Nelson Roberts Investment Advisors LLC held its position in Honeywell International Inc. (NYSE:HON) during the second quarter, according to its most recent filing with the SEC. The firm owned 1,200 shares of the company’s stock at the end of the second quarter. Nelson Roberts Investment Advisors LLC’s holdings in Honeywell International were worth $140,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. American National Bank raised its stake in shares of Honeywell International by 112.0% in the second quarter. American National Bank now owns 956 shares of the company’s stock valued at $111,000 after buying an additional 505 shares during the last quarter. First Personal Financial Services raised its stake in Honeywell International by 128.1% in the second quarter. First Personal Financial Services now owns 974 shares of the company’s stock valued at $113,000 after buying an additional 547 shares in the last quarter. Bruderman Asset Management LLC raised its stake in Honeywell International by 19.6% in the second quarter. Bruderman Asset Management LLC now owns 1,048 shares of the company’s stock valued at $122,000 after buying an additional 172 shares in the last quarter. Ironwood Financial llc bought a new stake in Honeywell International during the first quarter valued at about $122,000. Finally, Zions Bancorporation raised its stake in Honeywell International by 14.6% in the first quarter. Zions Bancorporation now owns 1,332 shares of the company’s stock valued at $152,000 after buying an additional 170 shares in the last quarter. Hedge funds and other institutional investors own 76.50% of the company’s stock.
Shares of Honeywell International Inc. (NYSE:HON) traded up 0.24% on Friday, reaching $116.47. The company had a trading volume of 162,960 shares. The stock has a market capitalization of $88.62 billion, a P/E ratio of 18.43 and a beta of 1.07. Honeywell International Inc. has a 1-year low of $93.01 and a 1-year high of $120.02. The company’s 50 day moving average price is $115.68 and its 200-day moving average price is $114.95.
Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, July 22nd. The company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.64 by $0.02. Honeywell International had a return on equity of 26.84% and a net margin of 12.60%. The company had revenue of $9.78 billion for the quarter, compared to analysts’ expectations of $10.13 billion. During the same period in the previous year, the firm posted $1.51 EPS. Honeywell International’s revenue was up 2.2% compared to the same quarter last year. Equities analysts predict that Honeywell International Inc. will post $6.67 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 19th were issued a dividend of $0.595 per share. This represents a $2.38 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Wednesday, August 17th. Honeywell International’s dividend payout ratio is currently 37.66%.
HON has been the subject of several recent research reports. Zacks Investment Research lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, June 7th. Sanford C. Bernstein reissued an “outperform” rating on shares of Honeywell International in a report on Monday, June 27th. Morgan Stanley reissued a “buy” rating and set a $126.00 price target on shares of Honeywell International in a report on Thursday, June 30th. Citigroup Inc. reissued a “buy” rating and set a $132.00 price target on shares of Honeywell International in a report on Thursday, June 30th. Finally, Credit Suisse Group AG reissued a “hold” rating on shares of Honeywell International in a report on Saturday, July 9th. Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Honeywell International presently has a consensus rating of “Buy” and a consensus target price of $122.41.
In other news, VP Jennifer H. Mak sold 277 shares of Honeywell International stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of $115.54, for a total transaction of $32,004.58. Following the sale, the vice president now owns 420 shares of the company’s stock, valued at approximately $48,526.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Vice Chairman Andreas Kramvis sold 1,850 shares of Honeywell International stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $114.80, for a total transaction of $212,380.00. Following the sale, the insider now directly owns 66,441 shares in the company, valued at approximately $7,627,426.80. The disclosure for this sale can be found here. Insiders own 1.83% of the company’s stock.
Honeywell International Company Profile
Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.
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