HCR Wealth Advisors Takes Position in Honeywell International Inc. (HON)

HCR Wealth Advisors Takes Position in Honeywell International Inc. (HON)

Several institutional investors have recently bought and sold shares of HON. (NYSE:HON). Meridian Invest Counsel holds 7,941 shares or 0.61% of its portfolio. Reilly Financial Advisors LLC raised its position in shares of Honeywell International by 1.1% in the third quarter. The stock has increased 7.5 percent in the last 12 months. Fiduciary Management Inc. WI now owns 5,038,398 shares of the conglomerate's stock valued at $583,698,000 after buying an additional 1,885,005 shares in the last quarter. LLC now owns 942 shares of the conglomerate's stock worth $110,000 after buying an additional 566 shares during the period. Finally, Fiduciary Management Inc.

The 52 week high of Honeywell International Inc.'s shares is 130.74 whilst the 52 week low for shares in the company is 105.25. (NYSE:HON) has "Strong-Buy" rating given on Friday, August 28 by Vetr. "We reiterate our view that the stock should trade well post results", Morgan Stanley analyst Nigel Coe wrote in a client note. The company has a market cap of $96.73 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94. Honeywell International Inc.'s 50-day moving average is $125.23 and its 200-day moving average is $118.19.

The Morris Plains, NJ-based industrial giant reported Q1 earnings per share (EPS) of $1.66, which was $0.04 better than the Wall Street consensus estimate of $1.62.

In the trailing 12 months period, return on assets ratio of the Company was -3.80% and return on equity ratio was -9.80% while its return on investment ratio was -3.80%. The company's revenue for the quarter was up.0% compared to the same quarter a year ago.

Looking forward, the company is expected to report earnings of $1.75 per share for the current quarter.

Honeywell also raised the low end of its 2017 earnings forecast by 5 cents to $6.90-$7.10 per share. Stockholders of record on Friday, May 19th will be given a dividend of $0.665 per share.

On 2/12/2016 Honeywell International announced a quarterly dividend of $0.60 with an ex dividend date of 2/23/2016 which will be payable on 3/10/2016. This represents a $2.66 annualized dividend and a yield of 2.06%. Honeywell International's dividend payout ratio is 43.39%. SRS Capital Advisors Inc. purchased a new position in Honeywell International during the fourth quarter valued at approximately $114,000. "(HON) Upgraded to Hold at Zacks Investment Research" was originally posted by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of US and global copyright & trademark laws. "(HON)" was originally published by BBNS and is owned by of BBNS.

A number of other equities research analysts have also recently commented on the company. Citigroup Inc reaffirmed a "buy" rating and set a $147.00 price objective (up previously from $140.00) on shares of Honeywell International in a research note on Tuesday. This is an increase over its earnings per share of $1.50 reported during the same time past year.

4/24/2017-Cowen and Company Reiterated Rating of Buy.

Honeywell International Inc. (HON)'s growth estimate is 3.8 percent for the current quarter. The Firm operates through four divisions: 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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