Honeywell International Inc. $HON Shares Sold by Northern Financial Advisors Inc

Northern Financial Advisors Inc lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,293 shares of the conglomerate’s stock after selling 448 shares during the period. Honeywell International makes up approximately 1.1% of Northern Financial Advisors Inc’s portfolio, making the stock its 28th biggest holding. Northern Financial Advisors Inc’s holdings in Honeywell International were worth $1,465,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of HON. Nuveen LLC acquired a new position in shares of Honeywell International in the first quarter valued at approximately $1,150,929,000. Wellington Management Group LLP increased its holdings in shares of Honeywell International by 8.9% in the first quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate’s stock valued at $3,335,476,000 after purchasing an additional 1,293,137 shares during the period. Alliancebernstein L.P. increased its holdings in shares of Honeywell International by 64.6% in the first quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate’s stock valued at $561,634,000 after purchasing an additional 1,041,273 shares during the period. Vista Cima Wealth Management LLC acquired a new position in shares of Honeywell International in the first quarter valued at approximately $164,000. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Honeywell International by 592.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 867,665 shares of the conglomerate’s stock valued at $183,728,000 after purchasing an additional 742,281 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 0.0%

HON opened at $208.98 on Wednesday. The business’s fifty day moving average is $215.05 and its two-hundred day moving average is $217.38. 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 company has a market cap of $132.68 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 2.34 and a beta of 1.06. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.Honeywell International’s quarterly revenue was up 8.1% compared to the same quarter last year. 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. Analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

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

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a report on Saturday, September 27th. Deutsche Bank Aktiengesellschaft upped their price objective on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Morgan Stanley upped their price objective on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Royal Bank Of Canada dropped their price objective on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday, July 25th. Finally, Barclays upped their price objective on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. 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. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and an average price target of $254.07.

About Honeywell International

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.