Honeywell International Inc. (NYSE:HON) is Harbour Capital Advisors LLC’s 8th Largest Position


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Harbour Capital Advisors LLC grew its holdings in shares of Honeywell International Inc. (NYSE:HON) by 10.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,955 shares of the conglomerate’s stock after purchasing an additional 2,598 shares during the period. Honeywell International makes up about 1.8% of Harbour Capital Advisors LLC’s portfolio, making the stock its 8th biggest holding. Harbour Capital Advisors LLC’s holdings in Honeywell International were worth $6,068,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of HON. Charles Schwab Trust Co increased its holdings in shares of Honeywell International by 3.8% in the fourth quarter. Charles Schwab Trust Co now owns 1,308 shares of the conglomerate’s stock valued at $278,000 after purchasing an additional 48 shares during the period. Triton Wealth Management PLLC increased its holdings in Honeywell International by 0.3% in the 4th quarter. Triton Wealth Management PLLC now owns 14,497 shares of the conglomerate’s stock worth $3,022,000 after buying an additional 50 shares during the period. Blue Bell Private Wealth Management LLC raised its position in Honeywell International by 3.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,540 shares of the conglomerate’s stock worth $330,000 after buying an additional 50 shares during the last quarter. Trust Co of Kansas lifted its stake in Honeywell International by 2.1% during the 4th quarter. Trust Co of Kansas now owns 2,380 shares of the conglomerate’s stock valued at $506,000 after acquiring an additional 50 shares during the period. Finally, Symmetry Partners LLC boosted its holdings in shares of Honeywell International by 0.7% in the 4th quarter. Symmetry Partners LLC now owns 6,841 shares of the conglomerate’s stock valued at $1,455,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.97% of the company’s stock.

NYSE HON traded up $0.57 on Tuesday, reaching $229.17. The stock had a trading volume of 26,455 shares, compared to its average volume of 2,808,331. The firm has a market capitalization of $159.39 billion, a price-to-earnings ratio of 32.80, a P/E/G ratio of 3.41 and a beta of 1.13. The company has a quick ratio of 1.37, a current ratio of 1.64 and a debt-to-equity ratio of 0.97. Honeywell International Inc. has a 12-month low of $117.11 and a 12-month high of $229.23. The stock has a fifty day moving average price of $212.75 and a two-hundred day moving average price of $200.03.

Honeywell International (NYSE:HON) last announced its earnings results on Thursday, January 28th. The conglomerate reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.07. The company had revenue of $8.90 billion for the quarter, compared to analyst estimates of $8.39 billion. Honeywell International had a return on equity of 27.69% and a net margin of 14.99%. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.06 earnings per share. Sell-side analysts forecast that Honeywell International Inc. will post 7.03 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 12th. Stockholders of record on Friday, February 26th were given a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Thursday, February 25th. Honeywell International’s dividend payout ratio is currently 45.59%.

A number of research firms recently issued reports on HON. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the company from $222.00 to $244.00 in a research report on Thursday, April 8th. Argus increased their price target on Honeywell International from $195.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, February 1st. Royal Bank of Canada increased their price target on Honeywell International from $194.00 to $199.00 and gave the stock a “sector perform” rating in a research report on Monday, February 1st. JPMorgan Chase & Co. increased their price target on Honeywell International from $200.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Morgan Stanley increased their price target on Honeywell International from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, March 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $208.67.

About Honeywell International

Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions for homes, business and transportation.

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

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