Trust Co. of Vermont Has $22.67 Million Stake in Honeywell International Inc. $HON

Trust Co. of Vermont decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 97,351 shares of the conglomerate’s stock after selling 1,319 shares during the period. Honeywell International comprises 1.1% of Trust Co. of Vermont’s portfolio, making the stock its 22nd biggest position. Trust Co. of Vermont’s holdings in Honeywell International were worth $22,671,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HON. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of Honeywell International by 115,333.3% in the first quarter. NBC Securities Inc. now owns 3,463 shares of the conglomerate’s stock valued at $733,000 after purchasing an additional 3,460 shares in the last quarter. Vantage Wealth increased its holdings in shares of Honeywell International by 0.3% in the first quarter. Vantage Wealth now owns 82,460 shares of the conglomerate’s stock valued at $17,461,000 after purchasing an additional 273 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of Honeywell International by 12.6% in the first quarter. Merit Financial Group LLC now owns 50,771 shares of the conglomerate’s stock valued at $10,751,000 after purchasing an additional 5,675 shares in the last quarter. Finally, Bridge Creek Capital Management LLC increased its holdings in shares of Honeywell International by 3.0% in the first quarter. Bridge Creek Capital Management LLC now owns 7,605 shares of the conglomerate’s stock valued at $1,610,000 after purchasing an additional 220 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Royal Bank Of Canada lowered their price target 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. Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Wells Fargo & Company lowered their target price 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 lifted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Finally, Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. One 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $254.00.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Trading Up 0.6%

Shares of NASDAQ HON opened at $210.53 on Wednesday. The company’s fifty day moving average is $216.79 and its 200-day moving average is $217.39. The stock has a market cap of $133.67 billion, a price-to-earnings ratio of 23.95, a P/E/G ratio of 2.36 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. 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 quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last 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. Equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be given a dividend of $1.19 per share. This is a positive change 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%. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s payout ratio is 51.42%.

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.