B & T Capital Management DBA Alpha Capital Management Has $6.89 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

B & T Capital Management DBA Alpha Capital Management raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,339 shares of the conglomerate’s stock after buying an additional 242 shares during the quarter. Honeywell International comprises 1.3% of B & T Capital Management DBA Alpha Capital Management’s investment portfolio, making the stock its 23rd largest holding. B & T Capital Management DBA Alpha Capital Management’s holdings in Honeywell International were worth $6,891,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. SS&H Financial Advisors Inc. boosted its holdings in Honeywell International by 2.7% in the third quarter. SS&H Financial Advisors Inc. now owns 5,702 shares of the conglomerate’s stock valued at $1,179,000 after acquiring an additional 152 shares during the last quarter. Morton Capital Management LLC CA boosted its holdings in Honeywell International by 3.4% in the third quarter. Morton Capital Management LLC CA now owns 6,028 shares of the conglomerate’s stock valued at $1,246,000 after acquiring an additional 200 shares during the last quarter. USA Financial Formulas lifted its stake in Honeywell International by 34.4% in the third quarter. USA Financial Formulas now owns 6,640 shares of the conglomerate’s stock valued at $1,373,000 after buying an additional 1,699 shares during the period. Bruce G. Allen Investments LLC lifted its stake in Honeywell International by 16.2% in the third quarter. Bruce G. Allen Investments LLC now owns 1,021 shares of the conglomerate’s stock valued at $211,000 after buying an additional 142 shares during the period. Finally, Sanibel Captiva Trust Company Inc. lifted its stake in Honeywell International by 0.7% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 125,184 shares of the conglomerate’s stock valued at $25,877,000 after buying an additional 913 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Down 0.3 %

Shares of NASDAQ:HON traded down $0.67 during trading on Thursday, hitting $213.03. 2,584,582 shares of the company were exchanged, compared to its average volume of 2,814,822. The stock has a market cap of $138.72 billion, a price-to-earnings ratio of 24.76, a P/E/G ratio of 2.32 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $220.79. The firm has a fifty day moving average price of $203.08 and a two-hundred day moving average price of $204.03. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.07. The firm 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%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.23 EPS. As a group, research analysts anticipate that Honeywell International Inc. will post 10.11 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.12%. Honeywell International’s payout ratio is presently 52.38%.

Analysts Set New Price Targets

HON has been the topic of several analyst reports. Morgan Stanley initiated coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $214.00 target price on shares of Honeywell International in a research note on Thursday, September 26th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. JPMorgan Chase & Co. lowered Honeywell International from an “overweight” rating to a “neutral” rating and raised their price target for the stock from $225.00 to $235.00 in a research report on Thursday. Finally, Wells Fargo & Company dropped their price target on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a research report on Monday. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $223.56.

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.