GEN Financial Management INC. Has $359,000 Stock Holdings in Honeywell International Inc. $HON

GEN Financial Management INC. decreased its position in Honeywell International Inc. (NASDAQ:HON) by 7.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,541 shares of the conglomerate’s stock after selling 127 shares during the period. GEN Financial Management INC.’s holdings in Honeywell International were worth $359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BankPlus Wealth Management LLC boosted its holdings in Honeywell International by 2.2% during the second quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock worth $463,000 after purchasing an additional 43 shares during the last quarter. Maia Wealth LLC boosted its holdings in Honeywell International by 4.1% during the first quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate’s stock worth $238,000 after purchasing an additional 47 shares during the last quarter. Kirtland Hills Capital Management LLC boosted its holdings in Honeywell International by 1.1% during the first quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock worth $870,000 after purchasing an additional 48 shares during the last quarter. Sound View Wealth Advisors Group LLC boosted its holdings in Honeywell International by 0.6% during the first quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate’s stock worth $1,857,000 after purchasing an additional 48 shares during the last quarter. Finally, Gateway Wealth Partners LLC boosted its holdings in Honeywell International by 2.5% during the first quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock worth $433,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on HON shares. Barclays lifted their price objective 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. Royal Bank Of Canada lowered their price objective 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. 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 report on Friday, July 25th. Citigroup lifted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, Morgan Stanley lifted 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 report on Monday, July 28th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $254.00.

Honeywell International Price Performance

HON stock opened at $210.18 on Thursday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The stock has a market cap of $133.44 billion, a PE ratio of 23.91, a P/E/G ratio of 2.38 and a beta of 1.06. The firm has a 50 day simple moving average of $216.20 and a two-hundred day simple moving average of $217.34.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating 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 company had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter in the prior year, the company earned $2.49 EPS. The firm’s revenue was up 8.1% on a year-over-year basis. 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, analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

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

Insiders Place Their Bets

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the 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 sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at $2,289,807.72. This represents a 80.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is owned by insiders.

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.