CW Advisors LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 74.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,642 shares of the conglomerate’s stock after selling 104,489 shares during the quarter. CW Advisors LLC’s holdings in Honeywell International were worth $7,760,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new position in Honeywell International during the 4th quarter valued at about $29,000. Accredited Wealth Management LLC purchased a new position in Honeywell International during the 4th quarter valued at about $34,000. Pandora Wealth Inc. purchased a new position in Honeywell International during the 1st quarter valued at about $33,000. Banque de Luxembourg S.A. purchased a new position in Honeywell International during the 4th quarter valued at about $38,000. Finally, Stone House Investment Management LLC purchased a new position in Honeywell International during the 1st quarter valued at about $41,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
HON has been the subject of several analyst reports. Citigroup boosted their target price on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Bank of America raised Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 target price for the company in a research note on Wednesday, May 7th. Barclays boosted 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. Mizuho boosted their target price on Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 16th. Finally, Morgan Stanley boosted their target price on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average target price of $254.00.
Honeywell International Trading Up 2.5%
NASDAQ:HON opened at $222.83 on Friday. The stock has a 50-day simple moving average of $226.94 and a 200-day simple moving average of $216.59. The stock has a market cap of $141.47 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.46 and a beta of 1.08. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. 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 (NASDAQ:HON – Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.
Honeywell International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, August 15th. Honeywell International’s dividend payout ratio is currently 51.42%.
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.
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