Delaney Dennis R Purchases 300 Shares of Honeywell International Inc. $HON

by · The Markets Daily

Delaney Dennis R lifted its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 27.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,400 shares of the conglomerate’s stock after acquiring an additional 300 shares during the period. Delaney Dennis R’s holdings in Honeywell International were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in HON. BankPlus Wealth Management LLC boosted its stake in 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 acquiring an additional 43 shares in the last quarter. Maia Wealth LLC boosted its stake in 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 acquiring an additional 47 shares in the last quarter. Bar Harbor Wealth Management boosted its stake in Honeywell International by 0.3% during the second quarter. Bar Harbor Wealth Management now owns 15,192 shares of the conglomerate’s stock worth $3,538,000 after acquiring an additional 47 shares in the last quarter. Capital Advisors Ltd. LLC boosted its stake in Honeywell International by 1.8% during the second quarter. Capital Advisors Ltd. LLC now owns 2,696 shares of the conglomerate’s stock worth $628,000 after acquiring an additional 47 shares in the last quarter. Finally, Kirtland Hills Capital Management LLC lifted its stake in shares of Honeywell International by 1.1% in the first quarter. Kirtland Hills Capital Management LLC now owns 4,424 shares of the conglomerate’s stock valued at $870,000 after buying an additional 48 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on HON shares. Royal Bank Of Canada dropped 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 research note on Friday, July 25th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Honeywell International from $268.00 to $271.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Honeywell International in a research report on Wednesday, October 8th. Finally, TD Cowen dropped their price target on shares of Honeywell International from $260.00 to $250.00 in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $251.80.

View Our Latest Stock Analysis on HON

Honeywell International Trading Down 1.6%

Shares of HON opened at $200.91 on Monday. 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 fifty-two week low of $179.36 and a fifty-two week high of $242.77. The firm has a 50 day moving average price of $214.11 and a 200-day moving average price of $217.25. The firm has a market cap of $127.56 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.25 and a beta of 1.06.

Honeywell International (NASDAQ:HON – Get Free Report) last issued its earnings results on Monday, December 11th. The conglomerate reported $2.25 EPS for the quarter. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company had revenue of $8.95 billion for the quarter. Honeywell International has set its Q4 2023 guidance at 2.530-2.630 EPS. FY 2023 guidance at 9.100-9.200 EPS. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is presently 51.42%.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the business’s stock in a transaction 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 transaction, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.41% of the company’s stock.

Honeywell International Company Profile

(Free Report)

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.

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