Barrett & Company Inc. Has $361,000 Stock Position in Honeywell International Inc. $HON

Barrett & Company Inc. boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 12.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,551 shares of the conglomerate’s stock after purchasing an additional 171 shares during the quarter. Barrett & Company Inc.’s holdings in Honeywell International were worth $361,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HON. Two Point Capital Management Inc. bought a new position in shares of Honeywell International in the second quarter worth about $9,705,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Honeywell International by 4.9% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 13,072 shares of the conglomerate’s stock valued at $3,044,000 after acquiring an additional 616 shares during the last quarter. Synergy Asset Management LLC boosted its holdings in Honeywell International by 3.9% in the second quarter. Synergy Asset Management LLC now owns 36,872 shares of the conglomerate’s stock valued at $8,587,000 after acquiring an additional 1,383 shares during the last quarter. Verus Financial Partners Inc. boosted its holdings in Honeywell International by 10.6% in the second quarter. Verus Financial Partners Inc. now owns 1,126 shares of the conglomerate’s stock valued at $269,000 after acquiring an additional 108 shares during the last quarter. Finally, Mattern Capital Management LLC boosted its holdings in Honeywell International by 2.8% in the second quarter. Mattern Capital Management LLC now owns 41,834 shares of the conglomerate’s stock valued at $9,742,000 after acquiring an additional 1,139 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on HON shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Morgan Stanley boosted their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Royal Bank Of Canada dropped their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research note on Friday, July 25th. Wells Fargo & Company dropped their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. Finally, Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and an average target price of $254.79.

Insider Buying and Selling

In related news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction on 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 directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $209.05 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock’s 50 day moving average is $215.63 and its 200-day moving average is $217.34. The firm has a market capitalization of $132.73 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 2.38 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share 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 analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.Honeywell International’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm 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. Sell-side 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. Investors of record on Friday, November 14th will be given a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is currently 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.