Ironwood Financial llc Has $127,000 Stake in Honeywell International Inc. (HON)
Ironwood Financial llc maintained its position in Honeywell International Inc. (NYSE:HON) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,092 shares of the company’s stock at the end of the second quarter. Ironwood Financial llc’s holdings in Honeywell International were worth $127,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Advisor Partners LLC increased its position in Honeywell International by 16.4% in the first quarter. Advisor Partners LLC now owns 13,915 shares of the company’s stock worth $1,559,000 after buying an additional 1,960 shares during the last quarter. Shufro Rose & Co. LLC acquired a new position in Honeywell International during the first quarter worth approximately $323,000. Adell Harriman & Carpenter Inc. increased its position in Honeywell International by 0.7% in the first quarter. Adell Harriman & Carpenter Inc. now owns 68,371 shares of the company’s stock worth $7,661,000 after buying an additional 500 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new position in Honeywell International during the first quarter worth approximately $3,102,000. Finally, Baker Ellis Asset Management LLC increased its position in Honeywell International by 2.1% in the first quarter. Baker Ellis Asset Management LLC now owns 18,863 shares of the company’s stock worth $2,114,000 after buying an additional 388 shares during the last quarter. 76.49% of the stock is owned by institutional investors.
Honeywell International Inc. (NYSE:HON) traded up 0.37% on Wednesday, reaching $108.27. 3,123,755 shares of the company traded hands. Honeywell International Inc. has a one year low of $93.71 and a one year high of $120.02. The firm has a 50 day moving average of $113.51 and a 200-day moving average of $114.91. The stock has a market capitalization of $82.38 billion, a PE ratio of 17.13 and a beta of 1.05.
Honeywell International (NYSE:HON) last posted its earnings results on Friday, July 22nd. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.02. The firm earned $9.78 billion during the quarter, compared to analysts’ expectations of $10.13 billion. Honeywell International had a net margin of 12.60% and a return on equity of 26.84%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.51 earnings per share. On average, analysts anticipate that Honeywell International Inc. will post $6.68 EPS for the current year.
A number of equities analysts have recently commented on the stock. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Honeywell International in a report on Saturday, July 9th. Deutsche Bank AG reaffirmed a “buy” rating and set a $113.00 price objective on shares of Honeywell International in a report on Thursday, August 25th. Morgan Stanley set a $130.00 price objective on shares of Honeywell International and gave the stock a “buy” rating in a report on Monday, August 22nd. Citigroup Inc. reiterated a “buy” rating and set a $132.00 target price on shares of Honeywell International in a research report on Thursday, June 30th. Finally, Zacks Investment Research cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $123.00.
In other Honeywell International news, VP Jennifer H. Mak sold 277 shares of the 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 completion of 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Andreas Kramvis sold 1,850 shares of the 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 of the company’s stock, valued at approximately $7,627,426.80. The disclosure for this sale can be found here. 1.83% of the stock is owned by insiders.
About Honeywell International
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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