Duncker Streett & Co. Inc. Sells 148 Shares of Honeywell International Inc. (NASDAQ:HON)

Duncker Streett & Co. Inc. trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,759 shares of the conglomerate’s stock after selling 148 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Honeywell International were worth $1,016,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $325,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Honeywell International in the fourth quarter worth $50,000. Y.D. More Investments Ltd lifted its stake in shares of Honeywell International by 41.3% during the fourth quarter. Y.D. More Investments Ltd now owns 654 shares of the conglomerate’s stock worth $137,000 after buying an additional 191 shares during the period. Great Valley Advisor Group Inc. grew its holdings in shares of Honeywell International by 9.2% during the fourth quarter. Great Valley Advisor Group Inc. now owns 28,758 shares of the conglomerate’s stock valued at $6,031,000 after buying an additional 2,428 shares during the last quarter. Finally, Heritage Wealth Management LLC purchased a new stake in shares of Honeywell International during the fourth quarter valued at $1,651,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.2 %

Shares of Honeywell International stock opened at $207.91 on Friday. The firm has a market capitalization of $135.07 billion, a PE ratio of 24.09, a P/E/G ratio of 2.37 and a beta of 1.04. The firm’s 50-day moving average price is $207.45 and its 200 day moving average price is $202.93. 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.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 15.49% and a return on equity of 36.87%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.23 earnings per share. On average, sell-side analysts predict that Honeywell International Inc. will post 10.12 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 16th will be issued a $1.08 dividend. The ex-dividend date is Friday, August 16th. This represents a $4.32 annualized dividend and a yield of 2.08%. Honeywell International’s payout ratio is 50.06%.

Analysts Set New Price Targets

HON has been the subject of a number of research reports. Citigroup lifted their target price on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Wells Fargo & Company reduced their target price 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. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. Finally, UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and increased their price target for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and an average target price of $225.00.

Honeywell International 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.