Palogic Value Management L.P. Acquires 535 Shares of Honeywell International Inc. $HON

Palogic Value Management L.P. lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 13.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,509 shares of the conglomerate’s stock after purchasing an additional 535 shares during the period. Palogic Value Management L.P.’s holdings in Honeywell International were worth $955,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Red Door Wealth Management LLC grew its position in 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 buying an additional 736 shares in the last quarter. Spinnaker Trust boosted its holdings in shares of Honeywell International by 2.4% during the 1st quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate’s stock valued at $2,456,000 after acquiring an additional 276 shares in the last quarter. Beacon Financial Group boosted its holdings in shares of Honeywell International by 52.6% during the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock valued at $796,000 after acquiring an additional 1,295 shares in the last quarter. WIM INVESTMENT MANAGEMENT Ltd increased its position in Honeywell International by 40.5% in the 1st quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 28,800 shares of the conglomerate’s stock valued at $6,098,000 after acquiring an additional 8,300 shares during the period. Finally, Codex Capital Asset Management L.L.C. bought a new position in Honeywell International during the 1st quarter worth $5,294,000. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction 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 directly 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is owned by insiders.

Honeywell International Stock Performance

HON stock opened at $219.50 on Friday. The stock has a 50-day moving average price of $226.81 and a 200-day moving average price of $216.94. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. The firm has a market cap of $139.36 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 2.50 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping 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 firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period last year, the company posted $2.49 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. 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, equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a dividend of $1.13 per share. The ex-dividend date is Friday, August 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. Honeywell International’s payout ratio is currently 51.42%.

Analysts Set New Price Targets

HON has been the subject of several analyst reports. Morgan Stanley raised 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. Wells Fargo & Company cut their price objective on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, July 25th. Barclays lifted their price objective on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Finally, Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. One 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $254.00.

About Honeywell International

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.