Krilogy Financial LLC Has $3.27 Million Holdings in Honeywell International Inc. $HON

Key Points

• Krilogy Financial LLC reduced its holdings in Honeywell International by 23.9%, owning 14,049 shares valued at approximately $3.27 million at the end of the 2nd quarter.
• CEO Lucian Boldea sold 42,149 shares of Honeywell stock, resulting in an 80.31% decrease in his position.
• Analysts recently adjusted their price targets for Honeywell, with Morgan Stanley increasing it to $245.00 while Wells Fargo lowered theirs to $230.00, leading to a consensus rating of "Moderate Buy."

Krilogy Financial LLC cut its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 23.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,049 shares of the conglomerate's stock after selling 4,406 shares during the quarter. Krilogy Financial LLC's holdings in Honeywell International were worth $3,272,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of HON. Mpwm Advisory Solutions LLC acquired a new stake in Honeywell International in the fourth quarter worth $29,000. Pandora Wealth Inc. acquired a new stake in Honeywell International in the first quarter worth $33,000. 1248 Management LLC acquired a new stake in Honeywell International in the first quarter worth $38,000. Stone House Investment Management LLC acquired a new stake in Honeywell International in the first quarter worth $41,000. Finally, Quarry LP acquired a new stake in Honeywell International in the first quarter worth $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the transaction, the chief executive officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on HON. Morgan Stanley raised their price target on shares of Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a report on Friday, July 25th. Royal Bank Of Canada reduced their price objective on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a report on Friday, July 25th. Barclays lifted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Finally, Citigroup lifted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. One 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, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $254.00.

Honeywell International Stock Performance

Shares of HON stock opened at $211.74 on Tuesday. The firm has a market cap of $134.43 billion, a price-to-earnings ratio of 24.09, a P/E/G ratio of 2.39 and a beta of 1.05. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.97 and a current ratio of 1.29. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The firm's 50-day simple moving average is $222.85 and its two-hundred day simple moving average is $217.48.

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, topping the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. As a group, equities analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

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

Honeywell International 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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