Honeywell International Inc. $HON Shares Sold by Procyon Advisors LLC

Key Points

• Procyon Advisors LLC reduced its holdings in Honeywell International Inc. by 30.8%, owning 5,338 shares valued at approximately $1,243,000 after selling 2,375 shares in the second quarter.
• CEO Lucian Boldea sold 42,149 shares of Honeywell at an average price of $221.58, decreasing his ownership by **80.31%**, bringing his total stake to 10,334 shares.
• Honeywell reported $2.75 earnings per share (EPS) for the last quarter, exceeding estimates, with a year-over-year revenue increase of 8.1%.

Procyon Advisors LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 30.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,338 shares of the conglomerate's stock after selling 2,375 shares during the period. Procyon Advisors LLC's holdings in Honeywell International were worth $1,243,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HON. Brighton Jones LLC boosted its holdings in Honeywell International by 9.1% in the 4th 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 in the last quarter. Vident Advisory LLC boosted its stake in shares of Honeywell International by 0.9% during the 4th quarter. Vident Advisory LLC now owns 15,134 shares of the conglomerate's stock worth $3,419,000 after acquiring an additional 129 shares in the last quarter. Waverly Advisors LLC boosted its stake in shares of Honeywell International by 26.9% during the 4th quarter. Waverly Advisors LLC now owns 18,028 shares of the conglomerate's stock worth $4,072,000 after acquiring an additional 3,825 shares in the last quarter. Mpwm Advisory Solutions LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth approximately $29,000. Finally, Kolinsky Wealth Management LLC boosted its stake in shares of Honeywell International by 13.8% during the 4th quarter. Kolinsky Wealth Management LLC now owns 1,666 shares of the conglomerate's stock worth $376,000 after acquiring an additional 202 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Down 0.4%

Honeywell International stock traded down $0.83 during trading on Friday, reaching $209.37. 11,004,750 shares of the company's stock were exchanged, compared to its average volume of 3,468,831. The company's 50-day moving average is $220.67 and its two-hundred day moving average is $217.45. 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 has a market cap of $132.93 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 2.36 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $10.01 billion. During the same period in the prior year, the company earned $2.49 EPS. The firm's revenue was up 8.1% on a year-over-year basis. 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, 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 disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International's dividend payout ratio is presently 51.42%.

Insiders Place Their Bets

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the company's stock in a transaction dated 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 directly owned 10,334 shares of the company's stock, valued at $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

HON has been the topic of a number of recent research reports. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Morgan Stanley upped their target price on Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a research note on Monday, July 28th. Barclays upped their target price on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Royal Bank Of Canada cut their price target 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. Finally, Wells Fargo & Company cut 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Honeywell International currently has an average rating of "Moderate Buy" and a consensus target price 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.