Coordinated Financial Services Inc. CO Purchases New Holdings in Honeywell International Inc. $HON

Key Points

• Coordinated Financial Services Inc. invested approximately $398,000 to purchase 1,880 shares of Honeywell International Inc. in the first quarter, reflecting growing institutional interest in the company.
• Honeywell International recently reported strong earnings, with an EPS of $2.75 for the quarter, exceeding analysts' estimates of $2.66 and an 8.1% revenue increase year-over-year.
• CEO Lucian Boldea sold 42,149 shares at an average price of $221.58, representing an 80.31% decrease in his ownership stake in the company.

Coordinated Financial Services Inc. CO acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,880 shares of the conglomerate's stock, valued at approximately $398,000.

Several other institutional investors and hedge funds have also made changes to their positions in HON. Mpwm Advisory Solutions LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $29,000. Pandora Wealth Inc. acquired a new position in shares of Honeywell International in the first quarter valued at about $33,000. 1248 Management LLC acquired a new position in shares of Honeywell International in the first quarter valued at about $38,000. Stone House Investment Management LLC acquired a new position in shares of Honeywell International in the first quarter valued at about $41,000. Finally, Quarry LP acquired a new position in shares of Honeywell International in the first quarter valued at about $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on HON shares. Mizuho increased their price objective on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Citigroup increased their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Wells Fargo & Company lowered their price target on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a report on Friday, July 25th. Barclays lifted their price objective on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Finally, JPMorgan Chase & Co. upped their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Honeywell International has a consensus rating of "Moderate Buy" and an average target price of $254.00.

Honeywell International Stock Performance

HON traded down $2.50 on Wednesday, reaching $211.70. The stock had a trading volume of 4,285,161 shares, compared to its average volume of 4,006,174. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. 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 business's 50-day moving average price is $225.04 and its two-hundred day moving average price is $217.42. The company has a market cap of $134.41 billion, a P/E ratio of 24.08, a price-to-earnings-growth ratio of 2.43 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $10.01 billion. During the same quarter in the previous year, the company earned $2.49 earnings per share. The firm's revenue for the quarter 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. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a dividend of $1.13 per share. The ex-dividend date was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.1%. Honeywell International's dividend payout ratio is currently 51.42%.

Insider Transactions at Honeywell International

In other Honeywell International 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 transaction, the chief executive officer owned 10,334 shares in the company, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.41% of the company's stock.

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.