Value Partners Investments Inc. Acquires 702 Shares of Honeywell International Inc. $HON

Value Partners Investments Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 17.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,630 shares of the conglomerate’s stock after acquiring an additional 702 shares during the period. Value Partners Investments Inc.’s holdings in Honeywell International were worth $1,077,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in HON. Nuveen LLC acquired a new stake in shares of Honeywell International during the first quarter worth $1,150,929,000. GAMMA Investing LLC boosted its holdings in Honeywell International by 20,894.0% during the first quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate’s stock worth $2,809,110,000 after buying an additional 1,320,295 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Honeywell International by 8.9% during the 1st quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate’s stock worth $3,335,476,000 after buying an additional 1,293,137 shares during the period. Alliancebernstein L.P. increased its stake in shares of Honeywell International by 64.6% in the 1st quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate’s stock valued at $561,634,000 after acquiring an additional 1,041,273 shares during the last quarter. Finally, Vista Cima Wealth Management LLC acquired a new stake in shares of Honeywell International in the 1st quarter valued at approximately $164,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada decreased 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 report on Friday, July 25th. Wells Fargo & Company decreased their price target on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, July 25th. Citigroup upped their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Barclays lifted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, Morgan Stanley increased their price target on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. One equities 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, Honeywell International has a consensus rating of “Moderate Buy” and an average price target of $254.00.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $211.46 on Friday. The company has a fifty day moving average price of $223.41 and a 200 day moving average price of $217.46. The firm has a market cap of $134.26 billion, a PE ratio of 24.06, a PEG ratio of 2.43 and a beta of 1.05. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. 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 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company 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. Research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.1%. Honeywell International’s dividend payout ratio is 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.