Breakwater Capital Group Sells 146 Shares of Honeywell International Inc. $HON

Breakwater Capital Group lowered its position in Honeywell International Inc. (NASDAQ:HON) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,473 shares of the conglomerate’s stock after selling 146 shares during the quarter. Breakwater Capital Group’s holdings in Honeywell International were worth $1,275,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Maia Wealth LLC lifted its position in shares of Honeywell International by 4.1% during the 1st quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate’s stock worth $238,000 after buying an additional 47 shares during the period. Kirtland Hills Capital Management LLC lifted its position in shares of Honeywell International by 1.1% during the 1st quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock worth $870,000 after buying an additional 48 shares during the period. Sound View Wealth Advisors Group LLC lifted its position in shares of Honeywell International by 0.6% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate’s stock worth $1,857,000 after buying an additional 48 shares during the period. Gateway Wealth Partners LLC lifted its position in shares of Honeywell International by 2.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock worth $433,000 after buying an additional 49 shares during the period. Finally, Cetera Trust Company N.A lifted its position in shares of Honeywell International by 0.5% during the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate’s stock worth $2,218,000 after buying an additional 50 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction on 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 of the company’s stock, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Down 0.4%

NASDAQ HON opened at $210.95 on Wednesday. The stock has a fifty day moving average of $222.28 and a 200-day moving average of $217.44. The stock has a market capitalization of $133.93 billion, a P/E ratio of 24.00, a price-to-earnings-growth ratio of 2.39 and a beta of 1.05. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week 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) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating the consensus estimate 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 return on equity of 37.37% and a net margin of 14.30%.The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International’s dividend payout ratio (DPR) is 51.42%.

Analysts Set New Price Targets

Several research firms recently commented on HON. Barclays raised their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Wells Fargo & Company dropped their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, July 25th. Citigroup raised their price target on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Morgan Stanley raised their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Finally, Royal Bank Of Canada dropped their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.00.

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.