TFG Advisers LLC Has $993,000 Stock Position in Honeywell International Inc. $HON

TFG Advisers LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,265 shares of the conglomerate’s stock after selling 53 shares during the period. TFG Advisers LLC’s holdings in Honeywell International were worth $993,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Pandora Wealth Inc. acquired a new stake in Honeywell International during the first quarter valued at $33,000. 1248 Management LLC bought a new position in Honeywell International during the first quarter valued at approximately $38,000. Dogwood Wealth Management LLC lifted its stake in Honeywell International by 143.9% in the second quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock valued at $39,000 after acquiring an additional 95 shares during the last quarter. Stone House Investment Management LLC acquired a new position in shares of Honeywell International during the 1st quarter worth $41,000. Finally, Quarry LP acquired a new position in shares of Honeywell International during the 1st quarter worth $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

NASDAQ HON opened at $210.18 on Thursday. The company’s fifty day moving average is $216.20 and its two-hundred day moving average is $217.34. The firm has a market capitalization of $133.44 billion, a price-to-earnings ratio of 23.91, 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 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current 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 given a dividend of $1.19 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. Honeywell International’s dividend payout ratio is currently 51.42%.

Insiders Place Their Bets

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction on 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 in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HON shares. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, July 25th. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Morgan Stanley raised their price objective on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, 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 report on Friday, July 25th. 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 an average price target of $254.00.

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.