S.E.E.D. Planning Group LLC Has $222,000 Stake in Honeywell International Inc. $HON

Key Points

• S.E.E.D. Planning Group LLC has reduced its stake in Honeywell International Inc. by 68.7%, leaving it with shares valued at $222,000 following the second quarter.
• Recent analyst reports have varied, with Citigroup raising its price target for Honeywell from $242 to $265 and Morgan Stanley increasing it from $225 to $245, while Wells Fargo decreased their target from $240 to $230.
• Honeywell reported a revenue of $10.35 billion for the last quarter, exceeding analyst expectations and showing an 8.1% year-over-year increase, alongside a quarterly dividend of $1.13 per share.

S.E.E.D. Planning Group LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 68.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 952 shares of the conglomerate's stock after selling 2,090 shares during the period. S.E.E.D. Planning Group LLC's holdings in Honeywell International were worth $222,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Maia Wealth LLC increased its holdings in Honeywell International by 4.1% during the 1st quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate's stock valued at $238,000 after purchasing an additional 47 shares in the last quarter. Kirtland Hills Capital Management LLC increased its holdings in Honeywell International by 1.1% during the 1st quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate's stock valued at $870,000 after purchasing an additional 48 shares in the last quarter. Sound View Wealth Advisors Group LLC increased its holdings in Honeywell International by 0.6% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate's stock valued at $1,857,000 after purchasing an additional 48 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in Honeywell International by 2.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate's stock valued at $433,000 after purchasing an additional 49 shares in the last quarter. Finally, Cetera Trust Company N.A boosted its position in Honeywell International by 0.5% in the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock valued at $2,218,000 after buying an additional 50 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Citigroup increased 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. Royal Bank Of Canada decreased their price objective on Honeywell International from $254.00 to $253.00 and set a "sector perform" rating on the stock in a research report on Friday, July 25th. Barclays increased 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. Wells Fargo & Company decreased their price objective on Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a research report on Friday, July 25th. Finally, Morgan Stanley increased their price objective on Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Honeywell International has an average rating of "Moderate Buy" and a consensus target price of $254.00.

Insider Buying and Selling

In related news, CEO Lucian Boldea sold 42,149 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the sale, the chief executive officer owned 10,334 shares of the company's stock, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.20% of the company's stock.

Honeywell International Stock Down 1.8%

NASDAQ:HON opened at $211.46 on Monday. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $134.26 billion, a P/E ratio of 24.06, a P/E/G ratio of 2.39 and a beta of 1.05. The stock's fifty day simple moving average is $223.41 and its 200-day simple moving average is $217.49.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same period last 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. Equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, August 15th. 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.

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