Kenneth West Sells 17,032 Shares of Honeywell International (NASDAQ:HON) Stock

Honeywell International Inc. (NASDAQ:HON) CEO Kenneth West sold 17,032 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $243.77, for a total value of $4,151,890.64. Following the sale, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at $519,717.64. This represents a 88.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Honeywell International Stock Up 0.3%

NASDAQ HON opened at $241.91 on Friday. Honeywell International Inc. has a 52 week low of $196.59 and a 52 week high of $261.24. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $76.67 billion, a P/E ratio of 9.35, a price-to-earnings-growth ratio of 5.40 and a beta of 0.90. The stock’s 50-day moving average price is $228.15 and its 200-day moving average price is $227.92.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.77 EPS. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, equities research analysts predict that Honeywell International Inc. will post 8.25 earnings per share for the current year.

Honeywell International Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. Honeywell International’s dividend payout ratio (DPR) is presently 36.80%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Wells Fargo & Company decreased their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Wolfe Research upgraded Honeywell International to a “hold” rating in a research report on Monday, June 29th. The Goldman Sachs Group upped their price objective on Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Thirteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and an average target price of $254.25.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cardinal Capital Management Inc. boosted its holdings in shares of Honeywell International by 6.1% in the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after purchasing an additional 7,929 shares during the period. Douglas Lane & Associates LLC lifted its position in Honeywell International by 56.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after buying an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in Honeywell International by 36.6% during the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock valued at $15,844,000 after acquiring an additional 21,770 shares during the last quarter. Valley Wealth Managers Inc. lifted its holdings in shares of Honeywell International by 33.9% in the 4th quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock worth $22,243,000 after acquiring an additional 28,875 shares during the last quarter. Finally, MADDEN SECURITIES Corp purchased a new position in shares of Honeywell International during the 4th quarter worth about $1,418,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.