Honeywell International Inc. (NASDAQ:HON) Shares Bought by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.4% in the second quarter, HoldingsChannel reports. The fund owned 2,689 shares of the conglomerate’s stock after buying an additional 64 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Honeywell International were worth $574,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Group Foundation bought a new stake in shares of Honeywell International in the 1st quarter valued at approximately $26,000. Altshuler Shaham Ltd bought a new stake in Honeywell International in the fourth quarter worth approximately $27,000. Scarborough Advisors LLC bought a new stake in Honeywell International in the fourth quarter worth approximately $27,000. Richardson Capital Management LLC acquired a new position in shares of Honeywell International during the 1st quarter worth $35,000. Finally, Pathway Financial Advisers LLC bought a new position in shares of Honeywell International during the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HON. Royal Bank of Canada reduced their price target on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating for the company in a research report on Friday, July 26th. Citigroup boosted 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. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Finally, UBS Group raised shares of Honeywell International from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $175.00 to $215.00 in a report on Monday, June 10th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $225.00.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $2.34 during midday trading on Friday, hitting $202.48. The company had a trading volume of 2,948,370 shares, compared to its average volume of 2,912,915. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $220.79. The business’s 50 day simple moving average is $208.19 and its two-hundred day simple moving average is $202.59. The stock has a market cap of $131.85 billion, a PE ratio of 23.46, a P/E/G ratio of 2.32 and a beta of 1.04. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.07. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $2.23 EPS. As a group, equities analysts predict that Honeywell International Inc. will post 10.14 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Shareholders 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 2.13%. Honeywell International’s dividend payout ratio is currently 50.06%.

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.