Honeywell International Inc. (NASDAQ:HON) Shares Sold by Romano Brothers AND Company

Romano Brothers AND Company cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,110 shares of the conglomerate’s stock after selling 371 shares during the period. Honeywell International comprises about 0.8% of Romano Brothers AND Company’s holdings, making the stock its 27th largest position. Romano Brothers AND Company’s holdings in Honeywell International were worth $5,625,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HON. Ironwood Wealth Management LLC. grew its position in shares of Honeywell International by 2.9% in the first quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock valued at $700,000 after purchasing an additional 100 shares during the period. Fairfield Bush & CO. lifted its holdings in shares of Honeywell International by 5.4% during the 1st quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock worth $1,864,000 after acquiring an additional 492 shares during the period. United Bank lifted its holdings in shares of Honeywell International by 25.0% during the 1st quarter. United Bank now owns 8,404 shares of the conglomerate’s stock worth $1,635,000 after acquiring an additional 1,683 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Honeywell International by 31.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock valued at $151,949,000 after purchasing an additional 187,936 shares during the period. Finally, AMI Investment Management Inc. grew its holdings in Honeywell International by 16.8% in the first quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock valued at $224,000 after purchasing an additional 165 shares during the period. 74.61% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Down 0.2 %

Shares of HON stock traded down $0.35 during trading hours on Tuesday, hitting $194.11. 906,380 shares of the company were exchanged, compared to its average volume of 2,783,202. The stock has a market capitalization of $128.88 billion, a price-to-earnings ratio of 24.07, a P/E/G ratio of 2.35 and a beta of 1.07. Honeywell International Inc. has a one year low of $166.63 and a one year high of $220.96. The business’s 50-day simple moving average is $191.94 and its two-hundred day simple moving average is $195.48. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.41.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 27th. The conglomerate reported $2.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $9.17 billion. During the same period in the previous year, the business earned $2.10 EPS. The business’s quarterly revenue was up 1.6% on a year-over-year basis. Sell-side analysts predict that Honeywell International Inc. will post 9.16 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced 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 was Thursday, August 10th. This represents a $4.12 dividend on an annualized basis and a yield of 2.12%. Honeywell International’s payout ratio is currently 50.99%.

Analyst Ratings Changes

HON has been the subject of a number of research analyst reports. 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. Morgan Stanley lifted their target price on shares of Honeywell International from $219.00 to $221.00 in a report on Friday, July 28th. Finally, UBS Group lowered their price target on Honeywell International from $185.00 to $180.00 and set a “sell” rating for the company in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target 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.