Thurston Springer Miller Herd & Titak Inc. Has $3.34 Million Holdings in Honeywell International Inc. $HON

Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 14.6% in the second quarter, Holdings Channel reports. The firm owned 14,348 shares of the conglomerate’s stock after buying an additional 1,832 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Honeywell International were worth $3,342,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in HON. Maia Wealth LLC grew 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 acquiring an additional 47 shares during the period. Kirtland Hills Capital Management LLC grew 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 acquiring an additional 48 shares during the period. Sound View Wealth Advisors Group LLC grew 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 acquiring an additional 48 shares during the period. Gateway Wealth Partners LLC grew 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 acquiring an additional 49 shares during the period. Finally, Cetera Trust Company N.A grew 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 acquiring an additional 50 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the company’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 transaction, the chief executive officer 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

NASDAQ:HON opened at $211.46 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The stock’s 50 day moving average price is $223.41 and its two-hundred day moving average price is $217.46. The firm has a market capitalization of $134.26 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 2.43 and a beta of 1.05. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.49 earnings per share. 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 anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HON shares. Morgan Stanley boosted their target price on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Wells Fargo & Company cut their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Citigroup boosted their price target on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Finally, Royal Bank Of Canada cut their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $254.00.

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.