1,069 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,069 shares of the conglomerate’s stock, valued at approximately $228,000.

Several other large investors also recently made changes to their positions in the business. LGT Group Foundation purchased a new position in Honeywell International in the 1st quarter worth about $26,000. Scarborough Advisors LLC purchased a new stake in shares of Honeywell International in the 4th quarter valued at approximately $27,000. Richardson Capital Management LLC acquired a new position in Honeywell International in the 1st quarter worth approximately $35,000. Financial Connections Group Inc. purchased a new position in Honeywell International during the 2nd quarter worth approximately $38,000. Finally, Pathway Financial Advisers LLC acquired a new stake in Honeywell International during the 1st quarter valued at $39,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $198.13 on Friday. The firm has a market cap of $129.02 billion, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 2.37 and a beta of 1.04. The company’s fifty day moving average is $206.41 and its 200-day moving average is $203.13. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $220.79.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping the consensus estimate of $2.42 by $0.07. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The firm had revenue of $9.58 billion for the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the prior year, the business posted $2.23 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts expect that Honeywell International Inc. will post 10.12 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 16th were issued a $1.08 dividend. The ex-dividend date was Friday, August 16th. This represents a $4.32 annualized dividend and a yield of 2.18%. Honeywell International’s dividend payout ratio (DPR) is currently 50.06%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HON shares. Daiwa America raised Honeywell International to a “moderate buy” rating in a research report on Wednesday, June 5th. Royal Bank of Canada decreased their price objective on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating for the company in a research report on Friday, July 26th. UBS Group raised shares of Honeywell International from a “sell” rating to a “neutral” rating and increased their price target for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Finally, Citigroup increased their target price on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, June 4th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $223.13.

About Honeywell International

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.