Winch Advisory Services LLC Increases Holdings in Honeywell International Inc. (NYSE:HON)

Winch Advisory Services LLC increased its holdings in shares of Honeywell International Inc. (NYSE:HON) by 25.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 562 shares of the conglomerate’s stock after purchasing an additional 113 shares during the period. Winch Advisory Services LLC’s holdings in Honeywell International were worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the stock. Cordasco Financial Network acquired a new position in Honeywell International in the 1st quarter worth $25,000. Joseph P. Lucia & Associates LLC acquired a new position in Honeywell International in the 1st quarter worth $25,000. Lenox Wealth Advisors LLC lifted its holdings in Honeywell International by 453.8% in the 2nd quarter. Lenox Wealth Advisors LLC now owns 144 shares of the conglomerate’s stock worth $25,000 after buying an additional 118 shares in the last quarter. Mackey Komara & Dankovich LLC acquired a new position in Honeywell International in the 1st quarter worth $29,000. Finally, Mcmillion Capital Management Inc. acquired a new position in Honeywell International in the 2nd quarter worth $31,000. 77.48% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have commented on HON shares. ValuEngine lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Royal Bank of Canada set a $177.00 price objective on shares of Honeywell International and gave the stock a “buy” rating in a report on Friday, July 19th. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $182.00 price objective on the stock in a report on Monday, July 22nd. Citigroup set a $197.00 price objective on shares of Honeywell International and gave the stock a “buy” rating in a report on Friday, July 19th. Finally, Credit Suisse Group boosted their price objective on shares of Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Honeywell International currently has an average rating of “Buy” and an average price target of $184.08.



In related news, Chairman Darius Adamczyk sold 7,149 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $165.08, for a total transaction of $1,180,156.92. Following the sale, the chairman now owns 75,521 shares in the company, valued at $12,467,006.68. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Rajeev Gautam sold 10,984 shares of the stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $163.88, for a total transaction of $1,800,057.92. Following the sale, the chief executive officer now owns 28,920 shares in the company, valued at approximately $4,739,409.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,133 shares of company stock worth $4,141,655. 0.73% of the stock is owned by company insiders.

Shares of Honeywell International stock traded down $6.41 during trading on Friday, reaching $156.49. The company had a trading volume of 3,417,749 shares, compared to its average volume of 2,244,559. The company has a market cap of $117.21 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 2.17 and a beta of 1.09. The firm’s fifty day moving average is $170.24 and its 200-day moving average is $165.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 1.19. Honeywell International Inc. has a fifty-two week low of $123.48 and a fifty-two week high of $178.47.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. The business had revenue of $9.24 billion for the quarter, compared to analyst estimates of $9.37 billion. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The company’s revenue for the quarter was down 15.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.12 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 8.1 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 16th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.28 annualized dividend and a yield of 2.10%. Honeywell International’s dividend payout ratio (DPR) is 40.95%.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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