Honeywell International Inc. $HON Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. cut its position in Honeywell International Inc. (NASDAQ:HON) by 2.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,753 shares of the conglomerate’s stock after selling 165 shares during the period. Nicolet Bankshares Inc.’s holdings in Honeywell International were worth $1,642,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at about $29,000. Accredited Wealth Management LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at about $34,000. Pandora Wealth Inc. acquired a new position in shares of Honeywell International in the first quarter valued at about $33,000. Banque de Luxembourg S.A. acquired a new position in shares of Honeywell International in the fourth quarter valued at about $38,000. Finally, Stone House Investment Management LLC acquired a new stake in Honeywell International during the first quarter worth about $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on HON shares. Wells Fargo & Company dropped their target price on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. Mizuho raised their target price on Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. JPMorgan Chase & Co. raised their target price on Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Finally, Citigroup raised their target price on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $254.00.

Honeywell International Stock Down 1.0%

Shares of HON opened at $220.61 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock’s 50 day moving average is $226.87 and its two-hundred day moving average is $216.70. The firm has a market cap of $140.07 billion, a P/E ratio of 25.10, a PEG ratio of 2.52 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The business 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%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the business posted $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 predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, August 15th. Honeywell International’s dividend payout ratio (DPR) is 51.42%.

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.