Gamco Investors INC. ET AL lowered its position in shares of Honeywell International Inc. (NYSE:HON) by 4.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,632,586 shares of the conglomerate’s stock after selling 81,726 shares during the period. Honeywell International accounts for 1.3% of Gamco Investors INC. ET AL’s investment portfolio, making the stock its 4th largest position. Gamco Investors INC. ET AL owned about 0.21% of Honeywell International worth $203,861,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the stock. NWQ Investment Management Company LLC purchased a new position in shares of Honeywell International during the fourth quarter worth approximately $266,000. Creative Planning boosted its position in shares of Honeywell International by 3.9% in the first quarter. Creative Planning now owns 61,152 shares of the conglomerate’s stock worth $7,636,000 after buying an additional 2,323 shares during the period. Banco Santander S.A. purchased a new position in shares of Honeywell International during the fourth quarter worth approximately $1,514,000. Integrated Wealth Management boosted its position in shares of Honeywell International by 5.2% in the first quarter. Integrated Wealth Management now owns 4,054 shares of the conglomerate’s stock worth $506,000 after buying an additional 201 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of Honeywell International by 90.5% in the fourth quarter. AQR Capital Management LLC now owns 824,492 shares of the conglomerate’s stock worth $95,518,000 after buying an additional 391,748 shares during the period. Institutional investors own 76.36% of the company’s stock.
Honeywell International Inc. (HON) opened at 136.15 on Thursday. The stock has a market cap of $103.79 billion, a P/E ratio of 21.44 and a beta of 0.95. The company’s 50-day moving average price is $134.12 and its 200-day moving average price is $127.18. Honeywell International Inc. has a 1-year low of $105.25 and a 1-year high of $136.17.
Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, April 21st. The conglomerate reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Honeywell International had a return on equity of 26.58% and a net margin of 12.43%. The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.33 billion. During the same period in the prior year, the company posted $1.56 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts predict that Honeywell International Inc. will post $7.09 EPS for the current year.
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HON has been the subject of a number of research analyst reports. Zacks Investment Research cut Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, April 4th. Credit Suisse Group restated a “hold” rating and set a $122.00 target price on shares of Honeywell International in a report on Friday, April 21st. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $148.00 price target on shares of Honeywell International in a research report on Tuesday, April 25th. Morgan Stanley reaffirmed an “overweight” rating and issued a $141.00 price target (up previously from $137.00) on shares of Honeywell International in a research report on Thursday, June 22nd. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $141.00 price target on shares of Honeywell International in a research report on Wednesday, April 26th. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $136.05.
In related news, VP Jennifer H. Mak sold 5,510 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $131.88, for a total value of $726,658.80. Following the completion of the transaction, the vice president now directly owns 3,141 shares of the company’s stock, valued at approximately $414,235.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Thomas A. Szlosek sold 36,080 shares of the stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $131.16, for a total value of $4,732,252.80. Following the completion of the transaction, the chief financial officer now directly owns 2,160 shares of the company’s stock, valued at $283,305.60. The disclosure for this sale can be found here. Insiders sold a total of 1,253,667 shares of company stock valued at $164,049,416 over the last three months. Corporate insiders own 1.56% of the company’s stock.
Honeywell International Company Profile
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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