Crews Bank & Trust Sells 186 Shares of Honeywell International Inc. $HON

Crews Bank & Trust cut its stake in Honeywell International Inc. (NASDAQ:HON) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,935 shares of the conglomerate’s stock after selling 186 shares during the period. Crews Bank & Trust’s holdings in Honeywell International were worth $1,848,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. BankPlus Wealth Management LLC lifted its position in shares of Honeywell International by 2.2% during the second quarter. BankPlus Wealth Management LLC now owns 1,986 shares of the conglomerate’s stock worth $463,000 after purchasing an additional 43 shares in the last quarter. Maia Wealth LLC lifted its position in shares of Honeywell International by 4.1% during the first quarter. Maia Wealth LLC now owns 1,189 shares of the conglomerate’s stock worth $238,000 after purchasing an additional 47 shares in the last quarter. Kirtland Hills Capital Management LLC lifted its position in shares of Honeywell International by 1.1% during the first quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock worth $870,000 after purchasing an additional 48 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in shares of Honeywell International by 0.6% during the first quarter. Sound View Wealth Advisors Group LLC now owns 8,769 shares of the conglomerate’s stock worth $1,857,000 after purchasing an additional 48 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in shares of Honeywell International by 2.5% during the first quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock worth $433,000 after purchasing an additional 49 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Up 0.4%

Shares of NASDAQ HON opened at $211.01 on Friday. The stock has a market cap of $133.97 billion, a P/E ratio of 24.01, a P/E/G ratio of 2.37 and a beta of 1.06. The firm has a 50 day moving average price of $215.93 and a 200 day moving average price of $217.35. 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 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data 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. The firm had revenue of $10.35 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be issued a dividend of $1.19 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is presently 54.15%.

Insider Transactions at Honeywell International

In related news, CEO Lucian Boldea sold 42,149 shares of the business’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 transaction of $9,339,375.42. Following the completion of the transaction, the chief executive officer owned 10,334 shares in the company, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HON shares. Morgan Stanley upped 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 report on Monday, July 28th. Royal Bank Of Canada lowered their price target on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a research report on Friday, July 25th. Barclays lifted their price target on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Wells Fargo & Company lowered their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $254.79.

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.