1900 Wealth Management LLC Sells 379 Shares of Honeywell International Inc. $HON

1900 Wealth Management LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 14.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,285 shares of the conglomerate’s stock after selling 379 shares during the period. 1900 Wealth Management LLC’s holdings in Honeywell International were worth $532,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Pandora Wealth Inc. bought a new position in shares of Honeywell International in the first quarter valued at approximately $33,000. Dogwood Wealth Management LLC raised its stake 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 acquiring an additional 95 shares during the last quarter. 1248 Management LLC bought a new position in shares of Honeywell International in the first quarter valued at approximately $38,000. Quarry LP bought a new position in shares of Honeywell International in the first quarter valued at approximately $41,000. Finally, Stone House Investment Management LLC bought a new position in shares of Honeywell International in the first quarter valued at approximately $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON stock opened at $211.01 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. The company has a 50 day moving average price of $215.93 and a 200 day moving average price of $217.35. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The stock has a market capitalization of $133.97 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter in the previous year, the company posted $2.49 EPS. Honeywell International’s 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. Analysts forecast that Honeywell International Inc. will post 10.34 EPS 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 dividend of $1.19 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) is presently 54.15%.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International 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 completion of the sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted 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 cut their target price on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research note on Friday, July 25th. Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company cut their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. 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.