Randolph Co Inc Raises Holdings in Honeywell International Inc. $HON

Randolph Co Inc boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% during the second quarter, Holdings Channel.com reports. The firm owned 158,093 shares of the conglomerate’s stock after purchasing an additional 2,047 shares during the quarter. Honeywell International makes up about 3.8% of Randolph Co Inc’s investment portfolio, making the stock its 8th biggest position. Randolph Co Inc’s holdings in Honeywell International were worth $36,817,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Pandora Wealth Inc. bought a new stake in Honeywell International during the first quarter valued at about $33,000. 1248 Management LLC bought a new stake in Honeywell International during the first quarter valued at about $38,000. Stone House Investment Management LLC bought a new stake in Honeywell International during the first quarter valued at about $41,000. Quarry LP bought a new stake in Honeywell International during the first quarter valued at about $41,000. Finally, Garde Capital Inc. bought a new stake in Honeywell International during the first quarter valued at about $42,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.4%

Honeywell International stock opened at $207.70 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. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a market capitalization of $131.87 billion, a price-to-earnings ratio of 23.63, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The stock has a 50-day moving average price of $218.39 and a 200 day moving average price of $217.30.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS 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 firm 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 earnings per share. The company’s 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. Sell-side analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have commented on HON. Citigroup increased their price target on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Morgan Stanley increased their price target 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 decreased their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, July 25th. Royal Bank Of Canada decreased their price target on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research note on Friday, July 25th. Finally, Barclays increased their price target on Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.00.

Insider Activity at Honeywell International

In related 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 completion of the sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

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.