Honeywell International Inc. $HON Shares Purchased by Firethorn Wealth Partners LLC

Firethorn Wealth Partners LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 78.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,172 shares of the conglomerate’s stock after purchasing an additional 953 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in Honeywell International were worth $506,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HON. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International during the first quarter worth $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth $38,000. Dogwood Wealth Management LLC boosted its holdings in shares of Honeywell International by 143.9% during the second quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock worth $39,000 after purchasing an additional 95 shares during the last quarter. Stone House Investment Management LLC acquired a new stake in shares of Honeywell International during the first quarter worth $41,000. Finally, Quarry LP acquired a new stake in shares of Honeywell International during the first quarter worth $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.9%

NASDAQ:HON opened at $209.05 on Friday. The business’s 50-day moving average is $215.63 and its two-hundred day moving average is $217.40. 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 12 month low of $179.36 and a 12 month high of $242.77. The firm has a market capitalization of $132.73 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $10.01 billion. During the same period last year, the company posted $2.49 earnings per share. The firm’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. Research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given a $1.19 dividend. This represents a $4.76 annualized dividend and a yield of 2.3%. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International’s dividend payout ratio is 51.42%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Royal Bank Of Canada cut their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research report on Friday, July 25th. Morgan Stanley increased their target price 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. Finally, Wells Fargo & Company cut their target price on 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $254.79.

Insider Buying and Selling

In other Honeywell International 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 transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at $2,289,807.72. This trade represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

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.