Ameritas Investment Partners Inc. Has $8.18 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Ameritas Investment Partners Inc. trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,286 shares of the conglomerate’s stock after selling 376 shares during the period. Ameritas Investment Partners Inc.’s holdings in Honeywell International were worth $8,176,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HON. Price T Rowe Associates Inc. MD lifted its position in Honeywell International by 22.3% in 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 in the last quarter. Northern Trust Corp raised its holdings in shares of Honeywell International by 0.3% during the fourth quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock worth $1,352,867,000 after acquiring an additional 17,591 shares in the last quarter. Capital Research Global Investors boosted its position in Honeywell International by 6.7% during the first 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 during the last quarter. Dimensional Fund Advisors LP increased its position in Honeywell International by 12.4% in 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 last quarter. Finally, Janus Henderson Group PLC raised 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 in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Down 0.2 %

Honeywell International stock opened at $203.35 on Friday. 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. The firm has a market capitalization of $132.42 billion, a PE ratio of 23.56, a PEG ratio of 2.32 and a beta of 1.03. The business’s 50-day simple moving average is $204.50 and its 200-day simple moving average is $203.42.

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

Honeywell International Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Royal Bank of Canada dropped their price target 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. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Wells Fargo & Company cut their target price on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Friday, July 26th. Finally, UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and upped their price target for the stock from $175.00 to $215.00 in a research note on Monday, June 10th. 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.com, Honeywell International presently has a consensus rating of “Hold” and an average target price 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.