Franklin Street Advisors Inc. NC Raises Stock Position in Honeywell International Inc. $HON

Franklin Street Advisors Inc. NC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,260 shares of the conglomerate’s stock after acquiring an additional 277 shares during the period. Franklin Street Advisors Inc. NC’s holdings in Honeywell International were worth $1,691,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Pandora Wealth Inc. purchased a new position in shares of Honeywell International in the 1st quarter valued at $33,000. Dogwood Wealth Management LLC increased its stake in Honeywell International by 143.9% during the 2nd 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 period. 1248 Management LLC purchased a new stake in Honeywell International during the 1st quarter worth $38,000. Quarry LP purchased a new stake in Honeywell International during the 1st quarter worth $41,000. Finally, Stone House Investment Management LLC purchased a new stake in Honeywell International during the 1st quarter worth $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Shares of HON stock opened at $209.05 on Friday. The firm has a market cap of $132.73 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.38 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. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The firm has a fifty day moving average of $215.63 and a two-hundred day moving average of $217.34.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period last year, the business earned $2.49 EPS. The firm’s revenue for the quarter 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. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The firm 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 $1.19 dividend. 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. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. Honeywell International’s dividend payout ratio (DPR) is presently 51.42%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HON shares. Royal Bank Of Canada dropped their price target on shares of 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. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley lifted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Finally, Barclays lifted their price target on shares of Honeywell International from $258.00 to $265.00 and gave the stock 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 given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Moderate Buy” and a consensus target price of $254.79.

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.