Vista Cima Wealth Management LLC acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 775,000 shares of the conglomerate’s stock, valued at approximately $164,000. Vista Cima Wealth Management LLC owned approximately 0.12% of Honeywell International as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the company. Strs Ohio bought a new position in shares of Honeywell International during the 1st quarter worth approximately $104,986,000. Ellsworth Advisors LLC grew its position in Honeywell International by 2.6% during the 1st quarter. Ellsworth Advisors LLC now owns 10,221 shares of the conglomerate’s stock worth $2,164,000 after purchasing an additional 257 shares during the last quarter. Jacobi Capital Management LLC grew its position in Honeywell International by 3.6% during the 1st quarter. Jacobi Capital Management LLC now owns 7,046 shares of the conglomerate’s stock worth $1,492,000 after purchasing an additional 243 shares during the last quarter. Advisors Capital Management LLC grew its position in Honeywell International by 3.9% during the 1st quarter. Advisors Capital Management LLC now owns 304,198 shares of the conglomerate’s stock worth $64,414,000 after purchasing an additional 11,307 shares during the last quarter. Finally, Mattson Financial Services LLC grew its position in Honeywell International by 1.5% during the 1st quarter. Mattson Financial Services LLC now owns 4,392 shares of the conglomerate’s stock worth $930,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
HON has been the topic of several research analyst reports. Wells Fargo & Company dropped their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, July 25th. Barclays boosted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Mizuho boosted their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. JPMorgan Chase & Co. boosted their target price on shares of Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Finally, Morgan Stanley upped their price objective on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Honeywell International currently has an average rating of “Moderate Buy” and a consensus price target of $254.00.
Honeywell International Stock Performance
NASDAQ:HON opened at $211.70 on Thursday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. The company has a fifty day moving average of $224.49 and a two-hundred day moving average of $217.38. The stock has a market capitalization of $134.41 billion, a PE ratio of 24.08, a P/E/G ratio of 2.42 and a beta of 1.05. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77.
Honeywell International (NASDAQ:HON – Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.
Honeywell International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a dividend of $1.13 per share. The ex-dividend date was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.1%. Honeywell International’s dividend payout ratio is currently 51.42%.
Insiders Place Their Bets
In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the completion of the transaction, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Honeywell International
- What Are Growth Stocks and Investing in Them
- Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
- How to find penny stocks to invest and trade
- Despite Pullback, Rocket Lab Still Looks Primed for a Breakout
- What Are Earnings Reports?
- Analyst Upgrades Strengthen Microsoft’s Long-Term Outlook
Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON – Free Report).
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.