Plimoth Trust Co. LLC Has $940,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Plimoth Trust Co. LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,403 shares of the conglomerate’s stock after selling 100 shares during the period. Plimoth Trust Co. LLC’s holdings in Honeywell International were worth $940,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Cypress Wealth Services LLC increased its position in Honeywell International by 2.5% in the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after purchasing an additional 47 shares during the period. Bard Financial Services Inc. increased its position in Honeywell International by 0.3% in the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock worth $3,757,000 after purchasing an additional 50 shares during the period. Quent Capital LLC increased its position in Honeywell International by 3.0% in the second quarter. Quent Capital LLC now owns 1,773 shares of the conglomerate’s stock worth $379,000 after purchasing an additional 51 shares during the period. Legacy Trust increased its position in Honeywell International by 2.1% in the first quarter. Legacy Trust now owns 2,527 shares of the conglomerate’s stock worth $519,000 after purchasing an additional 52 shares during the period. Finally, NTV Asset Management LLC increased its position in Honeywell International by 1.5% in the fourth quarter. NTV Asset Management LLC now owns 3,722 shares of the conglomerate’s stock worth $781,000 after purchasing an additional 55 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several research analysts 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 Thursday. Wells Fargo & Company decreased their price target on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a report on Friday, July 26th. Daiwa America raised Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and boosted their target price for the company from $175.00 to $215.00 in a research note on Monday, June 10th. Finally, Citigroup increased their price target on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $225.00.

Honeywell International Stock Down 0.6 %

Shares of NASDAQ:HON traded down $1.28 during trading on Thursday, hitting $200.14. 1,947,343 shares of the company were exchanged, compared to its average volume of 2,913,529. The stock has a market cap of $130.33 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 2.32 and a beta of 1.04. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $220.79. The firm has a fifty day moving average price of $208.31 and a two-hundred day moving average price of $202.41.

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 company had revenue of $9.58 billion during the quarter, compared to the consensus estimate of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.23 EPS. As a group, research analysts anticipate that Honeywell International Inc. will post 10.14 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, August 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.16%. Honeywell International’s payout ratio is 50.06%.

About Honeywell International

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.