First Dallas Securities Inc. Has $743,000 Stake in Honeywell International Inc. (NYSE:HON)

First Dallas Securities Inc. held its position in shares of Honeywell International Inc. (NYSE:HON) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,950 shares of the conglomerate’s stock at the end of the first quarter. First Dallas Securities Inc.’s holdings in Honeywell International were worth $743,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Weatherly Asset Management L. P. boosted its position in shares of Honeywell International by 0.3% in the first quarter. Weatherly Asset Management L. P. now owns 2,496 shares of the conglomerate’s stock valued at $312,000 after buying an additional 8 shares during the last quarter. Hudock Capital Group LLC boosted its position in shares of Honeywell International by 0.3% in the first quarter. Hudock Capital Group LLC now owns 4,027 shares of the conglomerate’s stock valued at $502,000 after buying an additional 14 shares during the last quarter. BKD Wealth Advisors LLC boosted its position in shares of Honeywell International by 0.4% in the first quarter. BKD Wealth Advisors LLC now owns 4,547 shares of the conglomerate’s stock valued at $568,000 after buying an additional 18 shares during the last quarter. Point View Wealth Management Inc. boosted its position in shares of Honeywell International by 1.0% in the first quarter. Point View Wealth Management Inc. now owns 1,871 shares of the conglomerate’s stock valued at $234,000 after buying an additional 19 shares during the last quarter. Finally, First Commonwealth Financial Corp PA boosted its position in shares of Honeywell International by 0.3% in the fourth quarter. First Commonwealth Financial Corp PA now owns 8,845 shares of the conglomerate’s stock valued at $1,025,000 after buying an additional 23 shares during the last quarter. 76.49% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Inc. (NYSE:HON) traded down 0.66% on Friday, reaching $134.95. 2,977,551 shares of the company were exchanged. Honeywell International Inc. has a 12-month low of $105.25 and a 12-month high of $140.21. The firm has a market capitalization of $102.64 billion, a P/E ratio of 20.93 and a beta of 0.94. The firm has a 50-day moving average of $136.42 and a 200 day moving average of $130.09.

Honeywell International (NYSE:HON) last announced its earnings results on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, beating the Zacks’ consensus estimate of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. During the same period in the prior year, the company earned $1.70 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. On average, equities analysts predict that Honeywell International Inc. will post $7.09 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be issued a dividend of $0.665 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $2.66 dividend on an annualized basis and a yield of 1.97%. Honeywell International’s dividend payout ratio is currently 41.24%.

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Several brokerages recently weighed in on HON. Cowen and Company reaffirmed a “buy” rating and issued a $140.00 price target on shares of Honeywell International in a research report on Monday, July 17th. Oppenheimer Holdings, Inc. lifted their target price on shares of Honeywell International from $148.00 to $155.00 and gave the stock an “outperform” rating in a research report on Monday, July 24th. Stifel Nicolaus lifted their target price on shares of Honeywell International from $136.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Citigroup Inc. lifted their target price on shares of Honeywell International from $140.00 to $147.00 and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Finally, HSBC Holdings plc began coverage on shares of Honeywell International in a research report on Wednesday, June 21st. They set a “buy” rating and a $147.00 target price on the stock. One research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $139.64.

In other Honeywell International news, Director Linnet F. Deily sold 4,344 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $138.47, for a total transaction of $601,513.68. Following the completion of the sale, the director now directly owns 9,753 shares of the company’s stock, valued at $1,350,497.91. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Katherine L. Adams sold 116,021 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $131.70, for a total transaction of $15,279,965.70. Following the sale, the senior vice president now directly owns 286,199 shares of the company’s stock, valued at $37,692,408.30. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 469,799 shares of company stock valued at $64,094,877. 1.56% of the stock is owned by corporate insiders.

About Honeywell International

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.

Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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