180 Wealth Advisors LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 31.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,444 shares of the conglomerate’s stock after selling 1,571 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Honeywell International were worth $717,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in HON. Moneta Group Investment Advisors LLC increased its position in Honeywell International by 101,603.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock worth $1,223,139,000 after purchasing an additional 5,701,989 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Honeywell International by 107.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,843,135 shares of the conglomerate’s stock valued at $1,037,884,000 after acquiring an additional 2,505,534 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Honeywell International during the 1st quarter worth $349,081,000. Two Sigma Advisers LP raised its position in Honeywell International by 367.4% in the first quarter. Two Sigma Advisers LP now owns 1,985,500 shares of the conglomerate’s stock valued at $379,469,000 after purchasing an additional 1,560,700 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Honeywell International by 103.3% during the fourth quarter. Barclays PLC now owns 2,164,970 shares of the conglomerate’s stock valued at $463,954,000 after purchasing an additional 1,100,242 shares in the last quarter. 74.61% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts recently commented on HON shares. Morgan Stanley lifted their target price on shares of Honeywell International from $219.00 to $221.00 in a research report on Friday, July 28th. StockNews.com initiated coverage on Honeywell International in a report on Monday, August 21st. They issued a “hold” rating for the company. Finally, UBS Group reduced their price target on Honeywell International from $185.00 to $180.00 and set a “sell” rating on the stock in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average price target of $215.07.
Honeywell International Stock Up 0.7 %
Shares of NASDAQ:HON opened at $194.46 on Tuesday. The firm has a market cap of $129.11 billion, a P/E ratio of 24.07, a PEG ratio of 2.36 and a beta of 1.07. Honeywell International Inc. has a 52-week low of $166.63 and a 52-week high of $220.96. The business’s 50 day simple moving average is $191.94 and its two-hundred day simple moving average is $195.48. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.41.
Honeywell International (NASDAQ:HON – Get Free Report) last posted its quarterly earnings results on Thursday, July 27th. The conglomerate reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.03. Honeywell International had a net margin of 15.08% and a return on equity of 34.46%. The business had revenue of $9.10 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter last year, the firm posted $2.10 EPS. Honeywell International’s revenue was up 1.6% compared to the same quarter last year. As a group, research analysts forecast that Honeywell International Inc. will post 9.16 EPS for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 11th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend was Thursday, August 10th. Honeywell International’s dividend payout ratio (DPR) is presently 50.99%.
Honeywell International Company Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace 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 thermal systems, as well as wireless connectivity and management services.
- Five stocks we like better than Honeywell International
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Nikola’s Stock Could Double in Price Within Weeks
- How to Use the MarketBeat Stock Split Calculator
- Drones Can Lift AeroVironment Shares To New Heights
- How Can Investors Benefit From After-Hours Trading
- On Holding Gets Back Into the Race After Gapping Down
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.