Annex Advisory Services LLC Boosts Stock Position in Honeywell International Inc. $HON

Key Points

• Annex Advisory Services LLC increased its holdings in Honeywell International Inc. by 8.1% in the second quarter, now owning 55,454 shares valued at approximately $12.91 million.
• Honeywell International reported a quarterly earnings per share (EPS) of $2.75, surpassing analyst expectations by $0.09, with revenue of $10.35 billion for the quarter, marking an 8.1% year-over-year increase.
• The company announced a quarterly dividend of $1.13 per share, which translates to an annualized yield of 2.2% and a payout ratio of 51.42%.

Annex Advisory Services LLC increased its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 8.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,454 shares of the conglomerate's stock after acquiring an additional 4,171 shares during the quarter. Annex Advisory Services LLC's holdings in Honeywell International were worth $12,914,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HON. Brighton Jones LLC grew its holdings in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after buying an additional 1,582 shares in the last quarter. Vise Technologies Inc. grew its holdings in Honeywell International by 86.4% during the 4th quarter. Vise Technologies Inc. now owns 9,881 shares of the conglomerate's stock valued at $2,232,000 after buying an additional 4,581 shares in the last quarter. GTS Securities LLC grew its holdings in Honeywell International by 183.8% during the 4th quarter. GTS Securities LLC now owns 2,852 shares of the conglomerate's stock valued at $644,000 after buying an additional 6,257 shares in the last quarter. Parr Mcknight Wealth Management Group LLC purchased a new stake in Honeywell International during the 4th quarter valued at approximately $420,000. Finally, GF Fund Management CO. LTD. purchased a new stake in Honeywell International during the 4th quarter valued at approximately $27,838,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the firm's 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. This trade represents a 80.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company's stock.

Honeywell International Stock Up 0.0%

Shares of Honeywell International stock traded up $0.10 during trading on Tuesday, hitting $209.10. 2,115,722 shares of the stock traded hands, compared to its average volume of 4,047,421. The firm has a market cap of $132.76 billion, a P/E ratio of 23.79, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. 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 Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The stock's fifty day simple moving average is $220.09 and its 200 day simple moving average is $217.46.

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

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, August 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.2%. Honeywell International's dividend payout ratio (DPR) is currently 51.42%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HON shares. Wells Fargo & Company cut their target price on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a report on Friday, July 25th. Citigroup raised their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Royal Bank Of Canada cut their target price on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a report on Friday, July 25th. Morgan Stanley raised their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Finally, Barclays raised their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $254.00.

Honeywell International Company 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.