Honeywell International Inc. (NYSE:HON) Shares Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC boosted its holdings in Honeywell International Inc. (NYSE:HON) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125,089 shares of the conglomerate’s stock after purchasing an additional 1,598 shares during the quarter. Honeywell International comprises approximately 1.0% of EP Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest holding. EP Wealth Advisors LLC’s holdings in Honeywell International were worth $21,165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Krane Funds Advisors LLC purchased a new stake in shares of Honeywell International during the second quarter valued at approximately $25,000. Investors Research Corp boosted its stake in shares of Honeywell International by 678.3% during the third quarter. Investors Research Corp now owns 179 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 156 shares during the period. Mcmillion Capital Management Inc. bought a new position in shares of Honeywell International during the second quarter valued at approximately $31,000. Transamerica Financial Advisors Inc. raised its holdings in shares of Honeywell International by 2,371.4% during the second quarter. Transamerica Financial Advisors Inc. now owns 173 shares of the conglomerate’s stock valued at $31,000 after acquiring an additional 166 shares in the last quarter. Finally, Mackey Komara & Dankovich LLC raised its holdings in shares of Honeywell International by 887.9% during the second quarter. Mackey Komara & Dankovich LLC now owns 1,798 shares of the conglomerate’s stock valued at $33,000 after acquiring an additional 1,616 shares in the last quarter. 75.61% of the stock is owned by institutional investors and hedge funds.

NYSE:HON traded up $0.66 on Wednesday, hitting $173.21. The stock had a trading volume of 2,912,692 shares, compared to its average volume of 2,734,542. Honeywell International Inc. has a 52-week low of $123.48 and a 52-week high of $183.12. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. The stock has a market cap of $127.58 billion, a price-to-earnings ratio of 21.62, a price-to-earnings-growth ratio of 2.39 and a beta of 1.10. The business’s 50-day simple moving average is $175.45 and its two-hundred day simple moving average is $170.49.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, October 17th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.07. The company had revenue of $9.09 billion for the quarter, compared to the consensus estimate of $9.12 billion. Honeywell International had a return on equity of 32.01% and a net margin of 17.06%. The firm’s quarterly revenue was down 15.6% on a year-over-year basis. During the same quarter last year, the company earned $2.03 EPS. As a group, equities research analysts anticipate that Honeywell International Inc. will post 8.14 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $0.90 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, November 14th. This represents a $3.60 dividend on an annualized basis and a yield of 2.08%. Honeywell International’s payout ratio is presently 44.94%.

A number of equities analysts recently commented on the company. Citigroup upped their target price on Honeywell International from $189.00 to $197.00 and gave the company a “buy” rating in a report on Monday, September 9th. Zacks Investment Research upgraded Honeywell International from a “sell” rating to a “hold” rating and set a $174.00 target price for the company in a report on Monday, October 21st. ValuEngine downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. William Blair reiterated a “hold” rating on shares of Honeywell International in a report on Monday, November 25th. Finally, Deutsche Bank increased their price objective on Honeywell International from $189.00 to $199.00 and gave the stock a “buy” rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Honeywell International presently has an average rating of “Buy” and a consensus price target of $188.45.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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