Kestra Advisory Services LLC Buys 5,033 Shares of Honeywell International Inc. $HON

Key Points

• Kestra Advisory Services LLC increased its holdings in Honeywell International Inc. to $20.89 million, marking a 5.4% rise during the 1st quarter of this year.
• Analysts have raised their price targets for Honeywell, with Citigroup increasing it to $265, while overall expectations reflect a consensus target price of $254.
• The company announced a quarterly dividend of $1.13 per share, reflecting an annualized yield of 2.0%, indicating a strong commitment to returning value to shareholders.

Kestra Advisory Services LLC raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 98,654 shares of the conglomerate's stock after acquiring an additional 5,033 shares during the period. Kestra Advisory Services LLC's holdings in Honeywell International were worth $20,890,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC acquired a new position in shares of Honeywell International during the 4th quarter worth approximately $34,000. Pandora Wealth Inc. acquired a new position in shares of Honeywell International during the 1st quarter worth approximately $33,000. Banque de Luxembourg S.A. acquired a new position in shares of Honeywell International during the 4th quarter worth approximately $38,000. Finally, Stone House Investment Management LLC acquired a new position in shares of Honeywell International during the 1st quarter worth approximately $41,000. Institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

HON has been the topic of several analyst reports. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Wednesday, May 7th. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Citigroup increased 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. JPMorgan Chase & Co. raised their price objective on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Finally, Mizuho lifted their target price on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Honeywell International has an average rating of "Moderate Buy" and a consensus target price of $254.00.

Honeywell International Price Performance

Honeywell International stock traded down $2.22 during midday trading on Monday, hitting $220.61. 2,256,872 shares of the company's stock were exchanged, compared to its average volume of 3,383,404. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The stock has a 50-day moving average price of $226.87 and a two-hundred day moving average price of $216.70. 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 company has a market cap of $140.07 billion, a P/E ratio of 25.10, a PEG ratio of 2.52 and a beta of 1.08.

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 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%.The company's revenue was up 8.1% on a year-over-year basis. 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. On average, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

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