Honeywell International Inc. $HON Shares Acquired by Abacus Planning Group Inc.

Abacus Planning Group Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,147 shares of the conglomerate’s stock after acquiring an additional 126 shares during the period. Abacus Planning Group Inc.’s holdings in Honeywell International were worth $733,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Red Door Wealth Management LLC grew its stake in shares of Honeywell International by 2.6% during the first quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate’s stock worth $6,160,000 after purchasing an additional 736 shares in the last quarter. Amundi grew its stake in shares of Honeywell International by 30.2% during the first quarter. Amundi now owns 519,882 shares of the conglomerate’s stock worth $107,450,000 after purchasing an additional 120,706 shares in the last quarter. Spinnaker Trust grew its stake in shares of Honeywell International by 2.4% during the first quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate’s stock worth $2,456,000 after purchasing an additional 276 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Honeywell International by 11.4% during the first quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate’s stock worth $6,035,000 after purchasing an additional 2,915 shares in the last quarter. Finally, Beacon Financial Group grew its stake in shares of Honeywell International by 52.6% during the first quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock worth $796,000 after purchasing an additional 1,295 shares in the last quarter. Institutional investors and hedge funds 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 company’s stock in a transaction dated Wednesday, August 27th. The shares were 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 represents a 80.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $211.01 on Friday. The company has a 50-day simple moving average of $215.93 and a 200-day simple moving average of $217.35. Honeywell International Inc. has a one year low of $179.36 and a one 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. The stock has a market capitalization of $133.97 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 2.37 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last announced its 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 net margin of 14.30% and a return on equity of 37.37%. The business 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 earnings per share. The business’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. On average, analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be issued a $1.19 dividend. The ex-dividend date of this dividend is Friday, November 14th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. Honeywell International’s dividend payout ratio is currently 54.15%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HON. 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 note on Wednesday, July 9th. Royal Bank Of Canada reduced their price target on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research report on Friday, July 25th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Morgan Stanley boosted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the company 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 assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $254.79.

Honeywell International 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.