Insider Selling: Honeywell International (NASDAQ:HON) CEO Sells 17,032 Shares of Stock

Honeywell International Inc. (NASDAQ:HON) CEO Kenneth West sold 17,032 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $243.77, for a total value of $4,151,890.64. Following the completion of the transaction, the chief executive officer directly owned 2,132 shares in the company, valued at $519,717.64. The trade was a 88.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Honeywell International Trading Down 2.4%

Shares of HON stock traded down $5.93 on Wednesday, reaching $241.12. The company had a trading volume of 2,771,137 shares, compared to its average volume of 4,278,301. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. The stock has a market cap of $76.42 billion, a PE ratio of 9.32, a PEG ratio of 5.53 and a beta of 0.90. The company has a 50-day moving average of $227.32 and a 200-day moving average of $227.42. Honeywell International Inc. has a 12 month low of $196.59 and a 12 month high of $261.24.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the company earned $1.77 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, equities analysts forecast that Honeywell International Inc. will post 8.21 earnings per share for the current year.

Honeywell International Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.70 per share. The ex-dividend date is Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.2%. Honeywell International’s payout ratio is currently 36.80%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HON. Royal Bank Of Canada raised their price target on Honeywell International from $272.00 to $298.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Zacks Research lowered Honeywell International from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 9th. Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price for the company in a research note on Tuesday, June 30th. Bank of America raised shares of Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $205.00 to $265.00 in a research note on Tuesday. Finally, Mizuho upped their price target on shares of Honeywell International from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Monday. Thirteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $254.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HON. Caitlin John LLC raised its position in Honeywell International by 138.9% in the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after buying an additional 75 shares during the last quarter. Ares Financial Consulting LLC bought a new position in shares of Honeywell International during the 4th quarter worth approximately $26,000. Hilton Head Capital Partners LLC bought a new position in shares of Honeywell International during the 4th quarter worth approximately $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $28,000. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $29,000. 75.91% of the stock is owned by institutional investors and hedge funds.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.