SeaCrest Wealth Management LLC Has $2.03 Million Stock Holdings in Honeywell International Inc. $HON

Key Points

• SeaCrest Wealth Management LLC has reduced its stake in Honeywell International Inc. by 16.2% during the second quarter, holding 8,735 shares worth approximately $2,034,000 after the sale.
• Despite SeaCrest's decrease, other institutional investors increased their stakes, with TCV Trust & Wealth Management boosting holdings by 11.6% and IFM Investors by 13.6% in the same quarter.
• Honeywell International recently reported a quarterly EPS of $2.75, exceeding estimates, and announced a quarterly dividend of $1.13 per share, reflecting a yield of 2.2%.

SeaCrest Wealth Management LLC decreased its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 16.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,735 shares of the conglomerate's stock after selling 1,685 shares during the quarter. SeaCrest Wealth Management LLC's holdings in Honeywell International were worth $2,034,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. TCV Trust & Wealth Management Inc. raised its position in Honeywell International by 11.6% in the 2nd quarter. TCV Trust & Wealth Management Inc. now owns 3,309 shares of the conglomerate's stock valued at $771,000 after purchasing an additional 344 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Honeywell International in the 2nd quarter valued at $140,816,000. IFM Investors Pty Ltd raised its position in Honeywell International by 13.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 64,111 shares of the conglomerate's stock valued at $14,930,000 after purchasing an additional 7,684 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in Honeywell International in the 2nd quarter valued at $73,000. Finally, ARS Wealth Advisors Group LLC raised its position in Honeywell International by 1.9% in the 2nd quarter. ARS Wealth Advisors Group LLC now owns 80,440 shares of the conglomerate's stock valued at $18,733,000 after purchasing an additional 1,518 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Trading Down 0.4%

NASDAQ HON traded down $0.83 on Friday, reaching $209.37. The company had a trading volume of 11,004,750 shares, compared to its average volume of 3,468,831. The stock's 50 day moving average is $220.67 and its 200-day moving average is $217.45. The stock 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. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released 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. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently announced 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 2.2%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International's payout ratio is presently 51.42%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HON shares. Citigroup lifted their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Barclays lifted their price objective on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Royal Bank Of Canada dropped their target price on Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a research report on Friday, July 25th. Morgan Stanley boosted their target price on Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company dropped their target price on Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a research report on Friday, July 25th. One investment 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's stock. Based on data from MarketBeat.com, Honeywell International currently has an average rating of "Moderate Buy" and an average price target of $254.00.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business's stock in a transaction dated Wednesday, August 27th. The stock was 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 approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% of the company's stock.

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.