Several other institutional investors also recently modified their holdings of HON. Crestwood Advisors Group LLC acquired a new position in Honeywell International during the first quarter worth approximately $100,000. Peoples Financial Services CORP. increased its stake in shares of Honeywell International by 62.2% in the first quarter. Peoples Financial Services CORP. now owns 811 shares of the conglomerate’s stock worth $101,000 after buying an additional 311 shares during the last quarter. Hanson McClain Inc. increased its stake in shares of Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock worth $101,000 after buying an additional 3 shares during the last quarter. MCF Advisors LLC increased its stake in shares of Honeywell International by 55.8% in the first quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock worth $117,000 after buying an additional 335 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its stake in shares of Honeywell International by 56.7% in the first quarter. Proficio Capital Partners LLC now owns 940 shares of the conglomerate’s stock worth $124,000 after buying an additional 340 shares during the last quarter. 76.49% of the stock is currently owned by institutional investors.
Dixon Hubard Feinour & Brown Inc. VA increased its stake in shares of Honeywell International Inc. (NYSE:HON) by 7.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,268 shares of the conglomerate’s stock after buying an additional 150 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Honeywell International were worth $302,000 at the end of the most recent reporting period.
Honeywell International Inc. (NYSE:HON) traded up 1.13% during trading on Wednesday, reaching $138.56. 3,132,353 shares of the company’s stock were exchanged. Honeywell International Inc. has a 12 month low of $105.25 and a 12 month high of $138.73. The stock has a market cap of $105.38 billion, a PE ratio of 21.49 and a beta of 0.94. The firm has a 50 day moving average of $135.02 and a 200-day moving average of $128.45.
Honeywell International (NYSE:HON) last announced its earnings results on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.02. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 EPS. On average, equities research analysts anticipate that Honeywell International Inc. will post $7.10 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Friday, August 18th will be issued a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Wednesday, August 16th. Honeywell International’s payout ratio is currently 41.24%.
A number of brokerages have issued reports on HON. Jefferies Group LLC reiterated a “buy” rating and set a $155.00 price objective (up from $141.00) on shares of Honeywell International in a research note on Monday, July 24th. Credit Suisse Group restated a “neutral” rating and issued a $139.00 price target (up from $131.00) on shares of Honeywell International in a research note on Tuesday, July 25th. BidaskClub downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday. Oppenheimer Holdings, Inc. raised their price target on shares of Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. Finally, Royal Bank Of Canada raised their price objective on shares of Honeywell International from $145.00 to $148.00 and gave the company an “outperform” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $138.58.
In related news, VP Jennifer H. Mak sold 5,510 shares of the business’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $131.88, for a total transaction of $726,658.80. Following the completion of the transaction, the vice president now owns 3,141 shares in the company, valued at approximately $414,235.08. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Katherine L. Adams sold 1,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $137.24, for a total value of $137,240.00. Following the transaction, the senior vice president now owns 180,211 shares of the company’s stock, valued at approximately $24,732,157.64. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 169,799 shares of company stock valued at $22,351,196. 1.56% of the stock is owned by company insiders.
About Honeywell International
Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.