OLD Second National Bank of Aurora Decreases Stake in Honeywell International Inc. $HON

OLD Second National Bank of Aurora reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,989 shares of the conglomerate’s stock after selling 376 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Honeywell International were worth $2,326,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. Apella Capital LLC lifted its position in Honeywell International by 74.4% during the first quarter. Apella Capital LLC now owns 3,301 shares of the conglomerate’s stock valued at $657,000 after buying an additional 1,408 shares during the period. Portside Wealth Group LLC boosted its holdings in shares of Honeywell International by 59.1% during the 1st quarter. Portside Wealth Group LLC now owns 2,056 shares of the conglomerate’s stock valued at $464,000 after buying an additional 764 shares in the last quarter. Channel Wealth LLC grew its position in shares of Honeywell International by 19.8% in the 1st quarter. Channel Wealth LLC now owns 1,815 shares of the conglomerate’s stock worth $384,000 after buying an additional 300 shares during the period. Finally, Beacon Financial Group increased its stake in shares of Honeywell International by 52.6% in the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock worth $796,000 after acquiring an additional 1,295 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Activity

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 sale, the chief executive officer directly 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

HON opened at $211.01 on Friday. The company’s 50-day simple moving average is $215.93 and its two-hundred day simple moving average is $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. The stock has a market capitalization 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. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%.The firm had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. During the same period in the prior year, the firm earned $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 predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be paid a $1.19 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. This represents a $4.76 annualized dividend and a dividend yield of 2.3%. Honeywell International’s dividend payout ratio (DPR) is currently 54.15%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HON. Royal Bank Of Canada cut their price objective on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday, July 25th. Wells Fargo & Company reduced 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. Morgan Stanley lifted their price objective on Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.79.

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.