Honeywell International Inc. (HON) Shares Sold by Camarda Financial Advisors LLC
Camarda Financial Advisors LLC lessened its position in Honeywell International Inc. (NYSE:HON) by 7.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,812 shares of the conglomerate’s stock after selling 363 shares during the quarter. Camarda Financial Advisors LLC’s holdings in Honeywell International were worth $641,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Hanson McClain Inc. lifted its stake in Honeywell International by 0.4% during the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 3 shares during the last quarter. MCF Advisors LLC boosted its holdings in shares of Honeywell International by 55.8% in the 1st quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock worth $117,000 after purchasing an additional 335 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of Honeywell International by 56.7% in the 1st quarter. Proficio Capital Partners LLC now owns 940 shares of the conglomerate’s stock worth $124,000 after purchasing an additional 340 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Honeywell International by 12.6% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,112 shares of the conglomerate’s stock worth $138,000 after purchasing an additional 124 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of Honeywell International by 30.2% in the 1st quarter. Assetmark Inc. now owns 1,225 shares of the conglomerate’s stock worth $153,000 after purchasing an additional 284 shares in the last quarter. 75.77% of the stock is currently owned by institutional investors and hedge funds.
In other Honeywell International news, insider Timothy O. Mahoney sold 341,701 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $138.08, for a total transaction of $47,182,074.08. Following the transaction, the insider now directly owns 294,155 shares in the company, valued at approximately $40,616,922.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Jennifer H. Mak sold 420 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $136.66, for a total transaction of $57,397.20. Following the transaction, the vice president now owns 1,363 shares in the company, valued at $186,267.58. The disclosure for this sale can be found here. Insiders sold 354,108 shares of company stock valued at $48,886,463 over the last 90 days. 1.56% of the stock is currently owned by corporate insiders.
Honeywell International Inc. (NYSE:HON) traded down 0.16% during trading on Tuesday, hitting $142.43. The stock had a trading volume of 1,095,745 shares. The stock has a market cap of $108.33 billion, a price-to-earnings ratio of 22.09 and a beta of 0.95. The stock has a 50 day moving average price of $138.20 and a 200-day moving average price of $133.35. Honeywell International Inc. has a 12 month low of $105.25 and a 12 month high of $143.15. Honeywell International also was the target of some unusual options trading on Monday. Stock investors acquired 4,975 put options on the company. This is an increase of 394% compared to the typical volume of 1,008 put options.
Honeywell International (NYSE:HON) last issued its earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.02. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. During the same period in the prior year, the business earned $1.70 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities analysts predict that Honeywell International Inc. will post $7.09 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.745 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.98 annualized dividend and a dividend yield of 2.09%. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio (DPR) is currently 41.24%.
A number of research firms recently weighed in on HON. Cowen and Company restated a “buy” rating and issued a $140.00 target price on shares of Honeywell International in a research report on Monday, July 17th. Oppenheimer Holdings, Inc. increased their price target on shares of Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research report on Monday, July 24th. HSBC Holdings plc started coverage on shares of Honeywell International in a research report on Wednesday, June 21st. They set a “buy” rating and a $147.00 price target on the stock. BidaskClub raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, August 6th. Finally, Royal Bank Of Canada set a $148.00 price target on shares of Honeywell International and gave the stock a “buy” rating in a research note on Sunday, August 27th. One research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $142.22.
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About Honeywell International
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.
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