YHB Investment Advisors Inc. Lowers Stock Holdings in Honeywell International Inc. $HON

Key Points

• YHB Investment Advisors Inc. reduced its stake in Honeywell International by 26.9% in Q2, now holding 7,624 shares valued at approximately $1.775 million.
• Honeywell recently reported an earnings per share of $2.75 for the last quarter, exceeding analysts' expectations, with a revenue increase of 8.1% year-over-year.
• The company announced a quarterly dividend of $1.13 per share, with an annualized dividend yield of 2.2%.

YHB Investment Advisors Inc. cut its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 26.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,624 shares of the conglomerate's stock after selling 2,801 shares during the quarter. YHB Investment Advisors Inc.'s holdings in Honeywell International were worth $1,775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Honeywell International by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 62,209,455 shares of the conglomerate's stock valued at $13,172,852,000 after purchasing an additional 447,744 shares in the last quarter. Wellington Management Group LLP increased its position in Honeywell International by 8.9% in the 1st quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate's stock valued at $3,335,476,000 after acquiring an additional 1,293,137 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Honeywell International by 9.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,038,080 shares of the conglomerate's stock worth $1,278,563,000 after acquiring an additional 505,083 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Honeywell International by 5.4% during the 1st quarter. Invesco Ltd. now owns 5,568,610 shares of the conglomerate's stock worth $1,179,153,000 after buying an additional 283,193 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Honeywell International in the 1st quarter valued at about $1,150,929,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Insiders Place Their Bets

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 value 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 trade represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.41% of the company's stock.

Honeywell International Stock Up 0.3%

Shares of HON stock traded up $0.72 on Tuesday, hitting $209.72. The stock had a trading volume of 914,782 shares, compared to its average volume of 4,040,960. The business has a 50 day moving average of $220.09 and a 200 day moving average of $217.46. The stock has a market cap of $133.15 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS 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 analyst estimates of $10.01 billion. During the same period last year, the business earned $2.49 earnings per share. Honeywell International's revenue 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, analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International's dividend payout ratio is 51.42%.

Analyst Upgrades and Downgrades

HON has been the topic of several analyst reports. Royal Bank Of Canada dropped their price target on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating on the stock in a research note on Friday, July 25th. Citigroup raised their price target on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Morgan Stanley boosted their price objective on shares of Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Barclays boosted their price target on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Finally, Wells Fargo & Company lowered their target price on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Honeywell International presently has a consensus rating of "Moderate Buy" and an average price target of $254.00.

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.