Armstrong Fleming & Moore Inc. has made a significant move by acquiring a new position in Honeywell International Inc. (NASDAQ: HON) during the second quarter of 2025. This investment involved the purchase of 4,285 shares, valued at approximately $998,000, according to HoldingsChannel.com. This acquisition reflects a broader trend among institutional investors, many of whom have recently adjusted their holdings in Honeywell.
In the first quarter, several other firms also increased their stakes in Honeywell. Notably, Nuveen LLC invested $1.15 billion in a new position, while Wellington Management Group LLP raised its stake by 8.9%, now holding 15,751,951 shares valued at $3.34 billion. AllianceBernstein L.P. saw a remarkable increase of 64.6% in its holdings, now owning 2,652,344 shares worth $561.63 million. Other investors like Vista Cima Wealth Management LLC and OVERSEA CHINESE BANKING Corp Ltd also entered the market, with the latter increasing its position by an astounding 592.0%.
Market Reactions and Analyst Ratings
The stock market has reacted to these developments with various brokerage firms providing updated ratings for Honeywell. Jefferies Financial Group lowered its price objective from $240.00 to $230.00, assigning a “hold” rating. In contrast, Weiss Ratings reaffirmed a “buy (b-)” rating, while TD Cowen adjusted its target price down to $250.00 from $260.00. Royal Bank of Canada also made a slight reduction, changing its target from $254.00 to $253.00.
Analysts generally remain optimistic about Honeywell, with one research analyst issuing a “Strong Buy” recommendation, nine giving a “Buy” rating, and eight advising a “Hold.” Current consensus ratings indicate a “Moderate Buy” with an average price target of $251.80, as reported by MarketBeat.com.
Performance Overview and Financial Insights
As of Thursday, shares of Honeywell opened at $209.85. The company boasts a market capitalization of $133.23 billion, a price-to-earnings (P/E) ratio of 23.87, and a P/E growth (P/E/G) ratio of 2.34. Honeywell’s financial health is further illustrated by a debt-to-equity ratio of 1.81 and current ratios of 0.97 and 1.29.
In its latest quarterly earnings report on July 24, 2025, Honeywell announced earnings per share (EPS) of $2.75, exceeding the consensus estimate of $2.66 by $0.09. The company reported revenues of $10.35 billion, surpassing the expected $10.01 billion and representing an 8.1% increase year-over-year. Honeywell has projected FY 2025 guidance between $10.450 and $10.650 EPS.
In addition to its strong financial performance, Honeywell recently announced an increase in its quarterly dividend, which will be paid on December 5, 2025. Shareholders of record on November 14, 2025, will receive a dividend of $1.19, up from the previous $1.13, translating to an annualized dividend of $4.76 and a yield of 2.3%.
Insider trading activity has also been noteworthy. CEO Lucian Boldea sold 42,149 shares on August 27, 2025, at an average price of $221.58, totaling approximately $9.34 million. Following this transaction, Boldea’s ownership in the company decreased significantly, reflecting a 80.31% reduction.
Honeywell International Inc. operates across various sectors, including aerospace technologies, building automation, energy solutions, and industrial automation, serving clients in the United States, Europe, and globally.
