Lakeshore Capital Group Inc. Has $714,000 Stock Position in Honeywell International Inc. $HON

Lakeshore Capital Group Inc. boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,065 shares of the conglomerate’s stock after purchasing an additional 142 shares during the period. Lakeshore Capital Group Inc.’s holdings in Honeywell International were worth $714,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Chung Wu Investment Group LLC acquired a new stake in shares of Honeywell International in the second quarter worth about $26,000. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International in the first quarter worth about $33,000. RMG Wealth Management LLC acquired a new stake in shares of Honeywell International in the second quarter worth about $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International in the first quarter worth about $38,000. Finally, Dogwood Wealth Management LLC lifted its position in shares of Honeywell International by 143.9% in the second quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock worth $39,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction dated Wednesday, August 27th. The stock was 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 in the company, valued at $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

HON has been the subject of a number of analyst reports. Royal Bank Of Canada reduced 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft boosted their price objective on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, Morgan Stanley boosted their price objective on Honeywell International from $225.00 to $245.00 and gave the stock 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.07.

Honeywell International Price Performance

NASDAQ HON opened at $208.98 on Wednesday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. 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 $132.68 billion, a PE ratio of 23.77, a P/E/G ratio of 2.34 and a beta of 1.06. The stock has a 50-day simple moving average of $215.05 and a 200 day simple moving average of $217.38.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same period in the previous year, the company posted $2.49 earnings per share. The company’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 anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be paid a dividend of $1.19 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is presently 51.42%.

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.