
Honeywell International Inc. $HON Holdings Decreased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 49.8% in Q1, owning 113,964 shares worth $24.13 million after selling 113,137 shares. Other hedge funds also adjusted their stakes. Analysts have given Honeywell an average rating of "Moderate Buy" with a price target of $254.00. The stock opened at $222.83, with a market cap of $141.47 billion. Honeywell reported Q2 earnings of $2.75 EPS, exceeding estimates, and announced a quarterly dividend of $1.13 per share.
Northwestern Mutual Wealth Management Co. decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 49.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,964 shares of the conglomerate's stock after selling 113,137 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Honeywell International were worth $24,132,000 at the end of the most recent quarter.
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A number of other hedge funds also recently added to or reduced their stakes in HON. Brighton Jones LLC boosted its holdings 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 buying an additional 1,582 shares during the period. Nebula Research & Development LLC bought a new position in shares of Honeywell International in the 4th quarter valued at approximately $649,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Honeywell International in the fourth quarter valued at approximately $11,163,000. Mission Creek Capital Partners Inc. lifted its position in Honeywell International by 22.3% during the 4th quarter. Mission Creek Capital Partners Inc. now owns 8,094 shares of the conglomerate's stock worth $1,828,000 after acquiring an additional 1,477 shares during the last quarter. Finally, Bellwether Advisors LLC bought a new stake in Honeywell International during the 4th quarter valued at approximately $149,000. 75.91% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
HON has been the topic of several recent research reports. Morgan Stanley lifted their price objective on Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Barclays boosted their target price on Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. increased their price objective on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Citigroup raised their price target on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Finally, Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $254.00.
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View Our Latest Analysis on Honeywell International
Honeywell International Trading Up 2.5%
Shares of NASDAQ:HON opened at $222.83 on Monday. The company has a market capitalization of $141.47 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.52 and a beta of 1.08. The business's 50 day simple moving average is $226.94 and its 200 day simple moving average is $216.59. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97.
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Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter last year, the business posted $2.49 EPS. The firm's revenue for the quarter was up 8.1% on a year-over-year basis. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $4.52 annualized dividend and a yield of 2.0%. Honeywell International's payout ratio is presently 51.42%.
Honeywell International 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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