Honeywell International Inc. $HON Shares Bought by CSM Advisors LLC

Key Points

• CSM Advisors LLC increased its stake in Honeywell International by 25.9% in the 1st quarter, now holding over 56,000 shares valued at approximately $11.87 million.
• Honeywell reported a quarterly EPS of $2.75, exceeding analysts' expectations of $2.66, with revenues rising 8.1% year-over-year to $10.35 billion.
• The company declared a quarterly dividend of $1.13 per share, with a 2.0% yield and a payout ratio of 51.42%.

CSM Advisors LLC raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 25.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 56,072 shares of the conglomerate's stock after buying an additional 11,532 shares during the quarter. CSM Advisors LLC's holdings in Honeywell International were worth $11,871,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Red Door Wealth Management LLC grew its stake in shares of Honeywell International by 2.6% during the 1st quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate's stock worth $6,160,000 after purchasing an additional 736 shares during the period. Spinnaker Trust grew its stake in shares of Honeywell International by 2.4% during the 1st quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate's stock worth $2,456,000 after purchasing an additional 276 shares during the period. Beacon Financial Group grew its stake in Honeywell International by 52.6% in the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate's stock valued at $796,000 after acquiring an additional 1,295 shares during the last quarter. WIM INVESTMENT MANAGEMENT Ltd grew its stake in Honeywell International by 40.5% in the 1st quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 28,800 shares of the conglomerate's stock valued at $6,098,000 after acquiring an additional 8,300 shares during the last quarter. Finally, Codex Capital Asset Management L.L.C. acquired a new stake in Honeywell International in the 1st quarter valued at about $5,294,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Up 2.5%

NASDAQ HON opened at $222.83 on Monday. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company's 50 day moving average price is $226.94 and its 200 day moving average price is $216.59. 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 capitalization of $141.47 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 2.52 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results 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 net margin of 14.30% and a return on equity of 37.37%. The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter last year, the firm posted $2.49 earnings per share. 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. On average, sell-side analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

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 issued a $1.13 dividend. The ex-dividend date is Friday, August 15th. This represents a $4.52 annualized dividend and a yield of 2.0%. Honeywell International's dividend payout ratio (DPR) is presently 51.42%.

Wall Street Analyst Weigh In

HON has been the topic of a number of research reports. Mizuho increased their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Wells Fargo & Company decreased their price target on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a research note on Friday, July 25th. Morgan Stanley raised 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. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target on the stock in a research note on Wednesday, May 7th. Finally, Citigroup raised their price target on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, Honeywell International has a consensus 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.

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