Triangle Securities Wealth Management Has $709,000 Holdings in Honeywell International Inc. (HON)
Triangle Securities Wealth Management held its stake in Honeywell International Inc. (NYSE:HON) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,316 shares of the conglomerate’s stock at the end of the second quarter. Triangle Securities Wealth Management’s holdings in Honeywell International were worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also modified their holdings of HON. Crestwood Advisors Group LLC bought a new stake in shares of Honeywell International in the 1st quarter worth about $100,000. Hanson McClain Inc. lifted its holdings in shares of Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock worth $101,000 after acquiring an additional 3 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of Honeywell International by 55.8% in the 1st quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock worth $117,000 after acquiring an additional 335 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Honeywell International by 56.7% in the 1st quarter. Proficio Capital Partners LLC now owns 940 shares of the conglomerate’s stock worth $124,000 after acquiring an additional 340 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its holdings in shares of Honeywell International by 12.6% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,112 shares of the conglomerate’s stock worth $138,000 after acquiring an additional 124 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.
Shares of Honeywell International Inc. (NYSE:HON) traded down 0.51% on Thursday, hitting $137.19. 1,103,312 shares of the stock were exchanged. The stock has a market cap of $104.34 billion, a PE ratio of 21.27 and a beta of 0.94. The company’s 50 day moving average is $137.49 and its 200-day moving average is $131.98. Honeywell International Inc. has a 52-week low of $105.25 and a 52-week high of $140.21.
Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.02. The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.89 billion. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 earnings per share. Analysts predict that Honeywell International Inc. will post $7.09 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 18th were given a dividend of $0.665 per share. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $2.66 annualized dividend and a dividend yield of 1.93%. Honeywell International’s dividend payout ratio is presently 41.24%.
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Several research firms have recently issued reports on HON. HSBC Holdings plc began coverage on shares of Honeywell International in a report on Wednesday, June 21st. They issued a “buy” rating and a $147.00 target price for the company. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Wednesday, June 28th. Jefferies Group LLC restated a “buy” rating and issued a $155.00 target price on shares of Honeywell International in a report on Tuesday, August 22nd. Royal Bank Of Canada set a $148.00 target price on shares of Honeywell International and gave the stock a “buy” rating in a report on Sunday, August 27th. Finally, BidaskClub upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Two research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $141.18.
In related news, SVP Katherine L. Adams sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $137.24, for a total value of $137,240.00. Following the sale, the senior vice president now owns 180,211 shares of the company’s stock, valued at $24,732,157.64. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Jennifer H. Mak sold 420 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $136.66, for a total transaction of $57,397.20. Following the completion of the sale, the vice president now directly owns 1,363 shares in the company, valued at approximately $186,267.58. The disclosure for this sale can be found here. Insiders have sold 354,108 shares of company stock worth $48,886,463 in the last three months. 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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