Honeywell International Inc. (NASDAQ:HON) Shares Sold by Plancorp LLC

Plancorp LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 6.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,661 shares of the conglomerate’s stock after selling 110 shares during the period. Plancorp LLC’s holdings in Honeywell International were worth $355,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. LGT Group Foundation acquired a new position in shares of Honeywell International during the 1st quarter worth about $26,000. Scarborough Advisors LLC acquired a new position in Honeywell International in the fourth quarter valued at approximately $27,000. Richardson Capital Management LLC purchased a new position in Honeywell International in the first quarter valued at approximately $35,000. Financial Connections Group Inc. acquired a new stake in Honeywell International during the second quarter worth approximately $38,000. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of Honeywell International during the 1st quarter worth approximately $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.2 %

Shares of HON stock opened at $204.24 on Wednesday. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. The business’s 50 day moving average is $205.22 and its two-hundred day moving average is $203.40. The company has a market capitalization of $133.00 billion, a P/E ratio of 23.67, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The firm had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same period last year, the firm posted $2.23 EPS. Honeywell International’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts forecast that Honeywell International Inc. will post 10.11 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 16th were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Friday, August 16th. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Morgan Stanley started coverage on shares of Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Citigroup lifted their target price on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, June 4th. Daiwa America raised Honeywell International to a “moderate buy” rating in a research report on Wednesday, June 5th. Wells Fargo & Company dropped their price target on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Friday, July 26th. Finally, UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $175.00 to $215.00 in a research note on Monday, June 10th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus 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.