Honeywell International Inc. $HON Stock Holdings Increased by Randolph Co Inc

Key Points

• Randolph Co Inc has increased its holdings in Honeywell International by 1.3%, owning 158,093 shares valued at approximately $36.8 million, making it the company's 8th largest holding.
• CEO Lucian Boldea sold 42,149 shares of Honeywell stock, representing an 80.31% decrease in his position, which is now valued at about $2.29 million.
• Honeywell International recently reported $2.75 EPS for the last quarter, surpassing analysts’ expectations, and has set guidance for FY 2025 between $10.45 and $10.65 EPS.

Randolph Co Inc raised its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,093 shares of the conglomerate's stock after acquiring an additional 2,047 shares during the period. Honeywell International makes up approximately 3.8% of Randolph Co Inc's holdings, making the stock its 8th biggest holding. Randolph Co Inc's holdings in Honeywell International were worth $36,817,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Red Door Wealth Management LLC increased its position 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 valued at $6,160,000 after purchasing an additional 736 shares during the last quarter. Amundi increased its position in shares of Honeywell International by 30.2% during the 1st quarter. Amundi now owns 519,882 shares of the conglomerate's stock valued at $107,450,000 after purchasing an additional 120,706 shares during the last quarter. Spinnaker Trust increased its position in shares of Honeywell International by 2.4% during the 1st quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate's stock valued at $2,456,000 after purchasing an additional 276 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Honeywell International by 11.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate's stock valued at $6,035,000 after purchasing an additional 2,915 shares during the last quarter. Finally, Beacon Financial Group increased its position in shares of Honeywell International by 52.6% during the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate's stock valued at $796,000 after purchasing an additional 1,295 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Insider Activity

In other 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 transaction of $9,339,375.42. Following the transaction, the chief executive officer owned 10,334 shares of the company's stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.20% of the company's stock.

Honeywell International Stock Performance

HON stock opened at $207.70 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The business's fifty day simple moving average is $218.39 and its two-hundred day simple moving average is $217.30. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The firm has a market cap of $131.87 billion, a price-to-earnings ratio of 23.63, a PEG ratio of 2.36 and a beta of 1.05.

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 (EPS) for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the prior year, the company earned $2.49 EPS. The business'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. Analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were given a dividend of $1.13 per share. 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 2.2%. Honeywell International's dividend payout ratio is presently 51.42%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HON. Citigroup boosted their target price on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Morgan Stanley increased 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. Wells Fargo & Company reduced their target price on 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. Finally, Royal Bank Of Canada reduced their target price on 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.