GAMMA Investing LLC Buys 3,502 Shares of Honeywell International Inc. $HON

GAMMA Investing LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 55.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 9,767 shares of the conglomerate’s stock after acquiring an additional 3,502 shares during the quarter. GAMMA Investing LLC’s holdings in Honeywell International were worth $2,275,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Strategic Planning Group LLC lifted its position in Honeywell International by 5.4% in the 2nd quarter. Strategic Planning Group LLC now owns 22,160 shares of the conglomerate’s stock valued at $5,161,000 after acquiring an additional 1,140 shares in the last quarter. Lewis Asset Management LLC bought a new stake in Honeywell International in the 2nd quarter valued at $929,000. Toth Financial Advisory Corp lifted its position in Honeywell International by 7.6% in the 2nd quarter. Toth Financial Advisory Corp now owns 20,410 shares of the conglomerate’s stock valued at $4,753,000 after acquiring an additional 1,450 shares in the last quarter. Southland Equity Partners LLC bought a new stake in Honeywell International during the 2nd quarter worth about $212,000. Finally, Petredis Investment Advisors LLC lifted its position in Honeywell International by 1.0% during the 2nd quarter. Petredis Investment Advisors LLC now owns 12,398 shares of the conglomerate’s stock worth $2,887,000 after buying an additional 124 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the company’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 sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $209.00 on Tuesday. The company’s 50 day moving average price is $220.09 and its two-hundred day moving average price is $217.46. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm has a market cap of $132.69 billion, a PE ratio of 23.78, a PEG ratio of 2.36 and a beta of 1.05. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter in the prior year, the business posted $2.49 EPS. The business’s revenue 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. Equities research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International’s dividend payout ratio is 51.42%.

Analyst Ratings Changes

Several equities research analysts have commented on HON shares. 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 research report on Friday, July 25th. Barclays boosted their price target 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. 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 note on Wednesday, June 4th. Morgan Stanley boosted their price objective on shares of Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company lowered their price objective on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.