Evolution Wealth Advisors LLC lifted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 98.0% during the 3rd quarter, Holdings Channel reports. The firm owned 198 shares of the conglomerate’s stock after buying an additional 98 shares during the period. Evolution Wealth Advisors LLC’s holdings in Honeywell International were worth $33,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Campbell Wealth Management acquired a new stake in shares of Honeywell International during the second quarter worth about $26,000. Crewe Advisors LLC lifted its position in shares of Honeywell International by 73.0% during the third quarter. Crewe Advisors LLC now owns 173 shares of the conglomerate’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $32,000. Baltimore Washington Financial Advisors Inc. purchased a new stake in shares of Honeywell International during the second quarter worth approximately $33,000. Finally, Rockbridge Investment Management LCC purchased a new stake in shares of Honeywell International during the second quarter worth approximately $33,000. 75.30% of the stock is currently owned by institutional investors and hedge funds.
HON stock opened at $174.86 on Friday. The company has a market capitalization of $122.71 billion, a P/E ratio of 21.51, a PEG ratio of 3.31 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $101.08 and a twelve month high of $184.06. The business has a 50 day simple moving average of $167.29 and a 200-day simple moving average of $150.23. The company has a current ratio of 1.63, a quick ratio of 1.36 and a debt-to-equity ratio of 0.96.
Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, July 24th. The conglomerate reported $1.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.11. The business had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.28 billion. Honeywell International had a return on equity of 29.93% and a net margin of 16.94%. The company’s revenue was down 19.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.10 earnings per share. Research analysts predict that Honeywell International Inc. will post 6.88 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be issued a $0.93 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $0.90. This represents a $3.72 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Thursday, November 12th. Honeywell International’s dividend payout ratio is presently 44.12%.
In related news, CEO Darius Adamczyk sold 20,000 shares of the stock in a transaction on Monday, September 28th. The stock was sold at an average price of $163.95, for a total transaction of $3,279,000.00. Following the completion of the sale, the chief executive officer now directly owns 200,677 shares of the company’s stock, valued at $32,900,994.15. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.64% of the stock is currently owned by corporate insiders.
HON has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Honeywell International from $153.00 to $169.00 and gave the stock a “hold” rating in a research note on Tuesday, October 13th. Barclays restated a “buy” rating on shares of Honeywell International in a research note on Sunday, July 26th. Morgan Stanley upped their target price on shares of Honeywell International from $160.00 to $172.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. Credit Suisse Group upped their target price on shares of Honeywell International from $166.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. upped their target price on shares of Honeywell International from $185.00 to $198.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $163.17.
Honeywell International Company Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
Featured Story: Limitations of the P/E Growth ratio
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.