Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Sawyer & Company Inc

Sawyer & Company Inc lifted its position in Honeywell International Inc. (NASDAQ:HON) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,321 shares of the conglomerate’s stock after acquiring an additional 172 shares during the period. Honeywell International accounts for 1.6% of Sawyer & Company Inc’s holdings, making the stock its 21st largest position. Sawyer & Company Inc’s holdings in Honeywell International were worth $4,201,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Cypress Wealth Services LLC raised its position in Honeywell International by 2.5% in the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock valued at $417,000 after purchasing an additional 47 shares during the period. Bard Financial Services Inc. grew its stake in shares of Honeywell International by 0.3% during the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after acquiring an additional 50 shares in the last quarter. ZRC Wealth Management LLC grew its stake in shares of Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after acquiring an additional 50 shares in the last quarter. Quent Capital LLC grew its stake in shares of Honeywell International by 3.0% during the second quarter. Quent Capital LLC now owns 1,773 shares of the conglomerate’s stock valued at $379,000 after acquiring an additional 51 shares in the last quarter. Finally, Lansing Street Advisors grew its stake 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 acquiring an additional 51 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Price Performance

HON traded up $2.39 during trading on Friday, reaching $215.99. The stock had a trading volume of 3,809,522 shares, compared to its average volume of 2,831,241. The firm has a market capitalization of $140.65 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $220.79. The stock has a 50 day moving average of $203.51 and a two-hundred day moving average of $204.24.

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, beating the consensus estimate of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The company had revenue of $9.58 billion for the quarter, compared to analysts’ expectations of $9.41 billion. During the same quarter in the prior year, the company earned $2.23 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.1 EPS for the current fiscal year.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s payout ratio is 52.38%.

Wall Street Analyst Weigh In

HON has been the subject of a number of research reports. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. JPMorgan Chase & Co. downgraded Honeywell International from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $225.00 to $235.00 in a research note on Thursday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $214.00 price target on shares of Honeywell International in a research note on Thursday, September 26th. Wells Fargo & Company decreased their price target on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating for the company in a research note on Monday, October 7th. Finally, Morgan Stanley assumed coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $223.56.

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.