Hendley & Co. Inc. Sells 110 Shares of Honeywell International Inc. $HON

Hendley & Co. Inc. cut its position in Honeywell International Inc. (NASDAQ:HON) by 0.6% in the second quarter, HoldingsChannel.com reports. The firm owned 19,575 shares of the conglomerate’s stock after selling 110 shares during the period. Honeywell International accounts for approximately 1.6% of Hendley & Co. Inc.’s investment portfolio, making the stock its 21st biggest holding. Hendley & Co. Inc.’s holdings in Honeywell International were worth $4,559,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Chung Wu Investment Group LLC bought a new position in Honeywell International in the second quarter worth about $26,000. Pandora Wealth Inc. purchased a new stake in shares of Honeywell International during the first quarter worth about $33,000. RMG Wealth Management LLC purchased a new stake in shares of Honeywell International during the second quarter worth about $33,000. 1248 Management LLC purchased a new stake in shares of Honeywell International during the first quarter worth about $38,000. Finally, Dogwood Wealth Management LLC grew its stake 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 worth $39,000 after acquiring an additional 95 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 10,334 shares in the company, valued at $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.41% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HON shares. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft boosted their price target on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Wells Fargo & Company dropped their target price on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, 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. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $254.07.

Honeywell International Trading Down 0.0%

Honeywell International stock opened at $208.98 on Wednesday. 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 Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock’s 50 day simple moving average is $215.05 and its two-hundred day simple moving average is $217.38. The firm has a market cap of $132.68 billion, a PE ratio of 23.77, a P/E/G ratio of 2.34 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter in the prior year, the firm posted $2.49 EPS. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. 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. Stockholders of record on Friday, November 14th will be given a dividend of $1.19 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. Honeywell International’s payout ratio is 51.42%.

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.