Honeywell International Inc. $HON Shares Sold by TruNorth Capital Management LLC

TruNorth Capital Management LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 14.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,000 shares of the conglomerate’s stock after selling 350 shares during the quarter. TruNorth Capital Management LLC’s holdings in Honeywell International were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in HON. Brighton Jones LLC increased its stake in Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. NBC Securities Inc. increased its stake in Honeywell International by 115,333.3% in the first quarter. NBC Securities Inc. now owns 3,463 shares of the conglomerate’s stock valued at $733,000 after purchasing an additional 3,460 shares during the last quarter. Apella Capital LLC increased its stake in Honeywell International by 74.4% in the first quarter. Apella Capital LLC now owns 3,301 shares of the conglomerate’s stock valued at $657,000 after purchasing an additional 1,408 shares during the last quarter. Strategic Planning Group LLC increased its stake in Honeywell International by 12.7% in the first quarter. Strategic Planning Group LLC now owns 21,020 shares of the conglomerate’s stock valued at $4,451,000 after purchasing an additional 2,371 shares during the last quarter. Finally, Lakeshore Capital Group Inc. grew its position in Honeywell International by 2.0% during the first quarter. Lakeshore Capital Group Inc. now owns 2,923 shares of the conglomerate’s stock valued at $619,000 after acquiring an additional 58 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HON has been the subject of a number of research reports. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Wells Fargo & Company lowered their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, July 25th. 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 report on Monday, July 28th. Citigroup boosted their price target on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Finally, Royal Bank Of Canada lowered 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $254.00.

Insider Buying and Selling

In related news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $210.18 on Thursday. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The business has a 50-day moving average of $216.20 and a 200-day moving average of $217.34. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. The company has a market capitalization of $133.44 billion, a price-to-earnings ratio of 23.91, 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 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 company had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the prior year, the business earned $2.49 earnings per share. The company’s 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. On average, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS 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. Investors of record on Friday, November 14th will be issued a $1.19 dividend. This is an increase 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%. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio (DPR) is currently 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.