Honeywell International Inc. (NASDAQ:HON) Stock Holdings Increased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 30.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,190 shares of the conglomerate’s stock after buying an additional 742 shares during the period. EverSource Wealth Advisors LLC’s holdings in Honeywell International were worth $653,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Cypress Wealth Services LLC grew its stake in shares of Honeywell International by 2.5% in the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after acquiring an additional 47 shares during the last quarter. Bard Financial Services Inc. grew its position in Honeywell International by 0.3% in the 2nd quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock worth $3,757,000 after purchasing an additional 50 shares during the last quarter. Quent Capital LLC increased its holdings in shares of Honeywell International by 3.0% during the 2nd quarter. Quent Capital LLC now owns 1,773 shares of the conglomerate’s stock worth $379,000 after purchasing an additional 51 shares during the period. Lansing Street Advisors raised its position 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 buying an additional 51 shares during the last quarter. Finally, Sivia Capital Partners LLC lifted its stake in shares of Honeywell International by 3.9% in the second quarter. Sivia Capital Partners LLC now owns 1,430 shares of the conglomerate’s stock valued at $305,000 after buying an additional 54 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the subject of several recent research reports. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target for the company. Royal Bank of Canada reduced their target price on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating for the company in a research report on Friday, July 26th. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Finally, Citigroup upped their target price on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. Six 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, Honeywell International currently has an average rating of “Hold” and a consensus price target of $223.13.

Honeywell International Trading Up 0.2 %

Shares of Honeywell International stock opened at $203.77 on Tuesday. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $220.79. The stock has a market capitalization of $132.69 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. The company has a 50-day simple moving average of $204.26 and a 200 day simple moving average of $203.49. 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 (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.07. The company had revenue of $9.58 billion during the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $2.23 earnings per share. Research analysts expect that Honeywell International Inc. will post 10.11 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date was Friday, August 16th. Honeywell International’s dividend payout ratio is currently 50.06%.

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.