Impact Capital Partners LLC Boosts Position in Honeywell International Inc. $HON

Impact Capital Partners LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% in the second quarter, Holdings Channel reports. The institutional investor owned 8,977 shares of the conglomerate’s stock after buying an additional 162 shares during the quarter. Impact Capital Partners LLC’s holdings in Honeywell International were worth $2,091,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Pandora Wealth Inc. purchased a new position in Honeywell International during the 1st quarter valued at about $33,000. 1248 Management LLC purchased a new position in Honeywell International during the 1st quarter valued at about $38,000. Stone House Investment Management LLC purchased a new position in Honeywell International during the 1st quarter valued at about $41,000. Quarry LP purchased a new position in Honeywell International during the 1st quarter valued at about $41,000. Finally, Garde Capital Inc. purchased a new position in Honeywell International during the 1st quarter valued at about $42,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $210.53 on Wednesday. The business has a 50 day moving average of $216.79 and a 200 day moving average of $217.39. The company has a market capitalization of $133.67 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 2.36 and a beta of 1.05. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. 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 (NASDAQ:HON) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping 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 the consensus estimate of $10.01 billion. During the same quarter in the previous year, the company posted $2.49 EPS. Honeywell International’s quarterly 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, sell-side 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. The ex-dividend date is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 annualized dividend and a yield of 2.3%. Honeywell International’s dividend payout ratio is presently 51.42%.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Barclays boosted their price objective on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Wells Fargo & Company cut their price objective 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. Morgan Stanley boosted their price objective on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Citigroup boosted their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Finally, Royal Bank Of Canada cut their price objective 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 issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.00.

Insiders Place Their Bets

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction that occurred 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 owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.41% of the company’s stock.

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.