Coppell Advisory Solutions LLC Sells 2,907 Shares of Honeywell International Inc. $HON

Key Points

• Coppell Advisory Solutions LLC reduced its holdings in Honeywell International by 22.1%, selling 2,907 shares, leaving them with a total of 10,241 shares valued at approximately $2.17 million.
• CEO Lucian Boldea sold 42,149 shares for over $9.3 million, significantly reducing his ownership by 80.31%, leaving him with approximately $2.29 million in shares.
• Brokerages have mixed ratings on Honeywell International, with target prices ranging from $225.00 to $265.00, reflecting a consensus rating of "Moderate Buy."

Coppell Advisory Solutions LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 22.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,241 shares of the conglomerate's stock after selling 2,907 shares during the period. Coppell Advisory Solutions LLC's holdings in Honeywell International were worth $2,166,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

HON has been the topic of several recent analyst reports. Royal Bank Of Canada dropped their price target 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. Wells Fargo & Company dropped their price target on Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a research report on Friday, July 25th. Morgan Stanley upped their target price on Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. 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 report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $254.00.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.20% of the company's stock.

Honeywell International Stock Down 1.8%

Shares of HON traded down $3.85 during trading hours on Friday, hitting $211.46. 3,168,914 shares of the company were exchanged, compared to its average volume of 3,259,496. The company has a market cap of $134.26 billion, a PE ratio of 24.06, a PEG ratio of 2.43 and a beta of 1.05. The firm's 50 day moving average is $223.41 and its 200-day moving average is $217.41. 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 - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. The company 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%.The firm's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.49 EPS. 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 research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business 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. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, August 15th. Honeywell International's dividend payout ratio is 51.42%.

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.