Quilter Plc Has $23.90 Million Position in Honeywell International Inc. (NASDAQ:HON)

Quilter Plc decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 111,938 shares of the conglomerate’s stock after selling 274 shares during the period. Quilter Plc’s holdings in Honeywell International were worth $23,903,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in HON. Price T Rowe Associates Inc. MD grew its holdings in Honeywell International by 22.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after buying an additional 1,746,759 shares in the last quarter. Northern Trust Corp grew its stake in shares of Honeywell International by 0.3% in the 4th quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock worth $1,352,867,000 after acquiring an additional 17,591 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Honeywell International by 6.7% in the first quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock valued at $698,312,000 after purchasing an additional 212,327 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Honeywell International by 8.1% during the first quarter. Janus Henderson Group PLC now owns 2,698,596 shares of the conglomerate’s stock valued at $553,880,000 after purchasing an additional 202,358 shares in the last quarter. Finally, 1832 Asset Management L.P. boosted its holdings in Honeywell International by 5.3% during the first quarter. 1832 Asset Management L.P. now owns 2,361,293 shares of the conglomerate’s stock worth $484,655,000 after purchasing an additional 117,940 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on HON. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Royal Bank of Canada dropped their price target on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a report on Friday, July 26th. Daiwa America upgraded Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $175.00 to $215.00 in a research note on Monday, June 10th. Finally, Morgan Stanley started coverage on shares of Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target for the company. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $223.13.

Honeywell International Price Performance

NASDAQ HON opened at $204.15 on Monday. The company has a market cap of $132.94 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. The firm’s 50-day simple moving average is $205.48 and its two-hundred day simple moving average is $203.32. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $220.79.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. The company had revenue of $9.58 billion during the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. Honeywell International’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business earned $2.23 earnings per share. Research analysts predict that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 16th were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.12%. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's 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 services.