Martingale Asset Management L P Has $5.40 Million Holdings in Honeywell International Inc. $HON

Martingale Asset Management L P reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 22.8% during the 1st quarter, Holdings Channel reports. The fund owned 25,492 shares of the conglomerate’s stock after selling 7,510 shares during the quarter. Martingale Asset Management L P’s holdings in Honeywell International were worth $5,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of HON. Brighton Jones LLC boosted its holdings in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares in the last quarter. MGO One Seven LLC raised its position in Honeywell International by 9.6% in the 4th quarter. MGO One Seven LLC now owns 8,753 shares of the conglomerate’s stock worth $1,977,000 after purchasing an additional 767 shares during the last quarter. J. Stern & Co. LLP raised its position in Honeywell International by 19.5% in the 4th quarter. J. Stern & Co. LLP now owns 239,274 shares of the conglomerate’s stock worth $54,050,000 after purchasing an additional 39,032 shares during the last quarter. Burling Wealth Partners LLC bought a new position in Honeywell International in the 4th quarter worth approximately $5,972,000. Finally, Integrated Wealth Concepts LLC raised its position in Honeywell International by 3.3% in the 4th quarter. Integrated Wealth Concepts LLC now owns 25,587 shares of the conglomerate’s stock worth $5,780,000 after purchasing an additional 822 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $217.42 on Friday. The firm has a fifty day moving average of $226.97 and a two-hundred day moving average of $216.59. The stock has a market capitalization of $138.04 billion, a price-to-earnings ratio of 24.73, a PEG ratio of 2.45 and a beta of 1.08. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating the consensus estimate of $2.66 by $0.09. The company had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.49 EPS. 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, equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be given a $1.13 dividend. The ex-dividend date is Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s dividend payout ratio is currently 51.42%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Royal Bank Of Canada dropped their price objective on shares of 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. Citigroup boosted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Barclays boosted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $254.00.

Honeywell International Company 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.