Honeywell International Inc. $HON Shares Bought by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp increased its holdings in Honeywell International by 7.6%, now owning 20,410 shares valued at approximately $4.75 million.
• Honeywell reported an earnings per share (EPS) of $2.75 for the last quarter, exceeding analyst estimates and marking an 8.1% revenue increase year-over-year.
• The company announced a quarterly dividend of $1.13, representing a 2.2% dividend yield, with a payout ratio of 51.42%.

Toth Financial Advisory Corp boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 7.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,410 shares of the conglomerate's stock after purchasing an additional 1,450 shares during the period. Toth Financial Advisory Corp's holdings in Honeywell International were worth $4,753,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HON. Nuveen LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $1,150,929,000. GAMMA Investing LLC lifted its position in Honeywell International by 20,894.0% during the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock worth $2,809,110,000 after acquiring an additional 1,320,295 shares during the period. Wellington Management Group LLP grew its stake in Honeywell International by 8.9% during the 1st quarter. Wellington Management Group LLP now owns 15,751,951 shares of the conglomerate's stock valued at $3,335,476,000 after purchasing an additional 1,293,137 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Honeywell International by 64.6% in the first quarter. Alliancebernstein L.P. now owns 2,652,344 shares of the conglomerate's stock valued at $561,634,000 after purchasing an additional 1,041,273 shares during the period. Finally, Vista Cima Wealth Management LLC purchased a new position in shares of Honeywell International in the first quarter worth about $164,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on HON shares. 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 report on Monday, July 28th. Barclays increased their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Wells Fargo & Company decreased their target price on shares of 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. Royal Bank Of Canada cut their price target 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. Finally, Citigroup boosted their price objective on 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 assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $254.00.

Insiders Place Their Bets

In related news, CEO Lucian Boldea sold 42,149 shares of the firm'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 transaction, the chief executive officer directly 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 the SEC website. Corporate insiders own 0.41% of the company's stock.

Honeywell International Price Performance

HON traded up $0.14 during trading on Tuesday, hitting $209.14. The company's stock had a trading volume of 2,115,722 shares, compared to its average volume of 4,047,421. The firm has a market capitalization of $132.78 billion, a price-to-earnings ratio of 23.79, a P/E/G ratio of 2.36 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The business's fifty day simple moving average is $220.09 and its 200 day simple moving average is $217.46. 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 (NASDAQ:HON - Get Free Report) last announced its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter last year, the firm posted $2.49 EPS. The business'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, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, August 15th. Honeywell International's dividend payout ratio is 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.