UniSuper Management Pty Ltd Boosts Stock Position in Honeywell International Inc. $HON

Key Points

• UniSuper Management Pty Ltd has increased its holdings in Honeywell International by 0.6%, now owning a total of 416,399 shares, with the recent acquisition of 2,558 shares during the first quarter.
• The stock's recent quarterly earnings report showed earnings of $2.75 per share, beating estimates, alongside a revenue increase of 8.1% year-over-year.
• Honeywell International has set its fiscal year 2025 guidance at 10.450-10.650 EPS, while analysts anticipate an average price target of $254.00 for the stock.

UniSuper Management Pty Ltd lifted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 416,399 shares of the conglomerate's stock after acquiring an additional 2,558 shares during the quarter. Honeywell International makes up about 0.7% of UniSuper Management Pty Ltd's holdings, making the stock its 24th biggest holding. UniSuper Management Pty Ltd owned 0.06% of Honeywell International worth $88,172,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HON. Paradoxiom Capital L.P. boosted its holdings in Honeywell International by 38.4% during the first quarter. Paradoxiom Capital L.P. now owns 34,588 shares of the conglomerate's stock valued at $7,324,000 after acquiring an additional 9,602 shares during the period. Plancorp LLC lifted its stake in Honeywell International by 4.4% in the first quarter. Plancorp LLC now owns 2,234 shares of the conglomerate's stock valued at $473,000 after buying an additional 95 shares during the period. Nissay Asset Management Corp Japan ADV raised its position in shares of Honeywell International by 9.9% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 160,807 shares of the conglomerate's stock worth $34,051,000 after purchasing an additional 14,480 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Honeywell International by 5.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 566,197 shares of the conglomerate's stock valued at $119,892,000 after buying an additional 30,667 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in Honeywell International by 11.4% in the first quarter. Integrated Wealth Concepts LLC now owns 28,502 shares of the conglomerate's stock valued at $6,035,000 after purchasing an additional 2,915 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Performance

Shares of NASDAQ HON traded down $3.45 during trading on Friday, hitting $211.86. The company had a trading volume of 1,374,500 shares, compared to its average volume of 3,999,633. The stock has a 50 day simple moving average of $223.99 and a 200 day simple moving average of $217.42. The firm has a market capitalization of $134.51 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 2.39 and a beta of 1.05. 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 12 month low of $179.36 and a 12 month 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 earnings per share (EPS) for the quarter, topping 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 business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the previous year, the company posted $2.49 EPS. The company's revenue was up 8.1% compared to the same quarter last year. 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, analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 15th. Honeywell International's payout ratio is currently 51.42%.

Insider Activity

In other news, CEO Lucian Boldea sold 42,149 shares of the company's stock in a transaction that occurred on 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 sale, the chief executive officer owned 10,334 shares of the company's stock, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

HON has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Morgan Stanley increased their target price 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. Citigroup raised their price target on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Finally, Barclays lifted their price target on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. One equities 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $254.00.

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.