WINTON GROUP Ltd Cuts Stock Position in Honeywell International Inc. (NASDAQ:HON)

WINTON GROUP Ltd cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 70.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,035 shares of the conglomerate’s stock after selling 2,476 shares during the period. WINTON GROUP Ltd’s holdings in Honeywell International were worth $221,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Connectus Wealth LLC boosted its holdings in Honeywell International by 2.2% in the fourth quarter. Connectus Wealth LLC now owns 224,661 shares of the conglomerate’s stock valued at $47,128,000 after purchasing an additional 4,789 shares in the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in Honeywell International in the fourth quarter valued at approximately $27,230,000. Trilogy Capital Inc. boosted its holdings in Honeywell International by 125.7% in the first quarter. Trilogy Capital Inc. now owns 2,422 shares of the conglomerate’s stock valued at $497,000 after purchasing an additional 1,349 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new position in Honeywell International in the first quarter valued at approximately $1,398,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Honeywell International in the first quarter valued at approximately $1,110,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Trading Down 1.3 %

NASDAQ:HON opened at $201.64 on Thursday. The stock has a fifty day moving average price of $204.96 and a two-hundred day moving average price of $203.39. The stock has a market capitalization of $131.31 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 2.32 and a beta of 1.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $220.79.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.07. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. Honeywell International’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.23 earnings per share. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.11 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were issued a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.14%. The ex-dividend date was Friday, August 16th. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HON. Wells Fargo & Company decreased their price objective on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a report on Friday, July 26th. Daiwa America raised Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and upped their price target for the stock from $175.00 to $215.00 in a research note on Monday, June 10th. Finally, Royal Bank of Canada cut their price target on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating for the company in a research note on Friday, July 26th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $223.13.

Honeywell International Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s 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 services.