Honeywell International Inc. (NYSE:HON) Shares Acquired by Fiduciary Financial Services of The Southwest Inc. TX

Fiduciary Financial Services of The Southwest Inc. TX boosted its position in shares of Honeywell International Inc. (NYSE:HON) by 1.0% in the third quarter, Holdings Channel.com reports. The firm owned 43,716 shares of the conglomerate’s stock after acquiring an additional 441 shares during the period. Honeywell International comprises approximately 2.0% of Fiduciary Financial Services of The Southwest Inc. TX’s investment portfolio, making the stock its 10th largest position. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Honeywell International were worth $7,397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Neville Rodie & Shaw Inc. boosted its stake in Honeywell International by 3.9% during the 2nd quarter. Neville Rodie & Shaw Inc. now owns 62,618 shares of the conglomerate’s stock valued at $10,932,000 after acquiring an additional 2,350 shares during the last quarter. Bath Savings Trust Co lifted its position in shares of Honeywell International by 30.0% in the 2nd quarter. Bath Savings Trust Co now owns 20,574 shares of the conglomerate’s stock worth $3,592,000 after buying an additional 4,745 shares during the last quarter. Cox Capital Mgt LLC lifted its position in shares of Honeywell International by 1.5% in the 2nd quarter. Cox Capital Mgt LLC now owns 12,174 shares of the conglomerate’s stock worth $2,125,000 after buying an additional 182 shares during the last quarter. Thomasville National Bank lifted its position in shares of Honeywell International by 3.4% in the 2nd quarter. Thomasville National Bank now owns 6,263 shares of the conglomerate’s stock worth $1,093,000 after buying an additional 207 shares during the last quarter. Finally, Rockland Trust Co. lifted its position in shares of Honeywell International by 10.5% in the 2nd quarter. Rockland Trust Co. now owns 2,338 shares of the conglomerate’s stock worth $408,000 after buying an additional 222 shares during the last quarter. 75.84% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on HON. Citigroup raised their price target on shares of Honeywell International from $189.00 to $197.00 and gave the stock a “buy” rating in a research report on Monday, September 9th. Barclays raised their price target on shares of Honeywell International from $186.00 to $187.00 and gave the stock an “overweight” rating in a research report on Friday, July 19th. Credit Suisse Group raised their price target on shares of Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. JPMorgan Chase & Co. raised their price target on shares of Honeywell International from $178.00 to $184.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Finally, ValuEngine downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Honeywell International has an average rating of “Buy” and a consensus target price of $185.80.

NYSE:HON traded up $0.64 during mid-day trading on Thursday, hitting $170.49. The stock had a trading volume of 63,149 shares, compared to its average volume of 2,724,192. The stock has a market capitalization of $120.71 billion, a price-to-earnings ratio of 21.28, a P/E/G ratio of 2.24 and a beta of 1.10. The company has a 50 day simple moving average of $166.32 and a 200-day simple moving average of $168.57. Honeywell International Inc. has a 52 week low of $123.48 and a 52 week high of $178.47. The company has a current ratio of 1.32, a quick ratio of 1.08 and a debt-to-equity ratio of 0.61.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Thursday, October 17th. The conglomerate reported $2.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.01 by $0.07. The firm had revenue of $9.09 billion for the quarter, compared to the consensus estimate of $9.12 billion. Honeywell International had a net margin of 17.06% and a return on equity of 32.01%. Honeywell International’s quarterly revenue was down 15.6% compared to the same quarter last year. During the same period last year, the firm posted $2.03 EPS. As a group, equities research analysts anticipate that Honeywell International Inc. will post 8.14 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a $0.90 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $0.82. This represents a $3.60 annualized dividend and a yield of 2.11%. Honeywell International’s dividend payout ratio (DPR) is currently 40.95%.

In other Honeywell International news, Director Jaime Chico Pardo sold 7,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $165.92, for a total transaction of $1,161,440.00. Following the transaction, the director now owns 7,103 shares of the company’s stock, valued at approximately $1,178,529.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Rajeev Gautam sold 10,984 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $163.88, for a total transaction of $1,800,057.92. Following the transaction, the chief executive officer now directly owns 28,920 shares in the company, valued at approximately $4,739,409.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,133 shares of company stock worth $4,141,655. 0.73% of the stock is currently owned by insiders.

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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