Waldron LP boosted its position in Honeywell International Inc. (NYSE:HON) by 53.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,410 shares of the conglomerate’s stock after buying an additional 842 shares during the period. Waldron LP’s holdings in Honeywell International were worth $369,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in HON. Burt Wealth Advisors increased its holdings in Honeywell International by 65.4% in the second quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after buying an additional 300 shares during the last quarter. Mascoma Wealth Management LLC increased its holdings in Honeywell International by 113.2% in the third quarter. Mascoma Wealth Management LLC now owns 806 shares of the conglomerate’s stock valued at $114,000 after buying an additional 428 shares during the last quarter. Invictus RG bought a new stake in Honeywell International in the third quarter valued at about $117,000. Hanson McClain Inc. increased its holdings in Honeywell International by 25.1% in the second quarter. Hanson McClain Inc. now owns 1,013 shares of the conglomerate’s stock valued at $135,000 after buying an additional 203 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Honeywell International by 772.9% in the second quarter. Tower Research Capital LLC TRC now owns 1,030 shares of the conglomerate’s stock valued at $137,000 after buying an additional 912 shares during the last quarter. 75.73% of the stock is owned by hedge funds and other institutional investors.
In related news, Director Linnet F. Deily sold 2,886 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $147.71, for a total value of $426,291.06. Following the completion of the transaction, the director now directly owns 9,105 shares of the company’s stock, valued at approximately $1,344,899.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.56% of the company’s stock.
Honeywell International Inc. (NYSE:HON) opened at $156.50 on Tuesday. Honeywell International Inc. has a fifty-two week low of $122.40 and a fifty-two week high of $165.13. The stock has a market capitalization of $116,650.54, a P/E ratio of 75.24, a P/E/G ratio of 2.19 and a beta of 0.96. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.38 and a quick ratio of 1.13.
Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, January 26th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. Honeywell International had a return on equity of 27.27% and a net margin of 4.08%. The business had revenue of $10.84 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same period in the prior year, the company posted $1.74 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. analysts anticipate that Honeywell International Inc. will post 7.97 earnings per share for the current fiscal year.
Honeywell International declared that its Board of Directors has initiated a share repurchase program on Friday, December 8th that allows the company to repurchase $6.50 billion in shares. This repurchase authorization allows the conglomerate to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be issued a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Thursday, February 22nd. Honeywell International’s dividend payout ratio (DPR) is 143.27%.
COPYRIGHT VIOLATION NOTICE: “Honeywell International Inc. (HON) Shares Bought by Waldron LP” was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3226200/honeywell-international-inc-hon-shares-bought-by-waldron-lp.html.
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.
Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NYSE:HON).
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.