As of the latest closing, Honeywell stock price settled at $201.85, reflecting resilience amid broader market volatility. Technical charts indicate a bullish breakout pattern above $200, with potential upside to $208 if volume sustains. Two such companies declared fresh dividend raises as September came to an end, and it's worth looking at these hikes. It's also a good time to judge how, or if, the enhanced distributions contribute to the buy case for both industrial sector veteran Honeywell (NASDAQ: HON) and tobacco giant Philip Morris International (NYSE: PM) . Still, Honeywell's overall first-quarter organic sales growth of 4% was ahead of internal expectations (notably in commercial aerospace aftermarket), and management nudged its full-year sales guidance in building automation higher. Honeywell stock price touched $204.80 amid speculation of strategic acquisitions in automation. Strong free cash flow supports potential expansion and shareholder returns.