Sunbeam Capital Management LLC Invests $217,000 in Honeywell International Inc. $HON

Sunbeam Capital Management LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 930 shares of the conglomerate’s stock, valued at approximately $217,000.

Several other large investors have also made changes to their positions in HON. Brighton Jones LLC raised its stake in shares of Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after buying an additional 1,582 shares during the period. Sivia Capital Partners LLC raised its stake in Honeywell International by 4.6% in the 1st quarter. Sivia Capital Partners LLC now owns 1,521 shares of the conglomerate’s stock valued at $322,000 after purchasing an additional 67 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Honeywell International by 13.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 3,287 shares of the conglomerate’s stock valued at $696,000 after purchasing an additional 390 shares during the last quarter. Courier Capital LLC raised its stake in Honeywell International by 15.6% in the 1st quarter. Courier Capital LLC now owns 7,922 shares of the conglomerate’s stock valued at $1,677,000 after purchasing an additional 1,072 shares during the last quarter. Finally, Toth Financial Advisory Corp raised its stake in Honeywell International by 3.1% in the 1st quarter. Toth Financial Advisory Corp now owns 18,960 shares of the conglomerate’s stock valued at $4,015,000 after purchasing an additional 565 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Down 0.0%

Shares of NASDAQ:HON opened at $209.00 on Tuesday. The business has a 50-day moving average price of $215.31 and a 200 day moving average price of $217.44. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. The company has a market capitalization of $132.69 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 2.34 and a beta of 1.06. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The firm had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the company earned $2.49 EPS. 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 expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be given a dividend of $1.19 per share. 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. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio is 51.42%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. Morgan Stanley increased their price objective on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Wells Fargo & Company reduced their price objective on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft increased their price objective on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Finally, Barclays raised their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $254.07.

Insider Activity

In related news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction dated 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 directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.41% of the company’s stock.

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.