Honeywell International (NASDAQ:HON) CEO Kenneth West Sells 316 Shares of Stock

Honeywell International Inc. (NASDAQ:HON) CEO Kenneth West sold 316 shares of Honeywell International stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $245.47, for a total value of $77,568.52. Following the sale, the chief executive officer directly owned 2,004 shares in the company, valued at approximately $491,921.88. This trade represents a 13.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Honeywell International Stock Performance

HON stock traded up $3.72 on Monday, reaching $246.77. The company’s stock had a trading volume of 3,277,528 shares, compared to its average volume of 4,258,970. Honeywell International Inc. has a 52 week low of $196.59 and a 52 week high of $261.24. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. The company has a market capitalization of $78.21 billion, a P/E ratio of 9.54, a price-to-earnings-growth ratio of 5.44 and a beta of 0.90. The firm has a fifty day moving average of $228.46 and a two-hundred day moving average of $228.16.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The firm had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same quarter in the previous year, the business earned $1.77 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. 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. As a group, analysts predict that Honeywell International Inc. will post 8.25 EPS for the current fiscal year.

Honeywell International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 14th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.1%. Honeywell International’s dividend payout ratio is presently 36.80%.

Institutional Trading of Honeywell International

A number of large investors have recently added to or reduced their stakes in HON. J. Stern & Co. LLP raised its position in shares of Honeywell International by 22,704.6% during the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after purchasing an additional 52,975,716 shares during the period. Diamant Asset Management Inc. acquired a new position in shares of Honeywell International in the 1st quarter valued at $496,693,000. Mizuho Markets Americas LLC increased its stake in Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock worth $398,374,000 after purchasing an additional 1,842,000 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Honeywell International in the 4th quarter worth about $248,040,000. Finally, Nuveen LLC raised its holdings in Honeywell International by 21.5% during the 4th quarter. Nuveen LLC now owns 6,512,470 shares of the conglomerate’s stock worth $1,270,518,000 after buying an additional 1,153,931 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HON has been the topic of several research analyst reports. Royal Bank Of Canada raised their target price on shares of Honeywell International from $272.00 to $298.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. decreased their price objective on shares of Honeywell International from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Sanford C. Bernstein assumed coverage on shares of Honeywell International in a research note on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price objective on the stock. TD Cowen dropped their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Wells Fargo & Company cut their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $254.25.

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.