Honeywell International Inc. $HON Shares Sold by Epoch Investment Partners Inc.

Key Points

• Epoch Investment Partners Inc. reduced its stake in Honeywell International by 2.8%, selling 4,398 shares during the first quarter, leaving them with 151,538 shares valued at approximately $32 million.
• Honeywell's recent quarterly earnings showed an EPS of $2.75, exceeding analyst expectations, with a revenue of $10.35 billion for the quarter, up 8.1% year-over-year.
• The company declared a quarterly dividend of $1.13 per share to be paid on September 5, representing an annual yield of 2.0% and a payout ratio of 51.42%.

Epoch Investment Partners Inc. lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 151,538 shares of the conglomerate's stock after selling 4,398 shares during the quarter. Epoch Investment Partners Inc.'s holdings in Honeywell International were worth $32,088,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth $29,000. Accredited Wealth Management LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth $34,000. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International in the 1st quarter worth $33,000. Banque de Luxembourg S.A. acquired a new stake in shares of Honeywell International in the 4th quarter worth $38,000. Finally, Stone House Investment Management LLC purchased a new position in Honeywell International in the 1st quarter worth $41,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of Honeywell International stock traded down $1.85 on Friday, hitting $219.50. The company's stock had a trading volume of 1,991,059 shares, compared to its average volume of 3,115,309. 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 1 year low of $179.36 and a 1 year high of $242.77. The firm has a fifty day moving average price of $226.81 and a 200-day moving average price of $217.03. The company has a market capitalization of $139.36 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 2.48 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share 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 firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same quarter in the previous year, the business earned $2.49 EPS. Honeywell International's revenue for the quarter was up 8.1% compared to the same quarter last year. 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, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 15th. Honeywell International's payout ratio is currently 51.42%.

Insider Buying and Selling at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the transaction, the chief executive officer owned 10,334 shares in the company, valued at $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 available at the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research analyst reports. Morgan Stanley raised their target price on Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. Barclays raised their target price on Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. raised 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. Mizuho raised their target price on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a research note on Wednesday, May 7th. One 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus 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.