First Hawaiian Bank Purchases 109 Shares of Honeywell International Inc. (NASDAQ:HON)

First Hawaiian Bank boosted its position in Honeywell International Inc. (NASDAQ:HON) by 1.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,126 shares of the conglomerate’s stock after acquiring an additional 109 shares during the period. First Hawaiian Bank’s holdings in Honeywell International were worth $1,686,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC boosted its stake in shares of 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 valued at $1,223,139,000 after purchasing an additional 5,701,989 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Honeywell International by 107.2% during 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 in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Honeywell International during the 1st quarter valued at about $349,081,000. Two Sigma Advisers LP boosted its stake in shares of Honeywell International by 367.4% during 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 in the last quarter. Finally, Barclays PLC boosted its stake in shares of Honeywell International by 103.3% during 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 in the last quarter. Institutional investors own 74.61% of the company’s stock.

Honeywell International Stock Down 0.3 %

Shares of HON stock opened at $193.04 on Friday. The company has a 50 day simple moving average of $192.20 and a two-hundred day simple moving average of $195.36. The stock has a market cap of $128.17 billion, a P/E ratio of 23.89, a P/E/G ratio of 2.33 and a beta of 1.07. Honeywell International Inc. has a 12 month low of $166.63 and a 12 month high of $220.96. The company has a current ratio of 1.41, a quick ratio of 1.07 and a debt-to-equity ratio of 0.98.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, July 27th. The conglomerate reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.03. Honeywell International had a return on equity of 34.46% and a net margin of 15.08%. The business had revenue of $9.10 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the company posted $2.10 earnings per share. Honeywell International’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, research analysts expect that Honeywell International Inc. will post 9.16 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 11th were paid 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 yield of 2.13%. Honeywell International’s payout ratio is presently 50.99%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of Honeywell International from $219.00 to $221.00 in a research report on Friday, July 28th. UBS Group lowered their price target on shares of Honeywell International from $185.00 to $180.00 and set a “sell” rating for the company in a research report on Friday, July 28th. Finally, StockNews.com assumed coverage on shares of Honeywell International in a research report on Monday, August 21st. They set a “hold” rating for the company. 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 company. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $215.07.

Honeywell International Company Profile

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.