Honeywell International Inc. (NASDAQ:HON) Stock Holdings Increased by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,590 shares of the conglomerate’s stock after buying an additional 2,570 shares during the quarter. Honeywell International comprises 2.3% of Mcdaniel Terry & Co.’s portfolio, making the stock its 19th largest position. Mcdaniel Terry & Co.’s holdings in Honeywell International were worth $28,028,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Cypress Wealth Services LLC grew its position in Honeywell International by 2.5% during the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after buying an additional 47 shares in the last quarter. Bard Financial Services Inc. grew its holdings in shares of Honeywell International by 0.3% during 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 in the last quarter. ZRC Wealth Management LLC increased its position in shares of Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 50 shares during the period. CFM Wealth Partners LLC raised its stake in shares of Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after purchasing an additional 50 shares in the last quarter. Finally, Quent Capital LLC lifted its position in Honeywell International by 3.0% in the second 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. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 5.1 %

HON opened at $209.10 on Friday. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $222.98. The stock has a market capitalization of $136.16 billion, a PE ratio of 24.23, a PEG ratio of 2.45 and a beta of 1.03. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average price of $206.99 and a two-hundred day moving average price of $205.30.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business had revenue of $9.58 billion during the quarter, compared to analyst estimates of $9.41 billion. During the same quarter last year, the business posted $2.23 earnings per share. Honeywell International’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.1 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.16%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is presently 52.38%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Bank of America reiterated a “neutral” rating and set a $230.00 target price (down from $250.00) on shares of Honeywell International in a research report on Thursday. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. JPMorgan Chase & Co. downgraded Honeywell International from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $225.00 to $235.00 in a research report on Thursday, October 10th. Morgan Stanley began coverage on Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target on the stock. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $214.00 price objective on shares of Honeywell International in a report on Thursday, September 26th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Honeywell International currently has an average rating of “Hold” and an average target price of $224.20.

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.