RB Capital Management LLC Sells 88 Shares of Honeywell International Inc. $HON

RB Capital Management LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,958 shares of the conglomerate’s stock after selling 88 shares during the quarter. RB Capital Management LLC’s holdings in Honeywell International were worth $689,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HON. Brighton Jones LLC boosted its position in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after acquiring an additional 1,582 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Honeywell International during the 4th quarter valued at approximately $1,054,000. Raiffeisen Bank International AG bought a new stake in Honeywell International during the 4th quarter valued at approximately $85,000. Silvercrest Asset Management Group LLC boosted its position in shares of Honeywell International by 10.2% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 15,334 shares of the conglomerate’s stock worth $3,464,000 after purchasing an additional 1,415 shares in the last quarter. Finally, Scissortail Wealth Management LLC boosted its position in shares of Honeywell International by 21,950.0% in the 4th quarter. Scissortail Wealth Management LLC now owns 1,323 shares of the conglomerate’s stock worth $299,000 after purchasing an additional 1,317 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Royal Bank Of Canada dropped 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. Morgan Stanley boosted their price target on Honeywell International from $225.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Citigroup boosted their price target on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, Wells Fargo & Company dropped their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $254.00.

Honeywell International Stock Performance

HON stock opened at $211.46 on Friday. The stock has a market capitalization of $134.26 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 2.43 and a beta of 1.05. 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. The stock’s 50 day simple moving average is $223.41 and its 200 day simple moving average is $217.46.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) 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 analysts’ expectations of $10.01 billion. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.49 EPS. 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, research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were issued 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 was Friday, August 15th. Honeywell International’s dividend payout ratio is presently 51.42%.

Insider Buying and Selling at Honeywell International

In other news, CEO Lucian Boldea sold 42,149 shares of the 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 transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is owned by insiders.

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.