WINTON GROUP Ltd Decreases Stake in Honeywell International Inc. (NASDAQ:HON)

WINTON GROUP Ltd cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 70.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,035 shares of the conglomerate’s stock after selling 2,476 shares during the quarter. WINTON GROUP Ltd’s holdings in Honeywell International were worth $221,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its position in 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 buying an additional 1,746,759 shares during the last quarter. Northern Trust Corp increased its holdings 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 valued at $1,352,867,000 after purchasing an additional 17,591 shares in the last quarter. Capital Research Global Investors increased its holdings 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 valued at $698,312,000 after purchasing an additional 212,327 shares in the last quarter. Janus Henderson Group PLC increased its holdings 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 valued at $553,880,000 after purchasing an additional 202,358 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its stake in Honeywell International by 5.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,361,293 shares of the conglomerate’s stock valued at $484,655,000 after acquiring an additional 117,940 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Down 1.3 %

NASDAQ HON opened at $201.64 on Thursday. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $220.79. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. The business’s fifty day simple moving average is $204.96 and its 200-day simple moving average is $203.39. The firm has a market cap of $131.31 billion, a PE ratio of 23.37, a P/E/G ratio of 2.32 and a beta of 1.03.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data 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. The firm had revenue of $9.58 billion for 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%. Honeywell International’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.23 EPS. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently issued reports on HON. Wells Fargo & Company dropped their price target on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Friday, July 26th. Morgan Stanley started coverage on shares of Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target on the stock. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Royal Bank of Canada lowered their target price 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. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $223.13.

Honeywell International 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.