Two Point Capital Management Inc. Invests $9.71 Million in Honeywell International Inc. $HON

Two Point Capital Management Inc. acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 41,673 shares of the conglomerate’s stock, valued at approximately $9,705,000. Honeywell International makes up approximately 4.1% of Two Point Capital Management Inc.’s holdings, making the stock its 13th largest position.

Several other institutional investors also recently bought and sold shares of HON. Vanguard Group Inc. increased its holdings in Honeywell International by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 62,209,455 shares of the conglomerate’s stock worth $13,172,852,000 after acquiring an additional 447,744 shares in the last quarter. Wellington Management Group LLP lifted its stake in Honeywell International by 8.9% in the 1st quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate’s stock valued at $3,335,476,000 after buying an additional 1,293,137 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Honeywell International by 9.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,038,080 shares of the conglomerate’s stock worth $1,278,563,000 after buying an additional 505,083 shares during the last quarter. Invesco Ltd. increased its stake in Honeywell International by 5.4% during the 1st quarter. Invesco Ltd. now owns 5,568,610 shares of the conglomerate’s stock worth $1,179,153,000 after buying an additional 283,193 shares in the last quarter. Finally, Nuveen LLC acquired a new position in shares of Honeywell International during the first quarter valued at approximately $1,150,929,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HON. Wells Fargo & Company lowered 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 research note on Friday, July 25th. Royal Bank Of Canada dropped their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research report on Friday, July 25th. Barclays boosted their price objective 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 upped their price objective on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a report on Thursday. Finally, Morgan Stanley boosted 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and a consensus target price of $254.79.

Honeywell International Stock Up 0.4%

Shares of NASDAQ HON opened at $211.01 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The business’s 50 day moving average is $215.93 and its two-hundred day moving average is $217.35. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The firm has a market cap of $133.97 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 2.37 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last announced 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 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 business posted $2.49 earnings per share. 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. Research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The business also recently disclosed 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 an increase from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio is currently 54.15%.

Insider Activity

In related news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 10,334 shares in the company, 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 SEC, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

About Honeywell International

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.