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

Excalibur Management Corp boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,829 shares of the conglomerate’s stock after acquiring an additional 182 shares during the period. Excalibur Management Corp’s holdings in Honeywell International were worth $1,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HON. LGT Group Foundation acquired a new position in Honeywell International during the 1st quarter worth approximately $26,000. Scarborough Advisors LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $27,000. Richardson Capital Management LLC acquired a new position in Honeywell International during the 1st quarter worth approximately $35,000. Financial Connections Group Inc. acquired a new position in Honeywell International during the 2nd quarter worth approximately $38,000. Finally, Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.3 %

Shares of Honeywell International stock opened at $204.68 on Tuesday. The company has a market cap of $133.28 billion, a P/E ratio of 23.72, a PEG ratio of 2.32 and a beta of 1.03. 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 Inc. has a one year low of $174.88 and a one year high of $220.79. The firm has a fifty day moving average of $205.34 and a two-hundred day moving average of $203.36.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. The company had revenue of $9.58 billion during 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%. Honeywell International’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.23 EPS. On average, analysts forecast that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.11%. Honeywell International’s payout ratio is currently 50.06%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Wells Fargo & Company lowered their target price on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a report on Friday, July 26th. Morgan Stanley assumed coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price for the company. Citigroup upped their target price on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, June 4th. Finally, UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and upped their price target for the company from $175.00 to $215.00 in a research report on Monday, June 10th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $223.13.

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.