1,257 Shares in Honeywell International Inc. $HON Purchased by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC has acquired a new stake in Honeywell International, purchasing 1,257 shares valued at approximately $266,000 during the 1st quarter.
• Wall Street analysts have revised their target prices for Honeywell, with JPMorgan raising theirs from $182.00 to $217.00, now rating the stock as "neutral" with an average price target of $254.00.
• Honeywell International recently announced a quarterly dividend of $1.13 per share, representing an annualized dividend yield of 2.1% and a payout ratio of 51.42%.

Teza Capital Management LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,257 shares of the conglomerate's stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. UniSuper Management Pty Ltd raised its stake in Honeywell International by 0.6% during the 1st quarter. UniSuper Management Pty Ltd now owns 416,399 shares of the conglomerate's stock worth $88,172,000 after acquiring an additional 2,558 shares in the last quarter. Paradoxiom Capital L.P. raised its stake in Honeywell International by 38.4% during the 1st quarter. Paradoxiom Capital L.P. now owns 34,588 shares of the conglomerate's stock worth $7,324,000 after acquiring an additional 9,602 shares in the last quarter. Plancorp LLC raised its stake in Honeywell International by 4.4% during the 1st quarter. Plancorp LLC now owns 2,234 shares of the conglomerate's stock worth $473,000 after acquiring an additional 95 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its stake in Honeywell International by 9.9% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 160,807 shares of the conglomerate's stock worth $34,051,000 after acquiring an additional 14,480 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Honeywell International by 5.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 566,197 shares of the conglomerate's stock worth $119,892,000 after acquiring an additional 30,667 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HON shares. Morgan Stanley lifted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. Royal Bank Of Canada dropped their price objective on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating on the stock in a research note on Friday, July 25th. 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 research note on Wednesday, June 4th. 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 research note on Wednesday, July 9th. Finally, Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a research note 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. According to MarketBeat.com, Honeywell International currently has an average rating of "Moderate Buy" and a consensus target price of $254.00.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International 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 sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.20% of the stock is currently owned by insiders.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $3.85 during midday trading on Friday, hitting $211.46. The stock had a trading volume of 3,168,914 shares, compared to its average volume of 3,280,895. The company has a market capitalization of $134.26 billion, a PE ratio of 24.06, a P/E/G ratio of 2.39 and a beta of 1.05. The stock has a 50 day moving average price of $223.41 and a two-hundred day moving average price of $217.49. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were issued a $1.13 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. Honeywell International's payout ratio 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.