Honeywell International Inc. $HON Shares Bought by Jones Financial Companies Lllp

Key Points

• Jones Financial Companies Lllp increased its holdings in Honeywell International by 22.2% in Q1, surpassing 165,000 shares valued at approximately $34.9 million.
• Honeywell's stock is currently rated a "Moderate Buy" with a consensus price target of $254.00 after recent adjustments from several brokerages, impacting their assessments positively and negatively.
• CEO Lucian Boldea sold a substantial number of shares, reducing his holdings by 80.31% and indicating significant insider activity in the company.

Jones Financial Companies Lllp grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 22.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 165,909 shares of the conglomerate's stock after acquiring an additional 30,122 shares during the quarter. Jones Financial Companies Lllp's holdings in Honeywell International were worth $34,929,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in HON. Mpwm Advisory Solutions LLC acquired a new stake in shares of Honeywell International in the fourth quarter valued at $29,000. Pandora Wealth Inc. acquired a new stake in shares of Honeywell International in the first quarter valued at $33,000. 1248 Management LLC acquired a new stake in shares of Honeywell International in the first quarter valued at $38,000. Quarry LP acquired a new stake in shares of Honeywell International in the first quarter valued at $41,000. Finally, Stone House Investment Management LLC acquired a new stake in shares of Honeywell International in the first quarter valued at $41,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on HON. Wells Fargo & Company cut their price objective 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. Barclays upped their price objective on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Citigroup upped their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Morgan Stanley upped their price objective on Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Finally, 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. One equities research 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 company's stock. Based on data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and a consensus price target of $254.00.

Insiders Place Their Bets

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

Honeywell International Stock Down 1.8%

NASDAQ:HON opened at $211.46 on Monday. The firm has a market capitalization of $134.26 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 2.39 and a beta of 1.05. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. The business's fifty day moving average price is $223.41 and its 200 day moving average price is $217.49.

Honeywell International (NASDAQ:HON - Get Free Report) last posted 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. The firm had revenue of $10.35 billion for 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%.Honeywell International's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.49 earnings per share. 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 forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International's dividend payout ratio is presently 51.42%.

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.

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