First National Bank of Omaha bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 21,310 shares of the conglomerate’s stock, valued at approximately $4,486,000.
Several other large investors also recently made changes to their positions in HON. Howard Hughes Medical Institute bought a new position in shares of Honeywell International in the second quarter worth $33,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 118 shares during the period. Cedar Mountain Advisors LLC grew its position in Honeywell International by 116.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in Honeywell International by 833.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock valued at $35,000 after buying an additional 150 shares during the period. Finally, Cloud Capital Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 75.91% of the company’s stock.
Insider Transactions at Honeywell International
In other news, VP Robert D. Mailloux sold 10,549 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $229.00, for a total value of $2,415,721.00. Following the sale, the vice president directly owned 4,803 shares in the company, valued at approximately $1,099,887. This represents a 68.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.41% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Honeywell International
Honeywell International Price Performance
Shares of HON opened at $242.65 on Wednesday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.05 and a current ratio of 1.32. The firm has a market cap of $154.06 billion, a PE ratio of 30.37, a PEG ratio of 3.50 and a beta of 0.94. The firm’s 50 day moving average price is $213.74 and its 200 day moving average price is $209.46. Honeywell International Inc. has a twelve month low of $169.21 and a twelve month high of $245.63.
Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The business had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. Honeywell International’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.47 earnings per share. As a group, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.
Honeywell International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a $1.19 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a yield of 2.0%. Honeywell International’s payout ratio is presently 59.57%.
Honeywell International Profile
Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.
Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.
See Also
- Five stocks we like better than Honeywell International
- Energy Security Is Now National Security – Positioning Is Happening Now
- The gold chart Wall Street is terrified of…
- The “Bomb” in America’s Basement
- Unlocked: Elon Musk’s Next Big IPO
- Your Bank Account Is No Longer Safe
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. (NASDAQ:HON – Free Report).
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.
