Dynamic Advisor Solutions LLC Reduces Stock Position in Honeywell International Inc. $HON

Key Points

• Dynamic Advisor Solutions LLC reduced its stake in Honeywell International Inc. by **9.1%**, representing a total holding of **$5.48 million** consisting of **23,523 shares** after selling **2,352 shares** in the second quarter.
• Honeywell reported **$2.75 EPS** for its last quarter, surpassing estimates and achieving an **8.1% year-over-year** revenue growth totaling **$10.35 billion**.
• The company announced a quarterly dividend of **$1.13**, resulting in an annualized yield of **2.1%** and a payout ratio of **51.42%**.

Dynamic Advisor Solutions LLC trimmed its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 9.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,523 shares of the conglomerate's stock after selling 2,352 shares during the period. Dynamic Advisor Solutions LLC's holdings in Honeywell International were worth $5,478,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Maia Wealth LLC increased its holdings in Honeywell International by 4.1% during the 1st quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate's stock worth $238,000 after purchasing an additional 47 shares in the last quarter. Kirtland Hills Capital Management LLC increased its holdings in Honeywell International by 1.1% during the 1st quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate's stock worth $870,000 after purchasing an additional 48 shares in the last quarter. Sound View Wealth Advisors Group LLC increased its holdings in Honeywell International by 0.6% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate's stock worth $1,857,000 after purchasing an additional 48 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in Honeywell International by 2.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate's stock worth $433,000 after purchasing an additional 49 shares in the last quarter. Finally, Cetera Trust Company N.A increased its holdings in Honeywell International by 0.5% during the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock worth $2,218,000 after purchasing an additional 50 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on HON shares. Citigroup boosted their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Barclays upped their target price on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Royal Bank Of Canada reduced their target price on Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a report on Friday, July 25th. Wells Fargo & Company reduced their target price on Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a report on Friday, July 25th. Finally, Morgan Stanley upped their target price on Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. One 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's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $254.00.

Insider Activity

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the 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 sale, the chief executive officer owned 10,334 shares in the company, valued at $2,289,807.72. This represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by corporate insiders.

Honeywell International Stock Performance

Honeywell International stock traded down $0.83 during trading on Friday, hitting $209.37. The stock had a trading volume of 11,004,750 shares, compared to its average volume of 3,468,831. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The stock's 50 day moving average is $220.67 and its two-hundred day moving average is $217.45. The stock has a market cap of $132.93 billion, a price-to-earnings ratio of 23.82, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the prior year, the business earned $2.49 earnings per share. Honeywell International'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. As a group, analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 2.2%. Honeywell International's dividend payout ratio is currently 51.42%.

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.