CMH Wealth Management LLC Has $1.35 Million Position in Honeywell International Inc. (HON)

CMH Wealth Management LLC increased its position in shares of Honeywell International Inc. (NYSE:HON) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,104 shares of the conglomerate’s stock after acquiring an additional 730 shares during the quarter. CMH Wealth Management LLC’s holdings in Honeywell International were worth $1,349,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HON. Principal Financial Group Inc. boosted its position in Honeywell International by 10.6% during the first quarter. Principal Financial Group Inc. now owns 2,012,595 shares of the conglomerate’s stock worth $290,840,000 after acquiring an additional 192,133 shares during the last quarter. Private Trust Co. NA boosted its position in Honeywell International by 1.7% during the second quarter. Private Trust Co. NA now owns 23,249 shares of the conglomerate’s stock worth $3,349,000 after acquiring an additional 394 shares during the last quarter. Neville Rodie & Shaw Inc. acquired a new stake in Honeywell International during the second quarter worth approximately $8,795,000. Cibc Bank USA acquired a new stake in Honeywell International during the second quarter worth approximately $1,611,000. Finally, Cardinal Capital Management Inc. boosted its position in Honeywell International by 4.4% during the second quarter. Cardinal Capital Management Inc. now owns 114,031 shares of the conglomerate’s stock worth $16,426,000 after acquiring an additional 4,793 shares during the last quarter. Hedge funds and other institutional investors own 75.05% of the company’s stock.

Shares of HON stock opened at $142.96 on Wednesday. Honeywell International Inc. has a 52 week low of $139.30 and a 52 week high of $167.72. The company has a current ratio of 1.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $108.11 billion, a PE ratio of 17.74, a price-to-earnings-growth ratio of 1.80 and a beta of 1.00.



Honeywell International (NYSE:HON) last issued its earnings results on Friday, October 19th. The conglomerate reported $2.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.99 by $0.04. Honeywell International had a net margin of 6.13% and a return on equity of 33.69%. The business had revenue of $10.76 billion for the quarter, compared to the consensus estimate of $10.75 billion. During the same quarter last year, the firm posted $1.75 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, equities analysts expect that Honeywell International Inc. will post 7.98 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $0.75. Honeywell International’s dividend payout ratio (DPR) is currently 41.91%.

HON has been the topic of a number of research analyst reports. Citigroup lifted their price target on shares of Honeywell International from $191.00 to $196.00 and gave the company a “$153.70” rating in a report on Monday, July 23rd. JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $168.00 to $170.00 and gave the company a “$153.70” rating in a report on Monday, July 23rd. Barclays lifted their price target on shares of Honeywell International from $172.00 to $176.00 and gave the company a “$153.70” rating in a report on Monday, July 23rd. Cowen reiterated a “buy” rating and issued a $168.00 price target on shares of Honeywell International in a report on Friday, August 24th. Finally, Deutsche Bank set a $166.00 price target on shares of Honeywell International and gave the company a “buy” rating in a report on Thursday, July 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $172.90.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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