4,285 Shares in Honeywell International Inc. $HON Bought by Armstrong Fleming & Moore Inc

Armstrong Fleming & Moore Inc purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,285 shares of the conglomerate's stock, valued at approximately $998,000.

A number of other hedge funds have also recently bought and sold shares of HON. Brighton Jones LLC boosted its position in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Honeywell International by 13.0% in the 1st quarter. Farther Finance Advisors LLC now owns 10,526 shares of the conglomerate's stock valued at $2,247,000 after purchasing an additional 1,212 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of Honeywell International by 7.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,375 shares of the conglomerate's stock valued at $1,985,000 after purchasing an additional 616 shares during the period. Simplicity Wealth LLC boosted its position in shares of Honeywell International by 134.6% in the 1st quarter. Simplicity Wealth LLC now owns 7,734 shares of the conglomerate's stock valued at $1,638,000 after purchasing an additional 4,437 shares during the period. Finally, Fiduciary Financial Group LLC grew its stake in Honeywell International by 13.4% during the 1st quarter. Fiduciary Financial Group LLC now owns 1,419 shares of the conglomerate's stock valued at $274,000 after acquiring an additional 168 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HON has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Honeywell International from $268.00 to $271.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd. Royal Bank Of Canada lowered their price objective on Honeywell International from $254.00 to $253.00 and set a "sector perform" rating on the stock in a research report on Friday, July 25th. TD Cowen lowered their price objective on Honeywell International from $260.00 to $250.00 in a research report on Tuesday. Morgan Stanley boosted their price objective 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. Finally, Jefferies Financial Group lowered their price target on Honeywell International from $240.00 to $230.00 and set a "hold" rating on the stock in a research report on Tuesday. 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 MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $251.80.

Honeywell International Trading Up 0.4%

NASDAQ:HON opened at $209.85 on Thursday. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The business's 50-day moving average price is $214.81 and its two-hundred day moving average price is $217.33. The firm has a market capitalization 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 has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.Honeywell International's quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the company earned $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. On average, equities analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be given a $1.19 dividend. The ex-dividend date of this dividend is Friday, November 14th. 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%. Honeywell International's payout ratio is 54.15%.

Insider Activity

In related news, CEO Lucian Boldea sold 42,149 shares of Honeywell International 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 directly owned 10,334 shares of the company's stock, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.20% of the stock is currently owned by insiders.

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.

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