Legacy Trust Purchases 115 Shares of Honeywell International Inc. $HON

Legacy Trust raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,673 shares of the conglomerate’s stock after acquiring an additional 115 shares during the period. Legacy Trust’s holdings in Honeywell International were worth $622,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HON. Brighton Jones LLC boosted its stake in shares of 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 buying an additional 1,582 shares during the period. Vest Financial LLC boosted its stake in shares of Honeywell International by 65.1% in 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. Foster Group Inc. boosted its stake in shares of Honeywell International by 15.3% in the first quarter. Foster Group Inc. now owns 1,745 shares of the conglomerate’s stock valued at $369,000 after buying an additional 231 shares during the period. Signal Advisors Wealth LLC bought a new stake in shares of Honeywell International in the first quarter valued at approximately $207,000. Finally, Curat Global LLC bought a new stake in shares of Honeywell International in the first quarter valued at approximately $148,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Deutsche Bank Aktiengesellschaft boosted their price target on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday. Wells Fargo & Company cut their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, July 25th. Royal Bank Of Canada cut their price target 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. Finally, Morgan Stanley boosted their price objective 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. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Honeywell International has an average rating of “Moderate Buy” and a consensus target price of $254.79.

Honeywell International Stock Down 0.9%

Shares of HON opened at $209.05 on Friday. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company has a market cap of $132.73 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.36 and a beta of 1.06. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. The firm has a 50 day simple moving average of $215.63 and a two-hundred day simple moving average of $217.40.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.49 earnings per share. 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 forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio (DPR) is currently 51.42%.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $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 accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

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.