Honeywell International Inc. $HON Position Increased by KPP Advisory Services LLC

KPP Advisory Services LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% during the second quarter, Holdings Channel reports. The firm owned 9,975 shares of the conglomerate’s stock after acquiring an additional 180 shares during the quarter. KPP Advisory Services LLC’s holdings in Honeywell International were worth $2,323,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Brighton Jones LLC boosted its stake in Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares during the period. Vest Financial LLC boosted its position in Honeywell International by 65.1% during the 1st quarter. Vest Financial LLC now owns 10,744 shares of the conglomerate’s stock valued at $2,275,000 after purchasing an additional 4,236 shares during the period. Signal Advisors Wealth LLC bought a new position in Honeywell International during the 1st quarter worth $207,000. Sivia Capital Partners LLC boosted its stake in Honeywell International by 4.6% during the 1st quarter. Sivia Capital Partners LLC now owns 1,521 shares of the conglomerate’s stock valued at $322,000 after purchasing an additional 67 shares during the period. Finally, Perennial Advisors LLC raised its stake in shares of Honeywell International by 2.2% during the first quarter. Perennial Advisors LLC now owns 42,896 shares of the conglomerate’s stock valued at $9,083,000 after purchasing an additional 921 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the business’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 transaction, the chief executive officer directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $209.05 on Monday. The stock’s fifty day simple moving average is $215.63 and its 200 day simple moving average is $217.45. The stock has a market capitalization of $132.73 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 2.34 and a beta of 1.06. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results 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. The business had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.Honeywell International’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company posted $2.49 EPS. 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, sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal 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 issued a $1.19 dividend. 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%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio is currently 54.15%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HON. Morgan Stanley increased 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 report on Monday, July 28th. Wells Fargo & Company dropped their target price on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Barclays lifted their price target on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $254.79.

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.