Neville Rodie & Shaw Inc. raised its holdings in Honeywell International Inc. (NYSE:HON) by 3.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,618 shares of the conglomerate’s stock after buying an additional 2,350 shares during the quarter. Honeywell International makes up approximately 1.2% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 23rd largest holding. Neville Rodie & Shaw Inc.’s holdings in Honeywell International were worth $10,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Fishman Jay A Ltd. MI lifted its stake in shares of Honeywell International by 3.8% in the fourth quarter. Fishman Jay A Ltd. MI now owns 38,440 shares of the conglomerate’s stock worth $5,079,000 after buying an additional 1,390 shares in the last quarter. Mark Sheptoff Financial Planning LLC lifted its position in Honeywell International by 0.9% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 14,305 shares of the conglomerate’s stock valued at $1,890,000 after purchasing an additional 126 shares during the period. TrinityPoint Wealth LLC bought a new position in Honeywell International during the fourth quarter valued at approximately $238,000. Bank of Nova Scotia lifted its position in Honeywell International by 2.4% during the fourth quarter. Bank of Nova Scotia now owns 313,603 shares of the conglomerate’s stock valued at $41,433,000 after purchasing an additional 7,495 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in Honeywell International by 3.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 213,769 shares of the conglomerate’s stock valued at $28,245,000 after purchasing an additional 7,776 shares during the period. Institutional investors own 75.69% of the company’s stock.
HON traded up $1.28 during trading on Tuesday, hitting $174.86. The company’s stock had a trading volume of 2,067,153 shares, compared to its average volume of 2,752,419. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 1.19. Honeywell International Inc. has a one year low of $123.48 and a one year high of $178.47. The stock has a market cap of $125.32 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.31 and a beta of 1.10. The stock has a 50 day moving average price of $173.91.
Honeywell International (NYSE:HON) last released its quarterly earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.08 by $0.02. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The business had revenue of $9.24 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same period last year, the firm earned $2.12 earnings per share. The company’s quarterly revenue was down 15.3% on a year-over-year basis. Analysts expect that Honeywell International Inc. will post 8.11 earnings per share for the current fiscal year.
A number of brokerages recently weighed in on HON. Credit Suisse Group set a $203.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group set a $102.00 price objective on shares of Genuine Parts and gave the company a “hold” rating in a research report on Friday. Morgan Stanley set a $620.00 price objective on shares of Intuitive Surgical and gave the company a “buy” rating in a research report on Friday. ValuEngine downgraded shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, Deutsche Bank increased their price target on shares of Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $182.21.
In other news, CEO Vimal Kapur sold 5,000 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $169.58, for a total value of $847,900.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.73% of the company’s stock.
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.
Further Reading: What is the price-to-earnings growth (PEG) ratio?
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