Valeo Financial Advisors LLC Acquires 452 Shares of Honeywell International Inc. $HON

Valeo Financial Advisors LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 22,333 shares of the conglomerate’s stock after purchasing an additional 452 shares during the period. Valeo Financial Advisors LLC’s holdings in Honeywell International were worth $5,201,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HON. Pandora Wealth Inc. bought a new position in Honeywell International during the first quarter worth about $33,000. 1248 Management LLC bought a new position in Honeywell International during the first quarter worth about $38,000. Dogwood Wealth Management LLC grew its holdings in Honeywell International by 143.9% during the second quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock worth $39,000 after purchasing an additional 95 shares during the period. Stone House Investment Management LLC bought a new position in Honeywell International during the first quarter worth about $41,000. Finally, Quarry LP bought a new position in Honeywell International during the first quarter worth about $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0%

Shares of HON stock opened at $209.00 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. The stock has a market cap of $132.69 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. The stock has a 50 day simple moving average of $215.31 and a 200 day simple moving average of $217.44. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year 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 business had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm’s revenue for the quarter 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. On average, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be paid a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is presently 51.42%.

Insider Activity

In related news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HON shares. Barclays lifted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Royal Bank Of Canada reduced their price objective on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. Morgan Stanley boosted their price objective on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a report on Saturday, September 27th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. One investment 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.07.

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.