BRYN MAWR TRUST Co increased its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 0.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,605 shares of the conglomerate’s stock after purchasing an additional 571 shares during the quarter. Honeywell International makes up approximately 0.9% of BRYN MAWR TRUST Co’s holdings, making the stock its 26th biggest holding. BRYN MAWR TRUST Co’s holdings in Honeywell International were worth $21,138,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its holdings in Honeywell International by 101,603.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock worth $1,223,139,000 after acquiring an additional 5,701,989 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Honeywell International by 107.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,843,135 shares of the conglomerate’s stock valued at $1,037,884,000 after purchasing an additional 2,505,534 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Honeywell International in the 1st quarter valued at about $349,081,000. Two Sigma Advisers LP boosted its stake in shares of Honeywell International by 367.4% in the 1st quarter. Two Sigma Advisers LP now owns 1,985,500 shares of the conglomerate’s stock valued at $379,469,000 after purchasing an additional 1,560,700 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Honeywell International by 103.3% in the 4th quarter. Barclays PLC now owns 2,164,970 shares of the conglomerate’s stock valued at $463,954,000 after purchasing an additional 1,100,242 shares during the last quarter. Institutional investors and hedge funds own 74.61% of the company’s stock.
Honeywell International Stock Up 0.5 %
HON stock traded up $0.99 during mid-day trading on Monday, hitting $185.51. 253,825 shares of the company were exchanged, compared to its average volume of 2,743,857. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.41. The firm has a market cap of $123.17 billion, a P/E ratio of 22.90, a P/E/G ratio of 2.24 and a beta of 1.07. The firm’s 50 day simple moving average is $193.67 and its 200 day simple moving average is $195.31. Honeywell International Inc. has a 1-year low of $166.63 and a 1-year high of $220.96.
Honeywell International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 11th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.22%. Honeywell International’s dividend payout ratio (DPR) is presently 50.99%.
Analysts Set New Price Targets
Several brokerages have recently issued reports on HON. UBS Group reduced their target price on shares of Honeywell International from $185.00 to $180.00 and set a “sell” rating on the stock in a research note on Friday, July 28th. Morgan Stanley lifted their price objective on shares of Honeywell International from $219.00 to $221.00 in a research note on Friday, July 28th. Finally, StockNews.com initiated coverage on shares of Honeywell International in a research note on Monday, August 21st. They set a “hold” rating on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $215.07.
About Honeywell International
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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 and management services.
- Five stocks we like better than Honeywell International
- How to Effectively Use the MarketBeat Ratings Screener
- Oil Jumps, 2 Plastic Stocks About To Become Value Plays
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- The Top 5 Analysts Calls in September
- What Are Dividend Contenders? Investing in Dividend Contenders
- These are the Top 3 Sectors for 3rd Quarter Profit Growth
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.