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

Honeywell International Inc. (NASDAQ:HON - Get Free Report) CEO Kenneth West sold 17,032 shares of the firm's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $243.77, for a total transaction of $4,151,890.64. Following the completion of the sale, the chief executive officer directly owned 2,132 shares of the company's stock, valued at approximately $519,717.64. This represents a 88.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Honeywell International Price Performance

HON stock opened at $241.12 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. Honeywell International Inc. has a 1 year low of $196.59 and a 1 year high of $261.24. The firm has a 50-day moving average of $227.79 and a 200 day moving average of $227.67. The company has a market cap of $76.42 billion, a P/E ratio of 9.32, a PEG ratio of 5.54 and a beta of 0.90.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $9.72 billion for the quarter, compared to analysts' expectations of $5.03 billion. During the same period in the previous year, the firm posted $1.77 EPS. The business's revenue 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. On average, sell-side analysts forecast that Honeywell International Inc. will post 8.24 EPS for the current year.

Honeywell International Cuts Dividend




The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be issued a $0.70 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a yield of 1.2%. Honeywell International's dividend payout ratio is 36.80%.

Hedge Funds Weigh In On Honeywell International

Large investors have recently modified their holdings of the stock. Caitlin John LLC increased its stake in Honeywell International by 138.9% during the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate's stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Ares Financial Consulting LLC bought a new position in shares of Honeywell International in the fourth quarter worth approximately $26,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Honeywell International during the fourth quarter valued at approximately $28,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $28,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Honeywell International during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HON. Wolfe Research raised shares of Honeywell International to a "hold" rating in a research report on Monday, June 29th. Mizuho lifted their price target on shares of Honeywell International from $240.00 to $265.00 and gave the company an "outperform" rating in a research report on Monday. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $258.00 to $276.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Zacks Research cut shares of Honeywell International from a "hold" rating to a "strong sell" rating in a report on Thursday, July 9th. Finally, TD Cowen decreased their target price on shares of Honeywell International from $240.00 to $230.00 and set a "buy" rating for the company in a research note 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 MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $254.25.

Check Out Our Latest Report on HON

Honeywell International News Roundup

Here are the key news stories impacting Honeywell International this week:

Honeywell International Company Profile

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Honeywell International?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Honeywell International and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles