Atwood & Palmer Inc. held its position in shares of Honeywell International Inc. (NYSE:HON) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,250 shares of the conglomerate’s stock at the end of the first quarter. Atwood & Palmer Inc.’s holdings in Honeywell International were worth $281,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Weatherly Asset Management L. P. raised its position in shares of Honeywell International by 0.3% in the first quarter. Weatherly Asset Management L. P. now owns 2,496 shares of the conglomerate’s stock valued at $312,000 after buying an additional 8 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Honeywell International by 12.6% in the first quarter. Canada Pension Plan Investment Board now owns 312,610 shares of the conglomerate’s stock valued at $39,036,000 after buying an additional 35,098 shares during the last quarter. Tufton Capital Management bought a new position in shares of Honeywell International during the first quarter valued at $251,000. Central Bank & Trust Co. raised its position in shares of Honeywell International by 0.6% in the first quarter. Central Bank & Trust Co. now owns 39,606 shares of the conglomerate’s stock valued at $4,946,000 after buying an additional 238 shares during the last quarter. Finally, North Star Investment Management Corp. raised its position in shares of Honeywell International by 0.7% in the first quarter. North Star Investment Management Corp. now owns 5,422 shares of the conglomerate’s stock valued at $677,000 after buying an additional 38 shares during the last quarter. Institutional investors and hedge funds own 78.06% of the company’s stock.
Shares of Honeywell International Inc. (NYSE HON) opened at 135.84 on Tuesday. The firm has a market cap of $103.56 billion, a P/E ratio of 21.39 and a beta of 0.92. Honeywell International Inc. has a 12 month low of $105.25 and a 12 month high of $135.90. The firm has a 50-day moving average of $132.54 and a 200 day moving average of $124.45.
Honeywell International (NYSE:HON) last posted its earnings results on Friday, April 21st. The conglomerate reported $1.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.62 by $0.04. Honeywell International had a return on equity of 26.58% and a net margin of 12.43%. The firm had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.33 billion. During the same period in the previous year, the company earned $1.56 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities research analysts anticipate that Honeywell International Inc. will post $7.09 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 9th. Investors of record on Friday, May 19th were issued a $0.665 dividend. The ex-dividend date was Wednesday, May 17th. This represents a $2.66 annualized dividend and a yield of 1.96%. Honeywell International’s dividend payout ratio (DPR) is currently 42.16%.
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Several research analysts have recently weighed in on the stock. Royal Bank Of Canada reiterated a “buy” rating on shares of Honeywell International in a report on Friday, May 26th. Jefferies Group LLC reiterated a “buy” rating and set a $141.00 price objective on shares of Honeywell International in a report on Wednesday, May 17th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $148.00 price target on shares of Honeywell International in a report on Tuesday, April 25th. Stifel Nicolaus raised their price target on shares of Honeywell International from $136.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, April 25th. Finally, Citigroup Inc. raised their price target on shares of Honeywell International from $140.00 to $147.00 and gave the company a “buy” rating in a report on Tuesday, April 25th. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Honeywell International presently has a consensus rating of “Buy” and a consensus target price of $134.05.
In related news, VP Jennifer H. Mak sold 5,510 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $131.88, for a total value of $726,658.80. Following the completion of the sale, the vice president now directly owns 3,141 shares in the company, valued at approximately $414,235.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Thomas A. Szlosek sold 36,080 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $131.16, for a total value of $4,732,252.80. Following the completion of the sale, the chief financial officer now owns 2,160 shares of the company’s stock, valued at $283,305.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,253,667 shares of company stock valued at $164,049,416. Corporate insiders own 1.56% of the company’s stock.
About Honeywell International
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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