Honeywell International Inc. (HON) Position Lifted by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. increased its stake in Honeywell International Inc. (NYSE:HON) by 0.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,009 shares of the conglomerate’s stock after purchasing an additional 27 shares during the period. Honeywell International makes up 1.6% of TCI Wealth Advisors Inc.’s holdings, making the stock its 16th biggest holding. TCI Wealth Advisors Inc.’s holdings in Honeywell International were worth $3,067,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Toronto Dominion Bank boosted its stake in Honeywell International by 55.3% in the first quarter. Toronto Dominion Bank now owns 208,015 shares of the conglomerate’s stock valued at $25,972,000 after buying an additional 74,037 shares in the last quarter. Scout Investments Inc. acquired a new stake in Honeywell International in the first quarter valued at about $309,000. Warren Averett Asset Management LLC acquired a new stake in Honeywell International in the first quarter valued at about $743,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Honeywell International in the first quarter valued at about $287,000. Finally, Marble Harbor Investment Counsel LLC acquired a new stake in Honeywell International in the first quarter valued at about $213,000. Institutional investors own 75.20% of the company’s stock.

Several research firms recently weighed in on HON. Cowen Inc reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Honeywell International in a research note on Tuesday, October 10th. Vertical Research reaffirmed a “buy” rating on shares of Honeywell International in a research note on Friday, October 20th. Citigroup Inc. lifted their price target on Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, October 9th. Jefferies Group LLC reissued a “buy” rating and set a $155.00 price target on shares of Honeywell International in a research note on Tuesday, August 22nd. Finally, Royal Bank Of Canada set a $148.00 price target on Honeywell International and gave the company a “buy” rating in a research note on Sunday, August 27th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company. Honeywell International presently has an average rating of “Buy” and a consensus price target of $150.79.

Honeywell International Inc. (NYSE HON) traded up $0.67 during trading on Monday, hitting $149.66. The company had a trading volume of 1,196,200 shares, compared to its average volume of 2,690,883. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35. The firm has a market capitalization of $114,010.00, a price-to-earnings ratio of 21.53, a P/E/G ratio of 2.30 and a beta of 0.97. Honeywell International Inc. has a one year low of $112.17 and a one year high of $150.43.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.75. The company had revenue of $10.12 billion for the quarter, compared to analyst estimates of $10.05 billion. Honeywell International had a return on equity of 26.26% and a net margin of 12.85%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 earnings per share. analysts predict that Honeywell International Inc. will post 7.06 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be paid a $0.745 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, November 16th. Honeywell International’s payout ratio is currently 45.15%.

In related news, VP Krishna Mikkilineni sold 13,074 shares of Honeywell International stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $145.12, for a total value of $1,897,298.88. Following the transaction, the vice president now directly owns 104,998 shares of the company’s stock, valued at $15,237,309.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Bradley T. Sheares sold 1,328 shares of Honeywell International stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total value of $194,432.48. Following the completion of the transaction, the director now directly owns 4,002 shares in the company, valued at $585,932.82. The disclosure for this sale can be found here. 1.56% of the stock is owned by insiders.

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Honeywell International Company Profile

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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