Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Signet Investment Advisory Group Inc.

Signet Investment Advisory Group Inc. raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,163 shares of the conglomerate’s stock after buying an additional 727 shares during the quarter. Honeywell International comprises 1.9% of Signet Investment Advisory Group Inc.’s portfolio, making the stock its 18th largest position. Signet Investment Advisory Group Inc.’s holdings in Honeywell International were worth $3,451,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Torray Investment Partners LLC grew its holdings in shares of Honeywell International by 0.3% during 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 last quarter. Boyd Watterson Asset Management LLC OH grew its stake in shares of Honeywell International by 0.3% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after purchasing an additional 89 shares in the last quarter. Adell Harriman & Carpenter Inc. increased its holdings in shares of Honeywell International by 2.1% during the fourth quarter. Adell Harriman & Carpenter Inc. now owns 57,231 shares of the conglomerate’s stock valued at $12,002,000 after purchasing an additional 1,189 shares during the period. Connectus Wealth LLC grew its position in Honeywell International by 2.2% in the 4th quarter. Connectus Wealth LLC now owns 224,661 shares of the conglomerate’s stock valued at $47,128,000 after buying an additional 4,789 shares in the last quarter. Finally, HTLF Bank acquired a new position in Honeywell International during the 4th quarter valued at about $1,166,000. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Friday. Wells Fargo & Company decreased their price target on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Friday, July 26th. UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $175.00 to $215.00 in a research note on Monday, June 10th. Citigroup raised their target price on Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. Finally, Royal Bank of Canada lowered their price objective on shares of Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research note on Friday, July 26th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $225.00.

Honeywell International Trading Up 0.6 %

Honeywell International stock traded up $1.11 during midday trading on Friday, reaching $198.50. The stock had a trading volume of 2,811,121 shares, compared to its average volume of 2,931,357. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91. The firm has a market cap of $129.26 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 2.32 and a beta of 1.04. The firm’s fifty day simple moving average is $209.04 and its two-hundred day simple moving average is $202.39.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping the consensus estimate of $2.42 by $0.07. The business had revenue of $9.58 billion during the quarter, compared to analysts’ expectations of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. Honeywell International’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.23 earnings per share. Equities analysts anticipate that Honeywell International Inc. will post 10.14 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 16th will be given a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, August 16th. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

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.