Dixon Hubard Feinour & Brown Inc. VA Has $302,000 Position in Honeywell International Inc. (NYSE:HON)

Dixon Hubard Feinour & Brown Inc. VA increased its stake in shares of Honeywell International Inc. (NYSE:HON) by 7.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,268 shares of the conglomerate’s stock after buying an additional 150 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Honeywell International were worth $302,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. NWQ Investment Management Company LLC acquired a new position in shares of Honeywell International during the fourth quarter worth about $266,000. Creative Planning increased its position in shares of Honeywell International by 3.9% in the first quarter. Creative Planning now owns 61,152 shares of the conglomerate’s stock worth $7,636,000 after buying an additional 2,323 shares during the period. Banco Santander S.A. acquired a new position in shares of Honeywell International during the fourth quarter worth about $1,514,000. FTB Advisors Inc. increased its position in shares of Honeywell International by 24.9% in the first quarter. FTB Advisors Inc. now owns 2,122 shares of the conglomerate’s stock worth $272,000 after buying an additional 423 shares during the period. Finally, Integrated Wealth Management increased its position in shares of Honeywell International by 5.2% in the first quarter. Integrated Wealth Management now owns 4,054 shares of the conglomerate’s stock worth $506,000 after buying an additional 201 shares during the period. 76.43% of the stock is owned by hedge funds and other institutional investors.

Shares of Honeywell International Inc. (HON) opened at 139.00 on Thursday. The firm has a market cap of $105.72 billion, a PE ratio of 21.55 and a beta of 0.94. The stock’s 50 day moving average price is $135.77 and its 200 day moving average price is $129.22. Honeywell International Inc. has a 12-month low of $105.25 and a 12-month high of $140.21.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.02. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. Honeywell International’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.70 earnings per share. On average, equities research analysts predict that Honeywell International Inc. will post $7.10 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be given a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Wednesday, August 16th. Honeywell International’s dividend payout ratio is currently 41.24%.

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A number of equities analysts have recently issued reports on HON shares. BidaskClub raised Honeywell International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Zacks Investment Research downgraded Honeywell International from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Oppenheimer Holdings, Inc. increased their target price on Honeywell International from $148.00 to $155.00 and gave the stock an “outperform” rating in a research note on Monday, July 24th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $139.00 price objective (up from $131.00) on shares of Honeywell International in a research note on Tuesday, July 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $141.00 price objective (up from $137.00) on shares of Honeywell International in a research note on Thursday, June 22nd. One investment analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $139.17.

In other news, Director Linnet F. Deily sold 4,344 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $138.47, for a total transaction of $601,513.68. Following the sale, the director now directly owns 9,753 shares of the company’s stock, valued at $1,350,497.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas A. Szlosek sold 803 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $137.02, for a total transaction of $110,027.06. Following the completion of the transaction, the chief financial officer now directly owns 5,702 shares in the company, valued at $781,288.04. The disclosure for this sale can be found here. Insiders have sold 473,229 shares of company stock valued at $64,546,642 in the last ninety days. 1.56% of the stock is owned by company insiders.

Honeywell International Company Profile

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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