Sii Investments Inc. WI Buys 236 Shares of Honeywell International Inc. (HON)
Sii Investments Inc. WI increased its stake in Honeywell International Inc. (NYSE:HON) by 3.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,367 shares of the conglomerate’s stock after buying an additional 236 shares during the period. Sii Investments Inc. WI’s holdings in Honeywell International were worth $790,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Crestwood Advisors Group LLC bought a new stake in shares of Honeywell International during the first quarter valued at $100,000. Peoples Financial Services CORP. boosted its position in Honeywell International by 62.2% in the first quarter. Peoples Financial Services CORP. now owns 811 shares of the conglomerate’s stock valued at $101,000 after buying an additional 311 shares during the last quarter. Hanson McClain Inc. boosted its position in Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after buying an additional 3 shares during the last quarter. MCF Advisors LLC boosted its position in Honeywell International by 55.8% in the first quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after buying an additional 335 shares during the last quarter. Finally, SRS Capital Advisors Inc. boosted its position in Honeywell International by 12.6% in the first quarter. SRS Capital Advisors Inc. now owns 1,112 shares of the conglomerate’s stock valued at $138,000 after buying an additional 124 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.
Shares of Honeywell International Inc. (HON) traded down 0.47% on Friday, hitting $136.59. The stock had a trading volume of 2,347,107 shares. Honeywell International Inc. has a 12-month low of $105.25 and a 12-month high of $140.21. The firm has a market cap of $103.89 billion, a P/E ratio of 21.18 and a beta of 0.94. The company’s 50-day moving average price is $135.93 and its 200 day moving average price is $129.42.
Honeywell International (NYSE:HON) last announced its earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.02. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.89 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. Honeywell International’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.70 earnings per share. On average, equities research analysts forecast that Honeywell International Inc. will post $7.10 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be given a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Wednesday, August 16th. Honeywell International’s dividend payout ratio (DPR) is presently 41.24%.
Several research firms have issued reports on HON. Cowen and Company reiterated an “outperform” rating and issued a $150.00 price objective (up previously from $140.00) on shares of Honeywell International in a research report on Tuesday. BidaskClub upgraded Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, August 6th. Credit Suisse Group reiterated a “neutral” rating and issued a $139.00 price objective (up previously from $131.00) on shares of Honeywell International in a research report on Tuesday, July 25th. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 price objective (up previously from $141.00) on shares of Honeywell International in a research report on Monday, July 24th. Finally, Oppenheimer Holdings, Inc. increased their price objective on Honeywell International from $148.00 to $155.00 and gave the stock an “outperform” rating in a research report on Monday, July 24th. One analyst has rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $139.17.
In other news, insider Timothy O. Mahoney sold 341,701 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $138.08, for a total transaction of $47,182,074.08. Following the sale, the insider now directly owns 294,155 shares of the company’s stock, valued at $40,616,922.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bradley T. Sheares sold 3,430 shares of the business’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $131.71, for a total value of $451,765.30. Following the sale, the director now directly owns 8,731 shares in the company, valued at $1,149,960.01. The disclosure for this sale can be found here. Insiders have sold 473,229 shares of company stock worth $64,546,642 over the last ninety days. 1.56% of the stock is owned by insiders.
Honeywell International Company Profile
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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