Running Oak Capital LLC Buys 1,252 Shares of Honeywell International Inc. $HON

Running Oak Capital LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 1.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 72,525 shares of the conglomerate’s stock after buying an additional 1,252 shares during the period. Honeywell International makes up 1.9% of Running Oak Capital LLC’s portfolio, making the stock its 20th largest holding. Running Oak Capital LLC’s holdings in Honeywell International were worth $16,890,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of HON. Pandora Wealth Inc. acquired a new stake in Honeywell International in the 1st quarter worth about $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International in the first quarter valued at approximately $38,000. Dogwood Wealth Management LLC raised its position in shares of Honeywell International by 143.9% in the second quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock valued at $39,000 after buying an additional 95 shares in the last quarter. Stone House Investment Management LLC bought a new stake in shares of Honeywell International in the first quarter valued at approximately $41,000. Finally, Quarry LP bought a new position in Honeywell International during the 1st quarter worth $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Down 0.9%

Shares of Honeywell International stock opened at $209.05 on Monday. The firm’s 50 day moving average is $215.63 and its 200 day moving average is $217.45. The firm has a market capitalization of $132.73 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81.

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 analysts’ consensus estimates of $2.66 by $0.09. The firm 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 company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $2.49 earnings per share. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given 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 is Friday, November 14th. Honeywell International’s dividend payout ratio is 54.15%.

Insider Activity 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 stock was sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the sale, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays raised their target price 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. Royal Bank Of Canada cut their price target on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. Finally, Wells Fargo & Company reduced 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 research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $254.79.

Honeywell International 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.