Honeywell International Inc. (HON) Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its position in Honeywell International Inc. (NYSE:HON) by 0.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 513,023 shares of the conglomerate’s stock after acquiring an additional 1,675 shares during the period. Retirement Systems of Alabama owned 0.07% of Honeywell International worth $68,381,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HON. Waldron LP increased its position in Honeywell International by 70.0% during the 1st quarter. Waldron LP now owns 6,715 shares of the conglomerate’s stock valued at $826,000 after buying an additional 2,765 shares in the last quarter. Conning Inc. increased its position in Honeywell International by 6.8% during the 1st quarter. Conning Inc. now owns 244,391 shares of the conglomerate’s stock valued at $30,517,000 after buying an additional 15,507 shares in the last quarter. Dowling & Yahnke LLC increased its position in Honeywell International by 0.9% during the 1st quarter. Dowling & Yahnke LLC now owns 51,763 shares of the conglomerate’s stock valued at $6,464,000 after buying an additional 446 shares in the last quarter. Northstar Asset Management LLC increased its position in Honeywell International by 3.1% during the 1st quarter. Northstar Asset Management LLC now owns 13,200 shares of the conglomerate’s stock valued at $1,648,000 after buying an additional 400 shares in the last quarter. Finally, Mercer Capital Advisers Inc. increased its position in Honeywell International by 5.0% during the 1st quarter. Mercer Capital Advisers Inc. now owns 3,157 shares of the conglomerate’s stock valued at $394,000 after buying an additional 150 shares in the last quarter. 75.73% of the stock is owned by hedge funds and other institutional investors.

HON has been the topic of several recent analyst reports. HSBC Holdings plc initiated coverage on Honeywell International in a research note on Wednesday, June 21st. They set a “buy” rating and a $147.00 target price on the stock. Cowen and Company reiterated a “buy” rating and set a $150.00 target price on shares of Honeywell International in a research note on Tuesday, October 10th. Citigroup Inc. increased their target price on Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, October 9th. Jefferies Group LLC reiterated a “buy” rating and set a $155.00 target price on shares of Honeywell International in a research note on Tuesday, August 22nd. Finally, Royal Bank Of Canada set a $148.00 target price on Honeywell International and gave the company a “buy” rating in a research note on Sunday, August 27th. One analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $149.52.

In other news, SVP Katherine L. Adams sold 1,000 shares of the business’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 completion of the transaction, the senior vice president now owns 180,211 shares of the company’s stock, valued at $24,732,157.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Jennifer H. Mak sold 420 shares of the business’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 transaction, the vice president now directly owns 1,363 shares of the company’s stock, valued at approximately $186,267.58. The disclosure for this sale can be found here. Insiders sold 354,108 shares of company stock worth $48,886,463 in the last ninety days. Insiders own 1.56% of the company’s stock.

Shares of Honeywell International Inc. (NYSE HON) opened at 143.43 on Wednesday. Honeywell International Inc. has a one year low of $107.41 and a one year high of $145.30. The company has a market capitalization of $109.09 billion, a PE ratio of 22.24 and a beta of 0.95. The stock has a 50 day moving average price of $139.95 and a 200 day moving average price of $134.50.

Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The firm had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter in the previous year, the firm earned $1.70 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. On average, equities research analysts predict that Honeywell International Inc. will post $7.09 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be issued a $0.745 dividend. This represents a $2.98 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Thursday, November 16th. This is an increase from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio is 41.24%.

COPYRIGHT VIOLATION WARNING: “Honeywell International Inc. (HON) Shares Bought by Retirement Systems of Alabama” was first published by BBNS and is the property of of BBNS. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://baseballnewssource.com/markets/retirement-systems-of-alabama-has-68-38-million-stake-in-honeywell-international-inc-hon/1700492.html.

Honeywell International Profile

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.

Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

Receive News & Ratings for Honeywell International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Red Sox Waste Little Time in Firing John Farrell
Red Sox Waste Little Time in Firing John Farrell
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Red Sox Beat Houston Sunday to Avoid Elimination
Red Sox Beat Houston Sunday to Avoid Elimination


Leave a Reply

 
© 2006-2017 BBNS.