Honeywell International Inc. $HON Stock Holdings Lifted by Paradoxiom Capital L.P.

Key Points

• Paradoxiom Capital L.P. increased its stake in Honeywell International by 38.4%, making it the seventh largest position in their investment portfolio, valued at approximately $7.3 million.
• Honeywell reported a Q2 EPS of $2.75, exceeding estimates, with a revenue of $10.35 billion, up 8.1% year-over-year.
• The company declared a quarterly dividend of $1.13, representing an annual yield of 2.1%, with a dividend payout ratio of 51.42%.

Paradoxiom Capital L.P. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 38.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,588 shares of the conglomerate's stock after buying an additional 9,602 shares during the quarter. Honeywell International accounts for about 4.8% of Paradoxiom Capital L.P.'s investment portfolio, making the stock its 7th biggest position. Paradoxiom Capital L.P.'s holdings in Honeywell International were worth $7,324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HON. Plancorp LLC boosted its holdings in Honeywell International by 4.4% during the 1st quarter. Plancorp LLC now owns 2,234 shares of the conglomerate's stock valued at $473,000 after acquiring an additional 95 shares during the period. Nissay Asset Management Corp Japan ADV increased its stake in Honeywell International by 9.9% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 160,807 shares of the conglomerate's stock worth $34,051,000 after purchasing an additional 14,480 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Honeywell International by 5.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 566,197 shares of the conglomerate's stock worth $119,892,000 after purchasing an additional 30,667 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Honeywell International by 11.4% during the first quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate's stock worth $6,035,000 after purchasing an additional 2,915 shares during the last quarter. Finally, Ironvine Capital Partners LLC purchased a new stake in shares of Honeywell International during the first quarter valued at $5,312,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Up 1.7%

Honeywell International stock traded up $3.61 during mid-day trading on Thursday, reaching $215.31. 5,372,492 shares of the company were exchanged, compared to its average volume of 4,013,949. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. The firm has a market cap of $136.70 billion, a P/E ratio of 24.49, a PEG ratio of 2.42 and a beta of 1.05. The business has a fifty day moving average of $224.49 and a 200 day moving average of $217.38. 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 results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. The firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous 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. Research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal 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 given a $1.13 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International's payout ratio is presently 51.42%.

Insider Activity at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 10,334 shares of the company's stock, 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 company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HON. Barclays raised their price target on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Mizuho upped their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. raised their target price on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Finally, Citigroup increased their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $254.00.

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.