred on 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 $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of several research analyst reports. Morgan Stanley upped their price objective on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Deutsche Bank Aktiengesellschaft boosted 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. Royal Bank Of Canada reduced their price target 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. Barclays lifted their price objective 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, Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $254.79.

About Honeywell International

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.