Heck Capital Advisors LLC boosted its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 11.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,307 shares of the conglomerate’s stock after acquiring an additional 136 shares during the period. Heck Capital Advisors LLC’s holdings in Honeywell International were worth $304,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Chung Wu Investment Group LLC acquired a new stake in Honeywell International in the 2nd quarter valued at $26,000. Pandora Wealth Inc. acquired a new position in Honeywell International during the first quarter worth $33,000. 1248 Management LLC bought a new position in shares of Honeywell International in the first quarter valued at $38,000. Dogwood Wealth Management LLC grew its holdings in shares of Honeywell International by 143.9% during 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 during the last quarter. Finally, Stone House Investment Management LLC bought a new stake in shares of Honeywell International during the first quarter worth about $41,000. Institutional investors own 75.91% of the company’s stock.
Insider Buying and Selling
In related news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total value of $9,339,375.42. Following the transaction, the chief executive officer owned 10,334 shares in the company, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.
Honeywell International Stock Down 0.0%
Honeywell International (NASDAQ:HON – Get Free Report) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business’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 business 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. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.
Honeywell International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) is 51.42%.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Morgan Stanley lifted their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Royal Bank Of Canada cut their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research report on Friday, July 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Wells Fargo & Company dropped their price objective on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Barclays upped their target price on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and an average target price of $254.07.
Get Our Latest Research Report on Honeywell International
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.
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