Honeywell International (NASDAQ:HON) Updates FY 2025 Earnings Guidance

Honeywell International (NASDAQ:HON) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 10.600-10.700 for the period, compared to the consensus earnings per share estimate of 10.510. The company issued revenue guidance of $40.7 billion-$40.9 billion, compared to the consensus revenue estimate of $40.8 billion.

Honeywell International Stock Performance

Shares of HON stock opened at $206.61 on Thursday. The firm has a market capitalization of $131.18 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 2.59 and a beta of 1.06. The firm has a fifty day simple moving average of $212.00 and a two-hundred day simple moving average of $216.96. 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 has a 12 month low of $179.36 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Monday, December 11th. The conglomerate reported $2.25 EPS for the quarter. The business had revenue of $8.95 billion during the quarter. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. Honeywell International has set its Q4 2023 guidance at 2.530-2.630 EPS. FY 2023 guidance at 9.100-9.200 EPS. Analysts forecast that Honeywell International will post 10.34 EPS for the current fiscal 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 paid a dividend of $1.19 per share. 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 dividend on an annualized basis and a yield of 2.3%. Honeywell International’s dividend payout ratio (DPR) is presently 51.42%.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $222.00 to $212.00 and set a “neutral” rating for the company in a report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a report on Wednesday, October 8th. Royal Bank Of Canada lowered their target price on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. Finally, Jefferies Financial Group lowered their target price on shares of Honeywell International from $240.00 to $230.00 and set a “hold” rating for the company in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $251.67.

Insider Buying and Selling

In other news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the transaction, 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 Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Honeywell International

Large investors have recently modified their holdings of the business. Brighton Jones LLC increased its stake in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after purchasing an additional 1,582 shares in the last quarter. Nebula Research & Development LLC lifted its position in Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares during the last quarter. Shay Capital LLC bought a new stake in shares of Honeywell International in the 2nd quarter worth approximately $1,095,000. Main Street Financial Solutions LLC lifted its holdings in shares of Honeywell International by 4.4% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock worth $1,045,000 after acquiring an additional 188 shares during the last quarter. Finally, Lantern Wealth Advisors LLC bought a new stake in shares of Honeywell International in the 2nd quarter worth approximately $942,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

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.