We Are One Seven LLC Reduces Holdings in Honeywell International Inc. (NYSE:HON)

We Are One Seven LLC lowered its position in shares of Honeywell International Inc. (NYSE:HON) by 6.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,216 shares of the conglomerate’s stock after selling 271 shares during the period. We Are One Seven LLC’s holdings in Honeywell International were worth $736,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Fishman Jay A Ltd. MI grew its position in Honeywell International by 3.8% during the fourth quarter. Fishman Jay A Ltd. MI now owns 38,440 shares of the conglomerate’s stock valued at $5,079,000 after buying an additional 1,390 shares during the period. Resources Investment Advisors Inc. grew its position in Honeywell International by 7.1% during the fourth quarter. Resources Investment Advisors Inc. now owns 3,062 shares of the conglomerate’s stock valued at $405,000 after buying an additional 204 shares during the period. Nomura Asset Management Co. Ltd. grew its position in Honeywell International by 2.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 780,335 shares of the conglomerate’s stock valued at $103,097,000 after buying an additional 18,551 shares during the period. Bessemer Group Inc. grew its position in Honeywell International by 35.6% during the fourth quarter. Bessemer Group Inc. now owns 14,697 shares of the conglomerate’s stock valued at $1,943,000 after buying an additional 3,859 shares during the period. Finally, Vickerman & Driscoll Financial Advisors Inc. grew its position in Honeywell International by 16.2% during the fourth quarter. Vickerman & Driscoll Financial Advisors Inc. now owns 11,035 shares of the conglomerate’s stock valued at $1,458,000 after buying an additional 1,539 shares during the period. Institutional investors own 76.86% of the company’s stock.

Several analysts recently commented on the stock. Credit Suisse Group set a $203.00 price target on shares of Union Pacific and gave the company a “buy” rating in a research report on Friday, July 19th. Morgan Stanley set a $620.00 price target on shares of Intuitive Surgical and gave the company a “buy” rating in a research report on Friday, July 19th. Citigroup set a $317.00 price target on shares of Mastercard and gave the company a “buy” rating in a research report on Friday, July 19th. Deutsche Bank lifted their target price on shares of Keysight Technologies from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Finally, Royal Bank of Canada set a $311.00 target price on shares of UnitedHealth Group and gave the company a “buy” rating in a research report on Friday, July 19th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $183.15.

In related news, CEO Vimal Kapur sold 5,000 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $169.58, for a total transaction of $847,900.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.73% of the company’s stock.

HON traded down $0.19 on Tuesday, reaching $174.35. 599,082 shares of the company’s stock were exchanged, compared to its average volume of 2,027,155. The firm has a market capitalization of $124.91 billion, a PE ratio of 21.77, a PEG ratio of 2.31 and a beta of 1.10. Honeywell International Inc. has a twelve month low of $123.48 and a twelve month high of $178.47. The business has a fifty day moving average price of $174.45. The company has a current ratio of 1.19, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.02. The firm had revenue of $9.24 billion for the quarter, compared to analyst estimates of $9.37 billion. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. Honeywell International’s quarterly revenue was down 15.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.12 earnings per share. Analysts expect that Honeywell International Inc. will post 8.1 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 16th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.28 dividend on an annualized basis and a yield of 1.88%. Honeywell International’s payout ratio is presently 40.95%.

Honeywell International 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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