Rogco LP trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,117 shares of the conglomerate’s stock after selling 73 shares during the period. Rogco LP’s holdings in Honeywell International were worth $1,192,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Impact Capital Partners LLC raised its position in shares of Honeywell International by 1.8% in the 2nd quarter. Impact Capital Partners LLC now owns 8,977 shares of the conglomerate’s stock worth $2,091,000 after buying an additional 162 shares during the period. Childress Capital Advisors LLC grew its position in Honeywell International by 15.0% during the second quarter. Childress Capital Advisors LLC now owns 2,624 shares of the conglomerate’s stock valued at $611,000 after acquiring an additional 343 shares during the period. Consolidated Portfolio Review Corp increased its stake in Honeywell International by 5.1% during the second quarter. Consolidated Portfolio Review Corp now owns 1,224 shares of the conglomerate’s stock worth $285,000 after acquiring an additional 59 shares during the last quarter. TABR Capital Management LLC purchased a new position in shares of Honeywell International in the 2nd quarter worth about $213,000. Finally, Sicart Associates LLC purchased a new position in shares of Honeywell International in the 2nd quarter worth about $397,000. 75.91% of the stock is owned by hedge funds and other institutional investors.
Honeywell International Price Performance
HON opened at $210.53 on Wednesday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The firm has a market cap of $133.67 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 2.36 and a beta of 1.05. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. The company has a fifty day simple moving average of $216.79 and a 200 day simple moving average of $217.39.
Honeywell International Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a dividend of $1.19 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. The ex-dividend date is Friday, November 14th. This represents a $4.76 dividend on an annualized basis and a yield of 2.3%. Honeywell International’s payout ratio is 51.42%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on HON. Royal Bank Of Canada decreased their target price on Honeywell International from $254.00 to $253.00 and set a “sector perform” rating for the company in a report on Friday, July 25th. Morgan Stanley lifted their price target on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, July 25th. Citigroup raised their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Finally, Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and an average price target of $254.00.
View Our Latest Analysis on Honeywell International
Insiders Place Their Bets
In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the sale, the chief executive officer directly owned 10,334 shares in the company, valued at $2,289,807.72. The trade was a 80.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by company insiders.
Honeywell International Profile
Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.
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