Beacon Financial Advisory LLC Boosts Holdings in Honeywell International Inc. $HON

Beacon Financial Advisory LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 8.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,168 shares of the conglomerate’s stock after purchasing an additional 92 shares during the period. Beacon Financial Advisory LLC’s holdings in Honeywell International were worth $272,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HON. Gemmer Asset Management LLC bought a new stake in Honeywell International during the second quarter valued at $201,000. Simplicity Wealth LLC raised its holdings in shares of Honeywell International by 66.0% in the 2nd quarter. Simplicity Wealth LLC now owns 12,836 shares of the conglomerate’s stock valued at $2,989,000 after acquiring an additional 5,102 shares in the last quarter. OLD National Bancorp IN raised its holdings in shares of Honeywell International by 3.5% in the 2nd quarter. OLD National Bancorp IN now owns 22,279 shares of the conglomerate’s stock valued at $5,188,000 after acquiring an additional 758 shares in the last quarter. Capital City Trust Co. FL boosted its position in shares of Honeywell International by 3.0% during the 2nd quarter. Capital City Trust Co. FL now owns 2,227 shares of the conglomerate’s stock valued at $519,000 after acquiring an additional 64 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Honeywell International by 6.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 9,966 shares of the conglomerate’s stock worth $2,321,000 after purchasing an additional 591 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Lucian Boldea sold 42,149 shares of the 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 completion of the sale, the chief executive officer owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

HON stock opened at $209.00 on Tuesday. The firm has a market cap of $132.69 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.34 and a beta of 1.06. The firm’s fifty day moving average is $215.31 and its 200 day moving average is $217.44. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period in the prior year, the business posted $2.49 earnings per share. The company’s revenue was up 8.1% on a year-over-year basis. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The business also recently declared 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 an increase from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. Honeywell International’s payout ratio is presently 51.42%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on HON shares. Wells Fargo & Company decreased their price objective on shares of Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Monday. Royal Bank Of Canada cut 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. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Barclays lifted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus 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.