Insight Wealth Strategies LLC Has $2.24 Million Stock Holdings in Honeywell International Inc. $HON

Insight Wealth Strategies LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,374 shares of the conglomerate’s stock after buying an additional 50 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Honeywell International were worth $2,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Red Door Wealth Management LLC increased its stake in shares of Honeywell International by 2.6% in the first quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate’s stock valued at $6,160,000 after buying an additional 736 shares in the last quarter. Amundi increased its position in Honeywell International by 30.2% in 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 during the period. Spinnaker Trust increased its position in Honeywell International by 2.4% in 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 during the period. Integrated Wealth Concepts LLC increased its position in Honeywell International by 11.4% in 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 during the period. Finally, Beacon Financial Group increased its position in Honeywell International by 52.6% in 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 during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the transaction, the chief executive officer owned 10,334 shares in the company, valued at $2,289,807.72. The trade was a 80.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

Honeywell International Price Performance

Honeywell International stock opened at $211.46 on Friday. The firm has a market capitalization of $134.26 billion, a P/E ratio of 24.06, a PEG ratio of 2.43 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 business has a 50-day moving average of $223.41 and a 200-day moving average of $217.46. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) 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 company had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period in the previous year, the company earned $2.49 EPS. The company’s revenue for the quarter 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, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

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

Wall Street Analyst Weigh In

HON has been the subject of a number of research reports. Morgan Stanley lifted their price objective 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. Citigroup lifted their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Wells Fargo & Company lowered their price objective on 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. Royal Bank Of Canada lowered their price objective on 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. Finally, Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. One investment 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 company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $254.00.

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.