KFA Private Wealth Group LLC Has $585,000 Position in Honeywell International Inc. (NASDAQ:HON)

KFA Private Wealth Group LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,740 shares of the conglomerate’s stock after acquiring an additional 100 shares during the period. KFA Private Wealth Group LLC’s holdings in Honeywell International were worth $585,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its stake in shares of 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 valued at $1,967,880,000 after purchasing an additional 1,746,759 shares in the last quarter. Northern Trust Corp boosted its position in Honeywell International by 0.3% in the fourth quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock valued at $1,352,867,000 after buying an additional 17,591 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Honeywell International by 6.7% during the first quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock worth $698,312,000 after buying an additional 212,327 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Honeywell International by 8.1% during the first quarter. Janus Henderson Group PLC now owns 2,698,596 shares of the conglomerate’s stock worth $553,880,000 after buying an additional 202,358 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its stake in shares of Honeywell International by 5.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,361,293 shares of the conglomerate’s stock valued at $484,655,000 after acquiring an additional 117,940 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on HON shares. Royal Bank of Canada reduced their price objective on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research report on Friday, July 26th. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $175.00 to $215.00 in a report on Monday, June 10th. Morgan Stanley initiated coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective for the company. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $223.13.

Honeywell International Trading Down 0.1 %

HON opened at $200.95 on Wednesday. The stock has a market cap of $130.55 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79. The company has a fifty day moving average of $205.97 and a 200-day moving average of $203.19.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 earnings per share 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 firm had revenue of $9.58 billion during the quarter, compared to analyst estimates of $9.41 billion. During the same period last year, the company posted $2.23 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts predict that Honeywell International Inc. will post 10.12 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 16th were given a dividend of $1.08 per share. The ex-dividend date was Friday, August 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.15%. Honeywell International’s payout ratio is presently 50.06%.

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.