Oxbow Advisors LLC Has $385,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Oxbow Advisors LLC lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,801 shares of the conglomerate’s stock after selling 76 shares during the quarter. Oxbow Advisors LLC’s holdings in Honeywell International were worth $385,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Torray Investment Partners LLC raised its position in shares of Honeywell International by 0.3% in the fourth quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock valued at $12,312,000 after purchasing an additional 190 shares during the period. Connectus Wealth LLC raised its holdings in Honeywell International by 2.2% in the 4th quarter. Connectus Wealth LLC now owns 224,661 shares of the conglomerate’s stock worth $47,128,000 after acquiring an additional 4,789 shares during the period. Main Street Financial Solutions LLC boosted its holdings in Honeywell International by 2.6% during the fourth quarter. Main Street Financial Solutions LLC now owns 4,561 shares of the conglomerate’s stock valued at $956,000 after acquiring an additional 114 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in shares of Honeywell International by 17.7% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 12,141 shares of the conglomerate’s stock valued at $2,546,000 after purchasing an additional 1,823 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. bought a new position in shares of Honeywell International in the fourth quarter worth about $27,230,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

NASDAQ:HON traded down $4.85 during mid-day trading on Friday, reaching $198.13. 2,540,656 shares of the company were exchanged, compared to its average volume of 2,869,869. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. The stock has a market cap of $129.02 billion, a PE ratio of 22.96, a PEG ratio of 2.37 and a beta of 1.03. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $220.79. The company has a fifty day moving average of $206.41 and a 200 day moving average of $203.13.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. The firm had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $2.23 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 10.12 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.18%. The ex-dividend date was Friday, August 16th. Honeywell International’s payout ratio is 50.06%.

Wall Street Analyst Weigh In

HON has been the topic of several research analyst reports. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Citigroup boosted their price objective on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and boosted their price target for the company from $175.00 to $215.00 in a research note on Monday, June 10th. Finally, Morgan Stanley started coverage on Honeywell International in a research report on Friday. They issued an “equal weight” rating and a $210.00 price objective for the company. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $223.13.

Honeywell International Company 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.