Dempze Nancy E Cuts Stake in Honeywell International Inc. $HON

Dempze Nancy E trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 6.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,730 shares of the conglomerate’s stock after selling 120 shares during the period. Dempze Nancy E’s holdings in Honeywell International were worth $403,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Chung Wu Investment Group LLC purchased a new stake in Honeywell International during the 2nd quarter valued at about $26,000. Pandora Wealth Inc. purchased a new stake in Honeywell International during the 1st quarter valued at about $33,000. RMG Wealth Management LLC purchased a new stake in Honeywell International during the 2nd quarter valued at about $33,000. 1248 Management LLC purchased a new stake in Honeywell International during the 1st quarter valued at about $38,000. Finally, Dogwood Wealth Management LLC boosted its holdings 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 acquiring an additional 95 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the sale, the chief executive officer owned 10,334 shares in the company, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a research note on Wednesday. TD Cowen reduced their price target on shares of Honeywell International from $260.00 to $250.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Royal Bank Of Canada reduced their price target on shares of 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, Jefferies Financial Group dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set a “hold” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $251.80.

Honeywell International Stock Performance

HON opened at $209.85 on Thursday. 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 cap of $133.23 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 2.34 and a beta of 1.06. The company’s 50 day moving average is $214.81 and its 200 day moving average is $217.33. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77.

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 net margin of 14.30% and a return on equity of 37.37%. The company had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter last year, the business earned $2.49 EPS. The firm’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. On average, equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, November 14th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) is 54.15%.

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.