Notis McConarty Edward Sells 75 Shares of Honeywell International Inc. $HON

Notis McConarty Edward decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,132 shares of the conglomerate’s stock after selling 75 shares during the period. Notis McConarty Edward’s holdings in Honeywell International were worth $264,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Red Door Wealth Management LLC grew its holdings in shares of Honeywell International by 2.6% during the first quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate’s stock valued at $6,160,000 after buying an additional 736 shares during the last quarter. Amundi grew its holdings in shares of Honeywell International by 30.2% during the first quarter. Amundi now owns 519,882 shares of the conglomerate’s stock valued at $107,450,000 after buying an additional 120,706 shares during the last quarter. Spinnaker Trust grew its holdings in shares of Honeywell International by 2.4% during the first quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate’s stock valued at $2,456,000 after buying an additional 276 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Honeywell International by 11.4% during the first quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate’s stock valued at $6,035,000 after buying an additional 2,915 shares during the last quarter. Finally, WIM INVESTMENT MANAGEMENT Ltd grew its holdings in shares of Honeywell International by 40.5% during the first quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 28,800 shares of the conglomerate’s stock valued at $6,098,000 after buying an additional 8,300 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the completion of the sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at $2,289,807.72. The trade was a 80.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

Honeywell International Trading Up 0.4%

Shares of HON stock opened at $209.85 on Thursday. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm’s 50 day moving average is $214.81 and its 200 day moving average is $217.33. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $133.23 billion, a P/E ratio of 23.87, a P/E/G ratio of 2.34 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the previous year, the firm posted $2.49 EPS. The company’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. Research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be given a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is presently 54.15%.

Analyst Ratings Changes

HON has been the topic of a number of recent analyst reports. Barclays increased their price target on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Royal Bank Of Canada cut 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 report on Friday, July 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. TD Cowen dropped their target price on shares of Honeywell International from $260.00 to $250.00 in a report on Tuesday. Finally, Jefferies Financial Group dropped their target price on shares of Honeywell International from $240.00 to $230.00 and set a “hold” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and a consensus target price of $251.80.

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.