Kenneth West Sells 316 Shares of Honeywell International (NASDAQ:HON) Stock

Honeywell International Inc. (NASDAQ:HON) CEO Kenneth West sold 316 shares of Honeywell International stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $245.47, for a total value of $77,568.52. Following the completion of the sale, the chief executive officer owned 2,004 shares of the company’s stock, valued at approximately $491,921.88. The trade was a 13.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Honeywell International Trading Up 0.8%

Shares of NASDAQ HON opened at $248.79 on Wednesday. The company’s 50 day simple moving average is $229.17 and its 200 day simple moving average is $228.67. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. The firm has a market capitalization of $78.85 billion, a P/E ratio of 9.62, a P/E/G ratio of 5.53 and a beta of 0.89. Honeywell International Inc. has a fifty-two week low of $196.59 and a fifty-two week high of $261.24.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. During the same period last year, the company earned $1.77 EPS. The firm’s revenue was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, analysts predict that Honeywell International Inc. will post 8.25 EPS for the current year.

Honeywell International Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be issued a $0.70 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.1%. Honeywell International’s dividend payout ratio (DPR) is 36.80%.

Institutional Trading of Honeywell International

Institutional investors and hedge funds have recently made changes to their positions in the company. Cardinal Capital Management Inc. increased its position in shares of Honeywell International by 6.1% during the fourth quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after buying an additional 7,929 shares during the period. Douglas Lane & Associates LLC boosted its position in shares of Honeywell International by 56.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after purchasing an additional 26,162 shares in the last quarter. Exencial Wealth Advisors LLC boosted its holdings in Honeywell International by 36.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after acquiring an additional 21,770 shares in the last quarter. Valley Wealth Managers Inc. grew its position in Honeywell International by 33.9% in the 4th quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after purchasing an additional 28,875 shares during the period. Finally, MADDEN SECURITIES Corp purchased a new stake in shares of Honeywell International in the fourth quarter worth approximately $1,418,000. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the topic of several research analyst reports. TD Cowen dropped their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Rothschild & Co Redburn lowered their target price on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Royal Bank Of Canada upped their price target on shares of Honeywell International from $272.00 to $298.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Sanford C. Bernstein initiated coverage on Honeywell International in a research note on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Thirteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and a consensus target price of $254.25.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.