) by 3.4% in the fourth quarter, according the latest Form 13F filed by the Securities & Exchange Commission. The fund held 37,294 of the stock of the conglomerate after selling 1,323 during the period. Honeywell International is the 18th most valuable stock in Stockman Wealth Management Inc. Stockman Wealth Management Inc. held Honeywell International for $7,992,000 in its latest filing with the Securities & Exchange Commission.
Other hedge funds and institutional investors have also increased or decreased their stakes recently. Barclays PLC increased its holdings in Honeywell International shares by 45.9% during the third quarter. Barclays PLC owns 1,064,728 of the conglomerate stock, worth $177.776,000, after purchasing an additional 335,033 shares in the last quarter. Bank of Montreal Can increased its holdings in Honeywell International shares by 20.7% during the fourth quarter. Bank of Montreal Can owns 1,485,534 of the conglomerate stock, worth $318.588,000. This is after adding 254,283 additional shares in the last quarter. Royal Bank of Canada increased its holdings in Honeywell International shares by 2.9% during the third quarter. Royal Bank of Canada owns 7,422,464 of the conglomerate stock, worth $1,239 327,000, after purchasing 211,341 additional shares in the last quarter. ING Groep NV increased its holdings in Honeywell International shares by 114.7% during the first quarter. ING Groep NV owns 380 469 shares in the conglomerate, worth $74,104,000, after acquiring 203 232 additional shares during the previous quarter. California Public Employees Retirement System increased its holdings in Honeywell International in the third-quarter by 14.0%. California Public Employees Retirement System owns 1,603,767 of the stock conglomerate, worth $267.781,000, after buying an additional 196.808 shares. The stock rose $0.42 to $198.68 during Wednesday's midday trading. Stock traded at 236,322 shares compared to 2,999,564 average. The company has a $132.26 billion market cap, a PEG of 2.28, and a beta value of 1.09. It also has a 25.75 price-to earnings ratio, a PEG of 2.58, and a PEG of 25.75. Honeywell International Inc.'s low for the past 12 months is $166.63, and its high for that same period is $220.96. The company has a simple fifty-day moving average of $192.23, and a simple two hundred-day moving average at $201.34. The company has a debt to equity ratio of 0.84, a quick-ratio of 0.98 and a current-ratio of 1.26.
The last time ) released its results was on Thursday, 27th April. Conglomerate posted $2.07 in earnings per share for the quarter. This was $0.14 higher than the consensus estimate of just $1.93. The company reported revenue of $8.86billion during the quarter compared with analyst estimates of $9.51billion. Honeywell International's return on equity was 34.01%, and its net margin was 14.53%. Revenue for the quarter increased by 5.8% when compared with the same period last year. In the same quarter last year, Honeywell International Inc. earned $1.91 in earnings per share. Honeywell International Inc. is expected to post 9.08 EPS in the current fiscal period, according to a research analyst group.
Honeywell International Announces Dividend
Recently, the business announced that it will pay a quarterly distribution on Friday, 2nd June. Dividends will be paid to stockholders who were in the books on Friday, May 12. The dividend per share is $1.03. This dividend will be paid on Thursday, May 11. This is a $4.12 dividend with a yield of 2.07 percent. Honeywell International has a payout ratio of 53.51%.
Wall Street analysts weigh in
Recently, several brokerages commented on HON. In a research note published on April 12th, Deutsche Bank Aktiengesellschaft lowered their Honeywell International target price from $235.00 down to $228.00. They also gave the company a "buy" rating. Morgan Stanley increased their target price for Honeywell International to $213.00 in a report published on Friday, Feb. 3rd. The stock was also given an "equal weight" rating. UBS Group reduced their price target on Honeywell International to $185.00 from $193.00 in a report published on February 28th. The company was also given a rating of'sell. Citigroup raised their price target on Honeywell International in a report published on Friday, 28th April from $240.00 up to $242.00. JPMorgan Chase & Co. raised their price target on Honeywell International to $215.00 in a Friday, February 3, report. The company was also given an 'overweight rating'. Eight analysts have given the stock a buy recommendation, while six others have given it a hold. MarketBeat data shows that the average rating for the stock is 'Hold,' with an average price target of $214.56.
Honeywell International, Inc. is a software-industrial company that offers solutions for aerospace and automotive products. Honeywell International, Inc. is a software industrial company that specializes in the development of products and services for aerospace and automotive industries.
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