Honeywell International Inc. $HON Shares Bought by Childress Capital Advisors LLC

Childress Capital Advisors LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 15.0% during the 2nd quarter, Holdings Channel reports. The firm owned 2,624 shares of the conglomerate’s stock after buying an additional 343 shares during the period. Childress Capital Advisors LLC’s holdings in Honeywell International were worth $611,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HON. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International during the first quarter worth about $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $38,000. Stone House Investment Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $41,000. Quarry LP acquired a new stake in shares of Honeywell International during the first quarter worth about $41,000. Finally, Garde Capital Inc. acquired a new stake in shares of Honeywell International during the first quarter worth about $42,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Citigroup increased their price target on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Morgan Stanley raised their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Barclays raised their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Wells Fargo & Company reduced their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. Finally, Royal Bank Of Canada reduced 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. One equities research 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $254.00.

Insiders Place Their Bets

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction that occurred 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 owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This trade 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 can be accessed through this link. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.6%

HON stock opened at $210.53 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 twelve month low of $179.36 and a twelve month high of $242.77. The company’s 50 day moving average is $216.79 and its two-hundred day moving average is $217.39. The stock has a market cap of $133.67 billion, a P/E ratio of 23.95, a PEG ratio of 2.36 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter last year, the company earned $2.49 earnings per share. 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. Research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The business also recently disclosed 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 is an increase from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. Honeywell International’s dividend 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.