Eaton Vance Management increased its stake in Honeywell International Inc. (NYSE:HON) by 3.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 663,738 shares of the conglomerate’s stock after purchasing an additional 24,146 shares during the period. Eaton Vance Management owned approximately 0.09% of Honeywell International worth $88,470,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Teza Capital Management LLC acquired a new stake in Honeywell International in the first quarter valued at about $2,997,000. Haverford Trust Co. boosted its stake in Honeywell International by 3.7% in the first quarter. Haverford Trust Co. now owns 16,764 shares of the conglomerate’s stock valued at $2,093,000 after buying an additional 597 shares in the last quarter. Camarda Financial Advisors LLC boosted its stake in Honeywell International by 1,754.8% in the first quarter. Camarda Financial Advisors LLC now owns 5,175 shares of the conglomerate’s stock valued at $646,000 after buying an additional 4,896 shares in the last quarter. Balasa Dinverno & Foltz LLC boosted its stake in Honeywell International by 1.0% in the first quarter. Balasa Dinverno & Foltz LLC now owns 3,903 shares of the conglomerate’s stock valued at $487,000 after buying an additional 39 shares in the last quarter. Finally, Goelzer Investment Management Inc. boosted its stake in Honeywell International by 0.5% in the first quarter. Goelzer Investment Management Inc. now owns 52,040 shares of the conglomerate’s stock valued at $6,498,000 after buying an additional 255 shares in the last quarter. Institutional investors own 76.04% of the company’s stock.
Several analysts recently weighed in on the company. Cowen reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Honeywell International in a research note on Tuesday, October 10th. Vertical Research reissued a “buy” rating on shares of Honeywell International in a research note on Friday, October 20th. Citigroup lifted their price target on Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, October 9th. Jefferies Group reissued a “buy” rating and set a $155.00 price target on shares of Honeywell International in a research note on Tuesday, August 22nd. Finally, Royal Bank Of Canada set a $148.00 price target on Honeywell International and gave the company a “buy” rating in a research note on Sunday, August 27th. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Honeywell International presently has a consensus rating of “Buy” and an average target price of $151.92.
Honeywell International Inc. (NYSE:HON) traded down $0.63 during trading on Monday, hitting $153.77. The company had a trading volume of 3,250,379 shares, compared to its average volume of 2,712,713. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35. The firm has a market capitalization of $117,150.00, a price-to-earnings ratio of 22.22, a P/E/G ratio of 2.37 and a beta of 0.99. Honeywell International Inc. has a one year low of $112.66 and a one year high of $156.70.
Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.75. The company had revenue of $10.12 billion for the quarter, compared to analyst estimates of $10.05 billion. Honeywell International had a return on equity of 26.26% and a net margin of 12.85%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 earnings per share. analysts predict that Honeywell International Inc. will post 7.06 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be paid a $0.745 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, November 16th. Honeywell International’s payout ratio is currently 45.15%.
In related news, VP Krishna Mikkilineni sold 13,074 shares of Honeywell International stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $145.12, for a total value of $1,897,298.88. Following the transaction, the vice president now directly owns 104,998 shares of the company’s stock, valued at $15,237,309.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Bradley T. Sheares sold 1,328 shares of Honeywell International stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total value of $194,432.48. Following the completion of the transaction, the director now directly owns 4,002 shares in the company, valued at $585,932.82. The disclosure for this sale can be found here. 1.56% of the stock is owned by insiders.
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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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