Dohj LLC Makes New Investment in Honeywell International Inc. $HON

Key Points

• Dohj LLC has acquired a new stake in Honeywell International Inc. during the second quarter, purchasing 4,069 shares valued at approximately $948,000.
• Honeywell International reported earnings of $2.75 per share for the last quarter, exceeding analyst estimates of $2.66, along with a revenue increase of 8.1% year-over-year.
• The company announced a quarterly dividend increase to $1.19 per share, up from the previous $1.13, with a dividend yield of 2.3% scheduled for payment on December 5th.

Dohj LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,069 shares of the conglomerate's stock, valued at approximately $948,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Morton Capital Management LLC CA grew its position in Honeywell International by 3.1% in the 2nd quarter. Morton Capital Management LLC CA now owns 6,076 shares of the conglomerate's stock valued at $1,415,000 after acquiring an additional 181 shares in the last quarter. Valmark Advisers Inc. lifted its stake in Honeywell International by 10.3% during the second quarter. Valmark Advisers Inc. now owns 4,996 shares of the conglomerate's stock worth $1,163,000 after purchasing an additional 466 shares during the last quarter. Hall Capital Management Co. Inc. boosted its holdings in Honeywell International by 1.6% in the second quarter. Hall Capital Management Co. Inc. now owns 12,628 shares of the conglomerate's stock valued at $2,941,000 after purchasing an additional 196 shares in the last quarter. WoodTrust Financial Corp increased its stake in Honeywell International by 2.9% in the second quarter. WoodTrust Financial Corp now owns 29,285 shares of the conglomerate's stock valued at $6,820,000 after purchasing an additional 812 shares during the last quarter. Finally, Lakeshore Capital Group Inc. raised its holdings in Honeywell International by 4.9% during the second quarter. Lakeshore Capital Group Inc. now owns 3,065 shares of the conglomerate's stock worth $714,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Down 0.0%

HON stock opened at $208.98 on Wednesday. The stock has a market capitalization of $132.68 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 2.34 and a beta of 1.06. The company has a fifty day moving average of $215.05 and a 200-day moving average of $217.38. 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 Inc. has a one year low of $179.36 and a one year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business's revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be issued a dividend of $1.19 per share. This is a boost from Honeywell International's previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. Honeywell International's dividend payout ratio is currently 51.42%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HON. Deutsche Bank Aktiengesellschaft upped their target price on shares of Honeywell International from $268.00 to $271.00 and gave the company a "buy" rating in a report on Thursday, October 2nd. Wells Fargo & Company decreased their price objective on shares of Honeywell International from $230.00 to $220.00 and set an "equal weight" rating for the company in a research note on Monday. Barclays lifted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Weiss Ratings restated a "buy (b-)" rating on shares of Honeywell International in a research report on Saturday, September 27th. Finally, Morgan Stanley increased their price target on shares of Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $254.07.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the sale, the chief executive officer directly owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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.

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