Honeywell International Inc. $HON Shares Purchased by Dogwood Wealth Management LLC

Dogwood Wealth Management LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 143.9% during the second quarter, HoldingsChannel reports. The firm owned 161 shares of the conglomerate’s stock after acquiring an additional 95 shares during the period. Dogwood Wealth Management LLC’s holdings in Honeywell International were worth $39,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Red Door Wealth Management LLC lifted its stake in Honeywell International by 2.6% in the 1st quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate’s stock worth $6,160,000 after purchasing an additional 736 shares in the last quarter. Amundi raised its position in shares of Honeywell International by 30.2% during the 1st 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 period. Spinnaker Trust raised its position in shares of Honeywell International by 2.4% during the 1st 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 period. Integrated Wealth Concepts LLC raised its position in shares of Honeywell International by 11.4% during the 1st 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 period. Finally, Beacon Financial Group raised its position in shares of Honeywell International by 52.6% during the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock valued at $796,000 after buying an additional 1,295 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

NASDAQ:HON opened at $210.53 on Wednesday. The company has a fifty day simple moving average of $216.79 and a two-hundred day simple moving average of $217.39. The company has a market cap of $133.67 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth 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 Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

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

Analyst Ratings Changes

HON has been the topic of several analyst reports. Royal Bank Of Canada reduced 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. Morgan Stanley lifted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, July 25th. Citigroup lifted their price target 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. Finally, Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $254.00.

Insider Activity at Honeywell International

In related 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

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.