Honeywell International Inc. (NASDAQ:HON) Shares Bought by Excalibur Management Corp

Excalibur Management Corp boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,829 shares of the conglomerate’s stock after buying an additional 182 shares during the quarter. Excalibur Management Corp’s holdings in Honeywell International were worth $1,031,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Group Foundation acquired a new stake in shares of Honeywell International in the first quarter valued at about $26,000. Scarborough Advisors LLC acquired a new position in Honeywell International during the fourth quarter worth about $27,000. Richardson Capital Management LLC acquired a new position in Honeywell International during the first quarter worth about $35,000. Financial Connections Group Inc. acquired a new position in Honeywell International during the second quarter worth about $38,000. Finally, Pathway Financial Advisers LLC acquired a new position in Honeywell International during the first quarter worth about $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $204.68 on Tuesday. The company’s 50 day simple moving average is $205.34 and its 200-day simple moving average is $203.36. The company has a market capitalization of $133.28 billion, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year 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.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. The business had revenue of $9.58 billion for the quarter, compared to the consensus estimate of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business’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 research analysts expect that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Announces Dividend

The firm 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. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend was Friday, August 16th. Honeywell International’s dividend payout ratio (DPR) is currently 50.06%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Morgan Stanley assumed coverage on shares of Honeywell International in a research report on Friday, September 6th. They set 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. Citigroup lifted their target price on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Finally, UBS Group raised shares of Honeywell International from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $175.00 to $215.00 in a research note on Monday, June 10th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average target price of $223.13.

Honeywell International Company 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.