Sunbeam Capital Management LLC Makes New $217,000 Investment in Honeywell International Inc. $HON

Sunbeam Capital Management LLC bought a new position in Honeywell International Inc. (NASDAQ:HON) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 930 shares of the conglomerate’s stock, valued at approximately $217,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Honeywell International by 4.6% during the first quarter. Sivia Capital Partners LLC now owns 1,521 shares of the conglomerate’s stock worth $322,000 after acquiring an additional 67 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Honeywell International by 13.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 3,287 shares of the conglomerate’s stock worth $696,000 after acquiring an additional 390 shares during the last quarter. Courier Capital LLC grew its stake in shares of Honeywell International by 15.6% during the first quarter. Courier Capital LLC now owns 7,922 shares of the conglomerate’s stock worth $1,677,000 after acquiring an additional 1,072 shares during the last quarter. Finally, Toth Financial Advisory Corp grew its stake in shares of Honeywell International by 3.1% during the first quarter. Toth Financial Advisory Corp now owns 18,960 shares of the conglomerate’s stock worth $4,015,000 after acquiring an additional 565 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Down 0.0%

Honeywell International stock opened at $209.00 on Tuesday. 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 Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock’s 50 day simple moving average is $215.31 and its two-hundred day simple moving average is $217.44. The firm has a market cap of $132.69 billion, a PE ratio of 23.78, a P/E/G ratio of 2.34 and a beta of 1.06.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping 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 business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter in the prior year, the firm posted $2.49 EPS. The business’s quarterly 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. Analysts anticipate 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 $1.19 dividend. The ex-dividend date is Friday, November 14th. This represents a $4.76 annualized dividend and a yield of 2.3%. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s payout ratio is currently 51.42%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HON shares. Barclays boosted their price target on Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft boosted their price target on Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Honeywell International in a research report on Saturday, September 27th. Wells Fargo & Company dropped their target price on Honeywell International from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, Royal Bank Of Canada dropped their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $254.07.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total value of $9,339,375.42. Following the sale, the chief executive officer owned 10,334 shares in the company, valued at approximately $2,289,807.72. This represents a 80.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.41% 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.