First National Bank & Trust Co. of Newtown Sells 480 Shares of Honeywell International Inc. $HON

First National Bank & Trust Co. of Newtown reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,540 shares of the conglomerate’s stock after selling 480 shares during the quarter. Honeywell International makes up approximately 1.0% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 18th biggest position. First National Bank & Trust Co. of Newtown’s holdings in Honeywell International were worth $4,783,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HON. Nuveen LLC bought a new position in shares of Honeywell International in the first quarter valued at $1,150,929,000. Wellington Management Group LLP lifted its holdings 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. lifted its holdings in Honeywell International by 64.6% during the 1st 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 last quarter. Vista Cima Wealth Management LLC acquired a new stake in Honeywell International during the 1st quarter valued at $164,000. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in Honeywell International by 592.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 867,665 shares of the conglomerate’s stock valued at $183,728,000 after purchasing an additional 742,281 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Activity

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $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 accessible through this link. Insiders own 0.20% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $210.18 on Thursday. The stock has a market cap of $133.44 billion, a P/E ratio of 23.91, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. 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 moving average is $216.20 and its 200-day moving average is $217.34. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be issued a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, November 14th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio (DPR) is currently 51.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wells Fargo & Company cut their price target on Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, July 25th. Barclays raised 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. Citigroup raised 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. Morgan Stanley raised 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. Finally, Royal Bank Of Canada decreased their target price 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. One investment 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $254.00.

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.