Howard Financial Services LTD. Buy 108 shares of Honeywell International Inc. (NASDAQ:HON)

Howard Financial Services LTD. increased its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 8.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,318 shares of the conglomerate’s stock after purchasing an additional 108 shares during the quarter. The holdings of Howard Financial Services LTD. in Honeywell International were worth $272,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have recently made changes to their positions in the company. Cypress Wealth Services LLC increased its position in shares of 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 acquiring an additional 47 shares during the last quarter. Bard Financial Services Inc. increased its position in shares of Honeywell International by 0.3% in the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after purchasing an additional 50 shares during the last quarter. ZRC Wealth Management LLC boosted its holdings in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after buying an additional 50 shares in the last quarter. Quent Capital LLC boosted its stake 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 buying an additional 51 shares in the last quarter. Finally, Lansing Street Advisors boosted its holdings in shares of Honeywell International by 5.0% during the second quarter. Lansing Street Advisors now owns 1,077 shares of the conglomerate’s stock valued at $230,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s shares.

Honeywell International stock performance

Shares of Honeywell International stock opened at $207.91 on Wednesday. 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 $135.39 billion, a P/E ratio of 23.99, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $220.79. The company’s 50-day moving average is $202.90 and its 200-day moving average is $203.97.

Honeywell International (NASDAQ:HON – Get Your Free Report ) last issued its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share 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 the consensus estimate of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. In the same period last year, the company earned $2.23 per share. Research analysts estimate that Honeywell International Inc. will post 10.11 EPS for the current year.

Honeywell International raises dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, November 15. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a dividend of $4.52 on an annualized basis and a dividend yield of 2.17%. Honeywell International’s dividend payout ratio (DPR) is 52.38%.

Changes in Analyst Ratings

Several equities research analysts recently issued reports on HON shares. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Wells Fargo & Company decreased their price objective on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a report on Monday. Morgan Stanley assumed coverage on shares of Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $214.00 price objective on shares of Honeywell International in a research report on Thursday, September 26th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Honeywell International has a consensus rating of “Hold” and an average price target of $222.13, according to MarketBeat.

Read our latest research report on Honeywell International

Honeywell International Company Profile

(Free report)

Honeywell International Inc is engaged in aerospace technologies, building automation, energy and sustainability 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 and power control 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.

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