Honeywell International Inc. (HON) Stake Raised by Squar Milner Financial Services LLC

Squar Milner Financial Services LLC lifted its position in shares of Honeywell International Inc. (NYSE:HON) by 155.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 835 shares of the conglomerate’s stock after acquiring an additional 508 shares during the quarter. Squar Milner Financial Services LLC’s holdings in Honeywell International were worth $139,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of HON. NN Investment Partners Holdings N.V. raised its position in shares of Honeywell International by 43.2% during the 3rd quarter. NN Investment Partners Holdings N.V. now owns 34,474 shares of the conglomerate’s stock worth $5,493,000 after purchasing an additional 10,404 shares during the last quarter. CWM LLC raised its position in shares of Honeywell International by 152.6% during the 3rd quarter. CWM LLC now owns 3,402 shares of the conglomerate’s stock worth $566,000 after purchasing an additional 2,055 shares during the last quarter. Bell Asset Management Ltd raised its position in shares of Honeywell International by 19.2% during the 3rd quarter. Bell Asset Management Ltd now owns 70,793 shares of the conglomerate’s stock worth $11,780,000 after purchasing an additional 11,412 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Honeywell International by 3.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 80,059 shares of the conglomerate’s stock worth $13,321,000 after purchasing an additional 2,345 shares during the last quarter. Finally, Congress Asset Management Co. MA raised its position in shares of Honeywell International by 29.1% during the 3rd quarter. Congress Asset Management Co. MA now owns 2,402 shares of the conglomerate’s stock worth $400,000 after purchasing an additional 542 shares during the last quarter. 75.05% of the stock is currently owned by institutional investors and hedge funds.

HON has been the subject of a number of recent research reports. Citigroup increased their price objective 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. increased their price objective 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 increased their price objective 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 objective on shares of Honeywell International in a report on Friday, August 24th. Finally, Deutsche Bank set a $166.00 price objective 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 issued a hold rating and eighteen have given a buy rating to the company. Honeywell International currently has an average rating of “Buy” and a consensus price target of $172.90.



Shares of NYSE HON opened at $142.96 on Wednesday. The company has a market cap of $108.11 billion, a PE ratio of 20.11, a PEG ratio of 1.80 and a beta of 1.00. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.49 and a quick ratio of 1.20. Honeywell International Inc. has a 1 year low of $139.30 and a 1 year high of $167.72.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.29%. 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%.

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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