Honeywell International Inc. (NASDAQ:HON) Stock Holdings Raised by RFG Advisory LLC

RFG Advisory LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 8.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,700 shares of the conglomerate’s stock after purchasing an additional 275 shares during the period. RFG Advisory LLC’s holdings in Honeywell International were worth $790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. LGT Group Foundation acquired a new position in shares of Honeywell International in the 1st quarter valued at about $26,000. Scarborough Advisors LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at about $27,000. Altshuler Shaham Ltd acquired a new position in shares of Honeywell International in the 4th quarter valued at about $27,000. Rakuten Securities Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at about $31,000. Finally, Richardson Capital Management LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at about $35,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.7 %

Shares of HON stock traded down $1.44 during trading hours on Monday, reaching $196.79. 3,069,592 shares of the stock traded hands, compared to its average volume of 2,923,563. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $220.79. The business has a fifty day moving average price of $210.00 and a 200 day moving average price of $202.58. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $128.15 billion, a PE ratio of 23.04, a PEG ratio of 2.32 and a beta of 1.04.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same quarter in the previous year, the business earned $2.23 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 10.14 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 16th will be paid a $1.08 dividend. The ex-dividend date of this dividend is Friday, August 16th. This represents a $4.32 annualized dividend and a yield of 2.20%. Honeywell International’s dividend payout ratio is presently 50.06%.

Wall Street Analyst Weigh In

Several research firms have recently commented on HON. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Citigroup boosted their target price on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday. Royal Bank of Canada reduced their target price on shares of Honeywell International from $218.00 to $214.00 and set a “sector perform” rating for the company in a research note on Friday, July 26th. Finally, UBS Group raised shares of 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. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $225.00.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the transaction, the director now owns 203,510 shares in the company, valued at approximately $41,507,899.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.41% of the company’s stock.

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.