Vista Cima Wealth Management LLC Takes Position in Honeywell International Inc. $HON

Key Points

• Vista Cima Wealth Management LLC acquired 775,000 shares of Honeywell International Inc., valued at approximately $164,000, making it the 10th largest holding in their portfolio.
• Honeywell reported a quarterly earnings of $2.75 EPS, exceeding analysts' expectations, and set FY 2025 guidance of 10.450-10.650 EPS.
• The company declared a quarterly dividend of $1.13 per share, with a yield of 2.1%, and a payout ratio of 51.42%.

Vista Cima Wealth Management LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 775,000 shares of the conglomerate's stock, valued at approximately $164,000. Honeywell International makes up approximately 0.1% of Vista Cima Wealth Management LLC's holdings, making the stock its 10th largest position. Vista Cima Wealth Management LLC owned about 0.12% of Honeywell International as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HON. Mpwm Advisory Solutions LLC bought a new position in shares of Honeywell International in the 4th quarter worth about $29,000. Accredited Wealth Management LLC acquired a new stake in Honeywell International in the 4th quarter valued at $34,000. Pandora Wealth Inc. acquired a new position in Honeywell International in the 1st quarter valued at about $33,000. Banque de Luxembourg S.A. purchased a new stake in shares of Honeywell International during the fourth quarter worth approximately $38,000. Finally, Stone House Investment Management LLC acquired a new stake in shares of Honeywell International during the first quarter valued at $41,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 1.7%

Shares of NASDAQ:HON traded down $3.60 during trading on Wednesday, reaching $214.00. The company's stock had a trading volume of 3,519,773 shares, compared to its average volume of 2,843,902. The stock has a market capitalization of $135.87 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05. The firm's 50 day simple moving average is $226.57 and its two-hundred day simple moving average is $217.23. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. 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 posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping the consensus estimate 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 net margin of 14.30% and a return on equity of 37.37%. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, August 15th. Honeywell International's dividend payout ratio (DPR) is currently 51.42%.

Insiders Place Their Bets

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction that occurred on Wednesday, August 27th. The shares were 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 in the company, valued at $2,289,807.72. This trade represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barclays lifted their price target on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Morgan Stanley upped their price target on shares of Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a research report on Monday, July 28th. Wells Fargo & Company cut their price objective 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. Finally, Mizuho upped their price target on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. 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 stock. According to data from MarketBeat, Honeywell International has an average rating of "Moderate Buy" and an average target price of $254.00.

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.