Independent Solutions Wealth Management LLC Purchases 778 Shares of Honeywell International Inc. $HON

Independent Solutions Wealth Management LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,143 shares of the conglomerate’s stock after purchasing an additional 778 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Honeywell International were worth $1,896,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Chung Wu Investment Group LLC acquired a new stake in shares of Honeywell International during the 2nd quarter valued at about $26,000. Pandora Wealth Inc. acquired a new stake in Honeywell International in the 1st quarter valued at $33,000. RMG Wealth Management LLC acquired a new position in Honeywell International during the second quarter worth $33,000. 1248 Management LLC bought a new position in shares of Honeywell International during the first quarter valued at $38,000. Finally, Dogwood Wealth Management LLC boosted its stake in shares of Honeywell International by 143.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 161 shares of the conglomerate’s stock valued at $39,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock 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 one year low of $179.36 and a one year high of $242.77. The firm has a market cap of $132.69 billion, a price-to-earnings ratio of 23.78, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. The stock’s 50-day moving average is $215.31 and its 200-day moving average is $217.44.

Honeywell International (NASDAQ:HON) last released 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. The business 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%.Honeywell International’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a $1.19 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is currently 51.42%.

Insider Activity

In related news, CEO Lucian Boldea sold 42,149 shares of the business’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 transaction of $9,339,375.42. Following the transaction, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HON. Barclays upped their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Morgan Stanley boosted their price objective 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. Royal Bank Of Canada lowered their target price 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, Wells Fargo & Company cut their price target on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $254.07.

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.