Honeywell (HON) Shares Sold by WINTON GROUP Ltd

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WINTON GROUP Ltd decreased its stake in shares of Honeywell (NYSE:HON) by 30.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,069 shares of the conglomerate’s stock after selling 27,621 shares during the period. WINTON GROUP Ltd’s holdings in Honeywell were worth $8,970,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of HON. We Are One Seven LLC bought a new position in Honeywell in the fourth quarter worth about $199,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its holdings in shares of Honeywell by 2.1% during the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 107,484 shares of the conglomerate’s stock valued at $15,333,000 after buying an additional 2,192 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in shares of Honeywell during the fourth quarter valued at approximately $746,000. Employees Retirement System of Texas raised its holdings in shares of Honeywell by 12.9% during the fourth quarter. Employees Retirement System of Texas now owns 203,300 shares of the conglomerate’s stock valued at $31,178,000 after buying an additional 23,300 shares during the last quarter. Finally, Albion Financial Group UT raised its holdings in shares of Honeywell by 50.8% during the fourth quarter. Albion Financial Group UT now owns 56,436 shares of the conglomerate’s stock valued at $8,655,000 after buying an additional 19,008 shares during the last quarter. 74.24% of the stock is currently owned by institutional investors and hedge funds.

NYSE HON opened at $144.00 on Friday. Honeywell has a 12 month low of $131.42 and a 12 month high of $165.13. The company has a current ratio of 1.36, a quick ratio of 1.11 and a debt-to-equity ratio of 0.72. The company has a market cap of $107.54 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.93 and a beta of 0.97.

Honeywell (NYSE:HON) last posted its quarterly earnings data on Friday, April 20th. The conglomerate reported $1.95 EPS for the quarter, beating the Zacks’ consensus estimate of $1.89 by $0.06. Honeywell had a net margin of 4.26% and a return on equity of 29.25%. The business had revenue of $10.39 billion for the quarter, compared to analyst estimates of $10.03 billion. During the same quarter last year, the business earned $1.71 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. sell-side analysts predict that Honeywell will post 8.02 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 8th. Investors of record on Friday, May 18th were paid a dividend of $0.745 per share. The ex-dividend date of this dividend was Thursday, May 17th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.07%. Honeywell’s dividend payout ratio is presently 41.91%.

A number of research firms have recently weighed in on HON. Zacks Investment Research raised Honeywell from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a report on Monday, May 28th. ValuEngine cut Honeywell from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Oppenheimer cut their price target on Honeywell from $180.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, April 30th. TheStreet raised Honeywell from a “c+” rating to an “a-” rating in a report on Friday, April 20th. Finally, Barclays lifted their price target on Honeywell from $170.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, April 23rd. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $169.21.

In related news, insider Timothy O. Mahoney sold 114,489 shares of the firm’s stock in a transaction that occurred on Friday, May 25th. The shares were sold at an average price of $150.20, for a total transaction of $17,196,247.80. Following the transaction, the insider now owns 314,725 shares in the company, valued at $47,271,695. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jaime Chico /Fa Pardo sold 3,426 shares of the firm’s stock in a transaction that occurred on Friday, May 25th. The shares were sold at an average price of $150.59, for a total transaction of $515,921.34. Following the transaction, the director now owns 43,773 shares in the company, valued at approximately $6,591,776.07. The disclosure for this sale can be found here. 1.33% of the stock is owned by company insiders.

Honeywell Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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Institutional Ownership by Quarter for Honeywell (NYSE:HON)

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