Charles Schwab Trust Co Boosts Holdings in Honeywell International Inc. $HON

Charles Schwab Trust Co grew its position in Honeywell International Inc. (NASDAQ:HON) by 2.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,774 shares of the conglomerate’s stock after purchasing an additional 50 shares during the quarter. Charles Schwab Trust Co’s holdings in Honeywell International were worth $413,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Pandora Wealth Inc. purchased a new position in Honeywell International during the 1st quarter worth approximately $33,000. 1248 Management LLC acquired a new stake in Honeywell International in the 1st quarter worth about $38,000. Quarry LP bought a new stake in shares of Honeywell International in the 1st quarter valued at approximately $41,000. Stone House Investment Management LLC acquired a new stake in shares of Honeywell International in the first quarter valued at $41,000. Finally, Garde Capital Inc. acquired a new position in shares of Honeywell International during the 1st quarter valued at about $42,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on HON. Wells Fargo & Company dropped their price objective on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Barclays increased their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Citigroup boosted their price target on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Finally, 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 on the stock in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and a consensus price target of $254.00.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $208.19 on Friday. The firm has a market capitalization of $132.18 billion, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 2.35 and a beta of 1.05. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month 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. The business’s fifty day simple moving average is $217.83 and its 200 day simple moving average is $217.37.

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, beating analysts’ consensus estimates of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The company had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same quarter last year, the company earned $2.49 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently declared 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 represents a $4.76 annualized dividend 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 currently 51.42%.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

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.