Honeywell International Inc. (HON) Holdings Raised by Usca Ria LLC

Usca Ria LLC boosted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 8.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,703 shares of the conglomerate’s stock after purchasing an additional 506 shares during the period. Usca Ria LLC’s holdings in Honeywell International were worth $1,115,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CX Institutional bought a new position in shares of Honeywell International in the 2nd quarter valued at $100,000. Jolley Asset Management LLC bought a new position in shares of Honeywell International in the 2nd quarter valued at $104,000. Welch Group LLC acquired a new stake in Honeywell International in the third quarter valued at $108,000. Fort L.P. acquired a new stake in Honeywell International in the second quarter valued at $118,000. Finally, Kiley Juergens Wealth Management LLC acquired a new stake in Honeywell International in the second quarter valued at $125,000. Hedge funds and other institutional investors own 71.42% of the company’s stock.

Shares of Honeywell International stock opened at $150.55 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.49 and a quick ratio of 1.20. Honeywell International Inc. has a 1-year low of $139.30 and a 1-year high of $167.72. The stock has a market cap of $109.90 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 1.90 and a beta of 1.04.

Honeywell International (NYSE:HON) last issued its earnings results on Friday, October 19th. The conglomerate reported $2.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.99 by $0.04. The company had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.75 billion. Honeywell International had a return on equity of 33.69% and a net margin of 6.13%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $1.75 EPS. On average, sell-side analysts forecast that Honeywell International Inc. will post 7.98 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be paid a $0.82 dividend. The ex-dividend date is Thursday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $0.75. This represents a $3.28 annualized dividend and a dividend yield of 2.18%. Honeywell International’s dividend payout ratio (DPR) is currently 41.91%.

A number of analysts recently weighed in on the company. MED assumed coverage on Honeywell International in a report on Thursday, July 12th. They issued a “buy” rating and a $166.00 price objective for the company. Barclays increased their price target on Honeywell International from $176.00 to $178.00 and gave the stock an “overweight” rating in a report on Friday, August 24th. ValuEngine upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Tuesday, July 31st. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a report on Tuesday, July 31st. Finally, Citigroup increased their price target on Honeywell International from $191.00 to $196.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have issued a buy rating to the company. Honeywell International currently has an average rating of “Buy” and a consensus target price of $172.90.

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About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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

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