Honeywell International Inc. $HON Stock Holdings Increased by Lakeshore Capital Group Inc.

Lakeshore Capital Group Inc. grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,065 shares of the conglomerate’s stock after purchasing an additional 142 shares during the quarter. Lakeshore Capital Group Inc.’s holdings in Honeywell International were worth $714,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of HON. Chung Wu Investment Group LLC acquired a new position in shares of Honeywell International during the 2nd quarter valued at $26,000. Pandora Wealth Inc. acquired a new position in shares of Honeywell International during the 1st quarter valued at $33,000. RMG Wealth Management LLC acquired a new position in shares of Honeywell International during the 2nd quarter valued at $33,000. 1248 Management LLC acquired a new position in shares of Honeywell International during the 1st quarter valued at $38,000. Finally, Dogwood Wealth Management LLC increased its position in shares of Honeywell International by 143.9% during 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 during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HON. Morgan Stanley lifted their price target on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Honeywell International in a report on Saturday, September 27th. Deutsche Bank Aktiengesellschaft lifted their target price on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Wells Fargo & Company decreased their target price on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, Barclays lifted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.07.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction 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 owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $208.98 on Wednesday. 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 company has a market capitalization of $132.68 billion, a price-to-earnings ratio of 23.77, a P/E/G ratio of 2.34 and a beta of 1.06. The stock’s fifty day simple moving average is $215.05 and its 200-day simple moving average is $217.38.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating 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 business had revenue of $10.35 billion for 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. Honeywell International’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, sell-side 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 declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be issued a dividend of $1.19 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is presently 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.