Haverford Financial Services Inc. Acquires 11,143 Shares of Honeywell International Inc. (NASDAQ:HON)

Haverford Financial Services Inc. increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 20.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,283 shares of the conglomerate’s stock after buying an additional 11,143 shares during the quarter. Honeywell International comprises approximately 4.2% of Haverford Financial Services Inc.’s investment portfolio, making the stock its 5th largest holding. Haverford Financial Services Inc.’s holdings in Honeywell International were worth $13,941,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of HON. Price T Rowe Associates Inc. MD grew its stake in shares of Honeywell International by 22.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares during the period. Northern Trust Corp grew its stake in shares of Honeywell International by 0.3% during the 4th quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock worth $1,352,867,000 after purchasing an additional 17,591 shares during the period. Capital Research Global Investors grew its stake in shares of Honeywell International by 6.7% during the 1st quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock worth $698,312,000 after purchasing an additional 212,327 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Honeywell International by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after purchasing an additional 325,272 shares during the period. Finally, Janus Henderson Group PLC grew its stake in shares of Honeywell International by 8.1% during the 1st quarter. Janus Henderson Group PLC now owns 2,698,596 shares of the conglomerate’s stock worth $553,880,000 after purchasing an additional 202,358 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 1.3 %

Shares of HON stock opened at $201.64 on Thursday. The stock’s fifty day moving average is $204.96 and its two-hundred day moving average is $203.39. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. The firm has a market capitalization of $131.31 billion, a P/E ratio of 23.37, a PEG ratio of 2.32 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $220.79.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.23 EPS. Research analysts expect that Honeywell International Inc. will post 10.11 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 16th were issued a dividend of $1.08 per share. The ex-dividend date was Friday, August 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.14%. Honeywell International’s dividend payout ratio is presently 50.06%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on HON shares. Royal Bank of Canada dropped their price objective on shares of Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research note on Friday, July 26th. Wells Fargo & Company decreased their target price on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Friday, July 26th. Daiwa America upgraded Honeywell International to a “moderate buy” rating in a research report on Wednesday, June 5th. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and increased their target price for the company from $175.00 to $215.00 in a research report on Monday, June 10th. Finally, Citigroup increased their target price on Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday, June 4th. Six 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.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $223.13.

Honeywell International Company Profile

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.