Anchor Capital Advisors LLC Sells 2,737 Shares of Honeywell International Inc. $HON

Anchor Capital Advisors LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,410 shares of the conglomerate’s stock after selling 2,737 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Honeywell International were worth $13,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Chung Wu Investment Group LLC purchased a new position in Honeywell International in the second quarter worth about $26,000. Barnes Dennig Private Wealth Management LLC lifted its stake in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 118 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Honeywell International in the second quarter worth approximately $33,000. Activest Wealth Management grew its position in Honeywell International by 425.9% during the second quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after buying an additional 115 shares during the period. Finally, Howard Hughes Medical Institute bought a new position in Honeywell International in the second quarter worth approximately $33,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $215.07 on Wednesday. The stock has a market cap of $136.55 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 2.41 and a beta of 0.95. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36. The stock has a 50 day moving average price of $198.08 and a 200-day moving average price of $209.54. Honeywell International Inc. has a one year low of $169.21 and a one year high of $228.04.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, October 23rd. The conglomerate reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.14 billion. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.Honeywell International’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned $2.58 earnings per share. Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Equities analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Sanford C. Bernstein set a $255.00 price objective on Honeywell International in a research note on Friday. Vertical Research cut Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price target for the company. in a research report on Monday, January 5th. BNP Paribas Exane started coverage on Honeywell International in a research note on Wednesday, December 3rd. They issued a “neutral” rating and a $195.00 price objective on the stock. Jefferies Financial Group cut their price objective on Honeywell International from $230.00 to $220.00 in a research note on Monday, November 3rd. Finally, Barclays decreased their target price on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 24th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $236.48.

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.