Chicago Capital LLC Has $2.20 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Chicago Capital LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,287 shares of the conglomerate’s stock after acquiring an additional 173 shares during the period. Chicago Capital LLC’s holdings in Honeywell International were worth $2,197,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Torray Investment Partners LLC raised its holdings in shares of Honeywell International by 0.3% in the 4th quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock worth $12,312,000 after buying an additional 190 shares in the last quarter. Connectus Wealth LLC boosted its stake in shares of Honeywell International by 2.2% in the 4th 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. Main Street Financial Solutions LLC grew its holdings in shares of Honeywell International by 2.6% in the 4th quarter. Main Street Financial Solutions LLC now owns 4,561 shares of the conglomerate’s stock worth $956,000 after purchasing an additional 114 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Honeywell International by 17.7% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 12,141 shares of the conglomerate’s stock worth $2,546,000 after purchasing an additional 1,823 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. bought a new position in Honeywell International during the 4th quarter valued at about $27,230,000. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HON has been the topic of several research analyst reports. Royal Bank of Canada decreased their price objective on shares of Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research note on Friday, July 26th. Daiwa America upgraded Honeywell International to a “moderate buy” rating in a research report on Wednesday, June 5th. Wells Fargo & Company cut their price target 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. Citigroup increased their price target on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $223.13.

Honeywell International Trading Down 2.4 %

Shares of NASDAQ:HON traded down $4.85 during mid-day trading on Friday, reaching $198.13. The stock had a trading volume of 2,540,656 shares, compared to its average volume of 2,869,869. The firm has a 50 day simple moving average of $206.41 and a two-hundred day simple moving average of $203.13. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79. The firm has a market cap of $129.02 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03. 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 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. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same period last year, the business posted $2.23 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, research analysts predict that Honeywell International Inc. will post 10.12 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were issued a dividend of $1.08 per share. The ex-dividend date of this dividend 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%.

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.