Exchange Capital Management Inc. Buys 1,278 Shares of Honeywell International Inc. $HON

Exchange Capital Management Inc. increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% during the 2nd quarter, Holdings Channel reports. The fund owned 25,074 shares of the conglomerate’s stock after buying an additional 1,278 shares during the quarter. Exchange Capital Management Inc.’s holdings in Honeywell International were worth $5,839,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HON. Pandora Wealth Inc. acquired a new stake in Honeywell International during the 1st quarter worth $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $38,000. Dogwood Wealth Management LLC lifted its holdings in shares of Honeywell International by 143.9% during the 2nd quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock valued at $39,000 after purchasing an additional 95 shares in the last quarter. Stone House Investment Management LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at approximately $41,000. Finally, Quarry LP bought a new stake in Honeywell International during the 1st quarter worth approximately $41,000. Institutional investors own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was 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 in the company, valued at $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

Honeywell International Trading Up 0.4%

Shares of NASDAQ:HON opened at $211.01 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The company has a 50-day simple moving average of $215.93 and a 200 day simple moving average of $217.35. The company has a market capitalization of $133.97 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter last year, the firm posted $2.49 EPS. The company’s quarterly 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. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be issued a $1.19 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.76 annualized dividend and a yield of 2.3%. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is currently 54.15%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on HON shares. Barclays upped their price target on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Wells Fargo & Company lowered their target price on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft upped their price target on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research report on Thursday. 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 report on Friday, July 25th. Finally, Morgan Stanley increased 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 company’s stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and an average target price of $254.79.

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.