Honeywell International Inc. (NYSE:HON) Shares Acquired by Winch Advisory Services LLC

Winch Advisory Services LLC boosted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 25.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 562 shares of the conglomerate’s stock after purchasing an additional 113 shares during the period. Winch Advisory Services LLC’s holdings in Honeywell International were worth $98,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Axiom International Investors LLC DE lifted its position in shares of Honeywell International by 22.5% in the 2nd quarter. Axiom International Investors LLC DE now owns 265,728 shares of the conglomerate’s stock valued at $46,393,000 after acquiring an additional 48,789 shares in the last quarter. Beacon Investment Advisory Services Inc. lifted its position in shares of Honeywell International by 1.3% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 40,487 shares of the conglomerate’s stock valued at $7,069,000 after acquiring an additional 539 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Honeywell International by 7.0% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 633,104 shares of the conglomerate’s stock valued at $110,059,000 after acquiring an additional 41,581 shares in the last quarter. Balasa Dinverno & Foltz LLC lifted its position in shares of Honeywell International by 9.6% in the 2nd quarter. Balasa Dinverno & Foltz LLC now owns 4,459 shares of the conglomerate’s stock valued at $779,000 after acquiring an additional 391 shares in the last quarter. Finally, Schnieders Capital Management LLC lifted its position in shares of Honeywell International by 16.1% in the 2nd quarter. Schnieders Capital Management LLC now owns 10,166 shares of the conglomerate’s stock valued at $1,775,000 after acquiring an additional 1,412 shares in the last quarter. 77.48% of the stock is owned by institutional investors and hedge funds.

In other news, CEO Rajeev Gautam sold 10,984 shares of the stock in a transaction on 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 owns 28,920 shares in the company, valued at approximately $4,739,409.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Darius Adamczyk sold 7,149 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $165.08, for a total transaction of $1,180,156.92. Following the transaction, the chairman now owns 75,521 shares in the company, valued at approximately $12,467,006.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,133 shares of company stock valued at $4,141,655. Insiders own 0.73% of the company’s stock.

Several equities research analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of Honeywell International from $190.00 to $195.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Morgan Stanley upped their price target on shares of Honeywell International from $183.00 to $188.00 and gave the company an “overweight” rating in a research report on Friday, July 19th. ValuEngine downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Citigroup set a $197.00 price target on shares of Honeywell International and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Cowen restated a “buy” rating and issued a $180.00 price target on shares of Honeywell International in a research report on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Honeywell International currently has a consensus rating of “Buy” and a consensus price target of $184.08.

HON stock traded down $6.41 during midday trading on Friday, reaching $156.49. The company had a trading volume of 3,417,749 shares, compared to its average volume of 2,244,559. Honeywell International Inc. has a 1 year low of $123.48 and a 1 year high of $178.47. The company has a current ratio of 1.19, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $117.21 billion, a P/E ratio of 19.54, a PEG ratio of 2.17 and a beta of 1.09. The company has a 50 day moving average of $170.24 and a two-hundred day moving average of $165.23.

Honeywell International (NYSE:HON) last released its earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.02. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The company had revenue of $9.24 billion during the quarter, compared to the consensus estimate of $9.37 billion. During the same quarter in the prior year, the firm earned $2.12 EPS. The company’s revenue was down 15.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Honeywell International Inc. will post 8.1 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 16th will be given a $0.82 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.28 dividend on an annualized basis and a yield of 2.10%. Honeywell International’s payout ratio is 40.95%.

Honeywell International Profile

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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