Fruth Investment Management Sells 300 Shares of Honeywell International Inc. $HON

Fruth Investment Management lowered its position in Honeywell International Inc. (NASDAQ:HON) by 2.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 10,072 shares of the conglomerate’s stock after selling 300 shares during the period. Fruth Investment Management’s holdings in Honeywell International were worth $2,132,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at $29,000. Pandora Wealth Inc. bought a new stake in shares of Honeywell International in the 1st quarter valued at $33,000. 1248 Management LLC bought a new stake in shares of Honeywell International in the 1st quarter valued at $38,000. Stone House Investment Management LLC bought a new stake in shares of Honeywell International in the 1st quarter valued at $41,000. Finally, Quarry LP bought a new stake in shares of Honeywell International in the 1st quarter valued at $41,000. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the firm’s 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 transaction, the chief executive officer owned 10,334 shares in the company, valued at $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HON. Wall Street Zen upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday, May 15th. Royal Bank Of Canada lowered their target price 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. Wells Fargo & Company lowered their target price 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 increased their target price on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Finally, Barclays increased their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $254.00.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $215.31 on Friday. The stock has a market capitalization of $136.70 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 2.39 and a beta of 1.05. The business has a 50-day moving average of $223.99 and a 200-day moving average of $217.42. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. 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) last announced 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 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%.Honeywell International’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, sell-side analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

Honeywell International Company 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.