Howe & Rusling Inc. Boosts Stock Position in Honeywell International Inc. $HON

Key Points

• Howe & Rusling Inc. increased its stake in Honeywell International Inc. by 3.4% to a total of 91,410 shares, valued at approximately $19.36 million.
• Honeywell reported an earnings per share (EPS) of $2.75 for the last quarter, surpassing analysts' estimates and marking an 8.1% revenue increase compared to the previous year.
• The company has set its full-year 2025 EPS guidance at $10.450-$10.650, while several analysts have adjusted their price targets, ranging from $217 to $265.

Howe & Rusling Inc. raised its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,410 shares of the conglomerate's stock after acquiring an additional 2,978 shares during the period. Honeywell International makes up 1.6% of Howe & Rusling Inc.'s investment portfolio, making the stock its 14th biggest holding. Howe & Rusling Inc.'s holdings in Honeywell International were worth $19,356,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Red Door Wealth Management LLC increased its stake in Honeywell International by 2.6% in 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 in the last quarter. Spinnaker Trust increased its position in Honeywell International by 2.4% during the first quarter. Spinnaker Trust now owns 11,598 shares of the conglomerate's stock worth $2,456,000 after buying an additional 276 shares in the last quarter. Amundi lifted its position in Honeywell International by 30.2% during the first quarter. Amundi now owns 519,882 shares of the conglomerate's stock worth $107,450,000 after buying an additional 120,706 shares during the period. Integrated Wealth Concepts LLC lifted its position in 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 buying an additional 2,915 shares during the period. Finally, Beacon Financial Group lifted its position in Honeywell International by 52.6% during the first quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate's stock worth $796,000 after buying an additional 1,295 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

HON opened at $215.31 on Friday. The company has a market capitalization of $136.70 billion, a price-to-earnings ratio of 24.49, a price-to-earnings-growth ratio of 2.39 and a beta of 1.05. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The business has a 50 day moving average price of $223.99 and a two-hundred day moving average price of $217.42.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, beating 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 company had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the prior year, the firm earned $2.49 EPS. The company's quarterly 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. Research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed 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. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, August 15th. Honeywell International's dividend payout ratio is 51.42%.

Insider Activity at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business's stock in a transaction 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 sale, the chief executive officer directly owned 10,334 shares of the company's stock, valued at $2,289,807.72. The trade was a 80.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on HON. Citigroup boosted 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. JPMorgan Chase & Co. lifted their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Royal Bank Of Canada lowered their price objective 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. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Finally, Barclays upped their target price on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average 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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