Versor Investments LP Has $1.65 Million Stock Holdings in Honeywell International Inc. $HON

Key Points

• Versor Investments LP increased its holdings in Honeywell International by 133.7%, now owning 7,800 shares valued at approximately $1.65 million.
• Honeywell reported $2.75 EPS for the last quarter, exceeding estimates by $0.09, with revenues reaching $10.35 billion.
• The company announced a quarterly dividend of $1.13 per share, equating to an annualized dividend yield of 2.1%.

Versor Investments LP lifted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 133.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,800 shares of the conglomerate's stock after purchasing an additional 4,462 shares during the period. Versor Investments LP's holdings in Honeywell International were worth $1,652,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Jump Financial LLC grew its stake in Honeywell International by 225.3% in the 4th quarter. Jump Financial LLC now owns 6,505 shares of the conglomerate's stock valued at $1,469,000 after buying an additional 4,505 shares during the last quarter. Capital International Investors raised its holdings in Honeywell International by 8.3% in the 4th quarter. Capital International Investors now owns 2,230,845 shares of the conglomerate's stock valued at $503,966,000 after acquiring an additional 170,270 shares during the period. Forum Financial Management LP lifted its position in Honeywell International by 40.7% during the fourth quarter. Forum Financial Management LP now owns 5,276 shares of the conglomerate's stock worth $1,192,000 after acquiring an additional 1,526 shares during the last quarter. Finally, Elevatus Welath Management grew its position in shares of Honeywell International by 46.1% in the fourth quarter. Elevatus Welath Management now owns 1,668 shares of the conglomerate's stock valued at $377,000 after purchasing an additional 526 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wells Fargo & Company dropped their price target 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. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a report on Wednesday, May 7th. Citigroup raised their target price on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Royal Bank Of Canada lowered their price objective 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. Finally, Mizuho lifted their price objective on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, May 16th. One investment 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 company. Based on data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average target price of $254.00.

Honeywell International Price Performance

HON stock traded up $0.26 during trading on Wednesday, reaching $217.00. 4,060,412 shares of the company were exchanged, compared to its average volume of 4,068,011. The company has a market capitalization of $137.77 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 2.44 and a beta of 1.08. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. The company has a 50-day moving average of $227.31 and a two-hundred day moving average of $216.62. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating analysts' consensus estimates of $2.66 by $0.09. The company had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.Honeywell International's revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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

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.