Fiduciary Alliance LLC Buys 777 Shares of Honeywell International Inc. $HON

Fiduciary Alliance LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 14.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,100 shares of the conglomerate’s stock after acquiring an additional 777 shares during the period. Fiduciary Alliance LLC’s holdings in Honeywell International were worth $1,421,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of HON. Maia Wealth LLC raised its stake in Honeywell International by 4.1% in the first quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate’s stock valued at $238,000 after buying an additional 47 shares during the period. Kirtland Hills Capital Management LLC raised its stake in Honeywell International by 1.1% in the first quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock valued at $870,000 after buying an additional 48 shares during the period. Sound View Wealth Advisors Group LLC raised its stake in Honeywell International by 0.6% in the first quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate’s stock valued at $1,857,000 after buying an additional 48 shares during the period. Gateway Wealth Partners LLC raised its stake in Honeywell International by 2.5% in the first quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock valued at $433,000 after buying an additional 49 shares during the period. Finally, Cetera Trust Company N.A raised its stake in Honeywell International by 0.5% in the first quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate’s stock valued at $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 the 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.4%

Shares of HON stock opened at $210.95 on Wednesday. The stock’s fifty day moving average price is $222.28 and its two-hundred day moving average price is $217.44. The company has a market cap of $133.93 billion, a PE ratio of 24.00, a P/E/G ratio of 2.39 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. 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 announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The company had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. During the same period in the prior year, the company earned $2.49 EPS. Honeywell International’s revenue was up 8.1% compared to the same quarter last year. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, August 15th. Honeywell International’s dividend payout ratio is presently 51.42%.

Wall Street Analyst Weigh In

Several analysts have issued reports on HON shares. Royal Bank Of Canada dropped their price objective on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research note on Friday, July 25th. Citigroup increased 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. Wells Fargo & Company lowered their target price on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. Barclays increased 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. Finally, Morgan Stanley increased 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Honeywell International has an average 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.