Capital City Trust Co. FL increased its stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,227 shares of the conglomerate’s stock after purchasing an additional 64 shares during the period. Capital City Trust Co. FL’s holdings in Honeywell International were worth $519,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. BankPlus Wealth Management LLC raised its holdings in Honeywell International by 2.2% in 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 period. Maia Wealth LLC raised its holdings in Honeywell International by 4.1% in 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 period. Kirtland Hills Capital Management LLC grew its stake in Honeywell International by 1.1% in the first quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock valued at $870,000 after acquiring an additional 48 shares during the period. Sound View Wealth Advisors Group LLC grew its stake in Honeywell International by 0.6% in the first quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate’s stock valued at $1,857,000 after acquiring an additional 48 shares during the period. Finally, Gateway Wealth Partners LLC grew its stake in Honeywell International by 2.5% in the first quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock valued at $433,000 after acquiring an additional 49 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Wells Fargo & Company decreased their target price on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, July 25th. Royal Bank Of Canada decreased their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research note on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $254.79.
Insider Buying and Selling at Honeywell International
In other news, CEO Lucian Boldea sold 42,149 shares of the 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 transaction, the chief executive officer owned 10,334 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company’s stock.
Honeywell International Price Performance
Shares of NASDAQ HON opened at $209.05 on Friday. The firm has a market cap of $132.73 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The business’s 50 day moving average is $215.63 and its 200-day moving average is $217.40.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its 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 analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $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 earnings per share for the current year.
Honeywell International Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is 51.42%.
Honeywell International 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.
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