Goelzer Investment Management Inc. boosted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,286 shares of the conglomerate’s stock after acquiring an additional 246 shares during the period. Goelzer Investment Management Inc.’s holdings in Honeywell International were worth $6,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Hanson McClain Inc. boosted its holdings in shares of Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. Jolley Asset Management LLC boosted its holdings in shares of Honeywell International by 6.9% in the 2nd quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock valued at $103,000 after buying an additional 50 shares in the last quarter. CKW Financial Group bought a new stake in shares of Honeywell International in the 2nd quarter valued at about $108,000. MCF Advisors LLC boosted its holdings in shares of Honeywell International by 55.8% in the 1st quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after buying an additional 335 shares in the last quarter. Finally, Enterprise Financial Services Corp boosted its holdings in shares of Honeywell International by 48.4% in the 2nd quarter. Enterprise Financial Services Corp now owns 923 shares of the conglomerate’s stock valued at $123,000 after buying an additional 301 shares in the last quarter. Institutional investors own 75.77% of the company’s stock.
HON has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $151.00 price target on the stock in a report on Thursday, July 20th. Morgan Stanley restated an “overweight” rating and issued a $141.00 price target (up from $137.00) on shares of Honeywell International in a report on Thursday, June 22nd. BidaskClub upgraded shares of Honeywell International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 21st. HSBC Holdings plc started coverage on shares of Honeywell International in a research report on Wednesday, June 21st. They issued a “buy” rating and a $147.00 price objective for the company. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $154.00 price objective on shares of Honeywell International in a research report on Thursday, September 21st. One research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Honeywell International currently has a consensus rating of “Buy” and an average target price of $147.85.
In other Honeywell International news, SVP Katherine L. Adams sold 1,000 shares of Honeywell International stock in a transaction on Monday, July 31st. The stock was sold at an average price of $137.24, for a total transaction of $137,240.00. Following the sale, the senior vice president now owns 180,211 shares of the company’s stock, valued at approximately $24,732,157.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Jennifer H. Mak sold 420 shares of Honeywell International stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $136.66, for a total value of $57,397.20. Following the sale, the vice president now directly owns 1,363 shares in the company, valued at approximately $186,267.58. The disclosure for this sale can be found here. In the last quarter, insiders sold 354,108 shares of company stock valued at $48,886,463. Insiders own 1.56% of the company’s stock.
Honeywell International Inc. (HON) opened at 142.72 on Thursday. The firm has a market capitalization of $108.55 billion, a P/E ratio of 22.13 and a beta of 0.95. The company has a 50-day moving average price of $139.47 and a 200-day moving average price of $134.16. Honeywell International Inc. has a one year low of $106.55 and a one year high of $145.30.
Honeywell International (NYSE:HON) last issued its earnings results on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, topping the consensus estimate of $1.78 by $0.02. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.89 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm earned $1.70 EPS. On average, equities research analysts anticipate that Honeywell International Inc. will post $7.09 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be given a $0.745 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.98 annualized dividend and a dividend yield of 2.09%. Honeywell International’s dividend payout ratio (DPR) is presently 41.24%.
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Honeywell International Company Profile
Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.
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