Valpey Financial Services LLC Makes New $249,000 Investment in Honeywell International Inc. $HON

Valpey Financial Services LLC acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,070 shares of the conglomerate’s stock, valued at approximately $249,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HON. Pandora Wealth Inc. acquired a new stake in Honeywell International during the first quarter worth approximately $33,000. Dogwood Wealth Management LLC raised its stake in 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 in the last quarter. 1248 Management LLC purchased a new stake in Honeywell International in the first quarter valued at $38,000. Quarry LP acquired a new position in Honeywell International in the first quarter valued at $41,000. Finally, Stone House Investment Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.9%

Shares of Honeywell International stock opened at $209.05 on Monday. The firm has a market cap of $132.73 billion, a price-to-earnings ratio of 23.78, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The company’s 50-day simple moving average is $215.63 and its 200-day simple moving average is $217.45. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data 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 company had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company 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, equities research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The firm also recently announced 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 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. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio is 54.15%.

Insider Activity at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business’s 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HON shares. Morgan Stanley upped their target price 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. Barclays increased their price objective on 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 target price on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Wells Fargo & Company lowered their price objective 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 research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $254.79.

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.