Hendley & Co. Inc. Decreases Stock Holdings in Honeywell International Inc. $HON

Hendley & Co. Inc. trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,575 shares of the conglomerate’s stock after selling 110 shares during the period. Honeywell International makes up approximately 1.6% of Hendley & Co. Inc.’s holdings, making the stock its 21st biggest holding. Hendley & Co. Inc.’s holdings in Honeywell International were worth $4,559,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Lakeshore Capital Group Inc. raised its holdings in shares of Honeywell International by 4.9% during the 2nd quarter. Lakeshore Capital Group Inc. now owns 3,065 shares of the conglomerate’s stock worth $714,000 after acquiring an additional 142 shares in the last quarter. Abel Hall LLC purchased a new stake in shares of Honeywell International during the 2nd quarter worth approximately $218,000. Sax Wealth Advisors LLC raised its holdings in shares of Honeywell International by 10.6% during the 2nd quarter. Sax Wealth Advisors LLC now owns 2,704 shares of the conglomerate’s stock worth $630,000 after acquiring an additional 259 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in Honeywell International during the 2nd quarter valued at $964,000. Finally, DMC Group LLC lifted its position in Honeywell International by 15.5% in the second quarter. DMC Group LLC now owns 3,796 shares of the conglomerate’s stock worth $884,000 after buying an additional 508 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on HON shares. Morgan Stanley raised their price target on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Royal Bank Of Canada lowered their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft raised 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, October 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Finally, Barclays raised their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $254.07.

Honeywell International Stock Performance

HON stock opened at $208.98 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The business’s fifty day simple moving average is $215.05 and its two-hundred day simple moving average is $217.38. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The firm has a market cap of $132.68 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 2.34 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate 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 firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company 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. 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 disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be issued a $1.19 dividend. The ex-dividend date is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. Honeywell International’s dividend payout ratio is presently 51.42%.

Insider Buying and Selling at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the sale, the chief executive officer directly 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by insiders.

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.