Town & Country Bank & Trust CO dba First Bankers Trust CO Has $2.37 Million Stock Holdings in Honeywell International Inc. $HON

Town & Country Bank & Trust CO dba First Bankers Trust CO cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,186 shares of the conglomerate’s stock after selling 299 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Honeywell International were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Nuveen LLC acquired a new position in shares of Honeywell International during the first quarter worth $1,150,929,000. GAMMA Investing LLC grew its position in shares of Honeywell International by 20,894.0% during the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate’s stock worth $2,809,110,000 after buying an additional 1,320,295 shares during the period. Wellington Management Group LLP lifted its position in shares of Honeywell International by 8.9% during the 1st quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate’s stock valued at $3,335,476,000 after acquiring an additional 1,293,137 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Honeywell International by 64.6% in the first quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate’s stock valued at $561,634,000 after purchasing an additional 1,041,273 shares during the last quarter. Finally, Vista Cima Wealth Management LLC bought a new position in Honeywell International during the first quarter valued at about $164,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HON. Wells Fargo & Company lowered their target price 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. Citigroup upped their price target on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Royal Bank Of Canada dropped their target price on shares of 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. Barclays upped 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. Finally, Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. One equities 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $254.00.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction that occurred on Wednesday, August 27th. The shares were 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 of the company’s stock, valued at approximately $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 accessible through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.2%

Shares of NASDAQ:HON opened at $209.00 on Tuesday. 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 1 year low of $179.36 and a 1 year high of $242.77. The company has a market cap of $132.69 billion, a P/E ratio of 23.78, a PEG ratio of 2.36 and a beta of 1.05. The stock’s fifty day moving average price is $220.09 and its 200-day moving average price is $217.46.

Honeywell International (NASDAQ:HON) last issued 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. The business had revenue of $10.35 billion during 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%.Honeywell International’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.49 EPS. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were given a dividend of $1.13 per share. The ex-dividend date was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.2%. Honeywell International’s dividend payout ratio is 51.42%.

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.