Cable Hill Partners LLC boosted its stake in Honeywell International Inc. (NYSE:HON) by 72.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,915 shares of the company’s stock after buying an additional 806 shares during the period. Cable Hill Partners LLC’s holdings in Honeywell International were worth $221,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of HON. Covington Capital Management raised its stake in Honeywell International by 89.0% in the third quarter. Covington Capital Management now owns 30,840 shares of the company’s stock valued at $3,596,000 after buying an additional 14,521 shares in the last quarter. Sawtooth Solutions LLC raised its stake in Honeywell International by 7.1% in the third quarter. Sawtooth Solutions LLC now owns 3,306 shares of the company’s stock valued at $385,000 after buying an additional 219 shares in the last quarter. 1832 Asset Management L.P. raised its stake in Honeywell International by 9.4% in the third quarter. 1832 Asset Management L.P. now owns 1,832,212 shares of the company’s stock valued at $213,609,000 after buying an additional 157,470 shares in the last quarter. Boston Private Wealth LLC raised its stake in Honeywell International by 15.6% in the third quarter. Boston Private Wealth LLC now owns 123,893 shares of the company’s stock valued at $14,444,000 after buying an additional 16,682 shares in the last quarter. Finally, EP Wealth Advisors Inc. raised its stake in Honeywell International by 1.6% in the third quarter. EP Wealth Advisors Inc. now owns 81,300 shares of the company’s stock valued at $9,479,000 after buying an additional 1,302 shares in the last quarter. 76.17% of the stock is owned by institutional investors.
Honeywell International Inc. (NYSE:HON) opened at 121.85 on Monday. The company has a market cap of $92.90 billion, a PE ratio of 19.65 and a beta of 0.94. The company has a 50-day moving average price of $117.98 and a 200 day moving average price of $114.82. Honeywell International Inc. has a 52 week low of $101.25 and a 52 week high of $122.00.
Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, January 27th. The company reported $1.74 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.74. The company had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $10.15 billion. Honeywell International had a net margin of 12.07% and a return on equity of 26.79%. Honeywell International’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $1.58 earnings per share. On average, equities research analysts forecast that Honeywell International Inc. will post $7.04 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Shareholders of record on Friday, February 24th will be paid a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Wednesday, February 22nd. Honeywell International’s dividend payout ratio is currently 43.39%.
TRADEMARK VIOLATION NOTICE: “Honeywell International Inc. (HON) Shares Bought by Cable Hill Partners LLC” was posted by sleekmoney and is owned by of sleekmoney. If you are accessing this article on another website, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at http://sleekmoney.com/honeywell-international-inc-hon-shares-bought-by-cable-hill-partners-llc/1657674.html.
A number of equities analysts have recently weighed in on HON shares. Credit Suisse Group upped their price objective on Honeywell International from $112.00 to $115.00 and gave the stock a “neutral” rating in a research note on Monday, January 30th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $128.00 price objective on shares of Honeywell International in a research note on Saturday, December 17th. Vetr raised Honeywell International from a “buy” rating to a “strong-buy” rating and set a $132.24 price objective for the company in a research note on Wednesday, November 16th. Argus reaffirmed a “buy” rating on shares of Honeywell International in a research note on Monday, October 24th. Finally, Zacks Investment Research raised Honeywell International from a “sell” rating to a “hold” rating in a research note on Tuesday, January 31st. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $126.83.
In other Honeywell International news, Director Linnet F. Deily sold 1,690 shares of the stock in a transaction that occurred on Thursday, December 22nd. The shares were sold at an average price of $116.74, for a total transaction of $197,290.60. Following the transaction, the director now owns 4,269 shares of the company’s stock, valued at $498,363.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.83% of the company’s stock.
Honeywell International Company Profile
Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.
Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NYSE:HON).
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/honeywell-international-inc-hon-shares-bought-by-cable-hill-partners-llc/1657674.html
Receive News & Ratings for Honeywell International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.