Ashton Thomas Securities LLC Reduces Holdings in Honeywell International Inc. $HON

Ashton Thomas Securities LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 5.5% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,057 shares of the conglomerate’s stock after selling 62 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Honeywell International were worth $246,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of HON. Brighton Jones LLC raised its stake in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Beacon Financial Group grew its holdings in shares of Honeywell International by 52.6% during the first quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock worth $796,000 after buying an additional 1,295 shares in the last quarter. Charles Schwab Trust Co raised its position in shares of Honeywell International by 59.0% in the first quarter. Charles Schwab Trust Co now owns 1,724 shares of the conglomerate’s stock valued at $365,000 after buying an additional 640 shares during the last quarter. Retirement Planning Group LLC purchased a new position in shares of Honeywell International during the first quarter valued at approximately $226,000. Finally, Vest Financial LLC lifted its stake in shares of Honeywell International by 65.1% during the first quarter. Vest Financial LLC now owns 10,744 shares of the conglomerate’s stock valued at $2,275,000 after buying an additional 4,236 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HON. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a report on Saturday, September 27th. Royal Bank Of Canada dropped their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research note on Friday, July 25th. Morgan Stanley raised their price target on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft lifted their price target on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a report on Thursday. Finally, Barclays raised their target price on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $254.79.

Insider Activity at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Honeywell International Stock Down 0.9%

Shares of NASDAQ:HON opened at $209.05 on Friday. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The stock has a 50-day simple moving average of $215.63 and a 200-day simple moving average of $217.34. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. The stock has a market capitalization of $132.73 billion, a P/E ratio of 23.78, a PEG ratio of 2.38 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last announced 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. 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 for the quarter, compared to analysts’ expectations of $10.01 billion. During the same period in the previous year, the company posted $2.49 earnings per share. Honeywell International’s 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. Equities analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current 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 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. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio is 51.42%.

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.