Honeywell International Inc. (NASDAQ:HON) Shares Sold by Exeter Financial LLC

Exeter Financial LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,092 shares of the conglomerate’s stock after selling 95 shares during the quarter. Exeter Financial LLC’s holdings in Honeywell International were worth $433,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. XML Financial LLC raised its position in Honeywell International by 6.2% in the fourth quarter. XML Financial LLC now owns 5,683 shares of the conglomerate’s stock worth $1,192,000 after acquiring an additional 333 shares in the last quarter. Symmetry Investments LP bought a new stake in Honeywell International in the fourth quarter worth about $384,000. Mmbg Investment Advisors CO. raised its position in Honeywell International by 11.9% in the fourth quarter. Mmbg Investment Advisors CO. now owns 30,031 shares of the conglomerate’s stock worth $6,298,000 after acquiring an additional 3,190 shares in the last quarter. MGO One Seven LLC raised its position in Honeywell International by 8.3% in the fourth quarter. MGO One Seven LLC now owns 7,594 shares of the conglomerate’s stock worth $1,593,000 after acquiring an additional 581 shares in the last quarter. Finally, Greystone Financial Group LLC raised its position in Honeywell International by 0.6% in the fourth quarter. Greystone Financial Group LLC now owns 27,044 shares of the conglomerate’s stock worth $5,671,000 after acquiring an additional 172 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of several recent analyst reports. Royal Bank of Canada restated a “sector perform” rating and set a $214.00 price objective on shares of Honeywell International in a report on Thursday, September 26th. Wells Fargo & Company cut their price objective on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a report on Monday. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective on the stock. Finally, UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and lifted their target price for the company from $175.00 to $215.00 in a research note on Monday, June 10th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $222.13.

Honeywell International Trading Down 0.2 %

Shares of NASDAQ HON opened at $203.33 on Tuesday. The stock has a market cap of $132.41 billion, a price-to-earnings ratio of 23.56, a PEG ratio of 2.32 and a beta of 1.03. The business has a 50 day simple moving average of $202.78 and a 200 day simple moving average of $203.91. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $220.79. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating the consensus estimate of $2.42 by $0.07. The business had revenue of $9.58 billion during the quarter, compared to analysts’ expectations of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.23 EPS. On average, research analysts predict that Honeywell International Inc. will post 10.11 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.22%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is presently 52.38%.

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.