Canandaigua National Corp Sells 766 Shares of Honeywell International Inc. (NASDAQ:HON)

Canandaigua National Corp reduced its position in Honeywell International Inc. (NASDAQ:HONGet Rating) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,174 shares of the conglomerate’s stock after selling 766 shares during the quarter. Canandaigua National Corp’s holdings in Honeywell International were worth $3,159,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of HON. BMS Financial Advisors LLC grew its stake in Honeywell International by 7.0% during the second quarter. BMS Financial Advisors LLC now owns 2,538 shares of the conglomerate’s stock worth $441,000 after purchasing an additional 166 shares during the period. Cooper Financial Group increased its stake in shares of Honeywell International by 27.7% in the 2nd quarter. Cooper Financial Group now owns 1,456 shares of the conglomerate’s stock valued at $253,000 after acquiring an additional 316 shares in the last quarter. Brookstone Capital Management boosted its stake in Honeywell International by 26.8% during the second quarter. Brookstone Capital Management now owns 27,857 shares of the conglomerate’s stock worth $4,829,000 after acquiring an additional 5,894 shares in the last quarter. New Potomac Partners LLC grew its holdings in Honeywell International by 0.5% in the second quarter. New Potomac Partners LLC now owns 17,346 shares of the conglomerate’s stock worth $3,015,000 after purchasing an additional 85 shares during the period. Finally, Triangle Securities Wealth Management increased its stake in Honeywell International by 3.6% in the second quarter. Triangle Securities Wealth Management now owns 6,002 shares of the conglomerate’s stock valued at $1,043,000 after purchasing an additional 208 shares in the last quarter. 74.74% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $177.35 on Monday. The business’s fifty day simple moving average is $192.71 and its 200 day simple moving average is $189.20. The company has a current ratio of 1.20, a quick ratio of 0.92 and a debt-to-equity ratio of 0.69. Honeywell International Inc. has a 12 month low of $167.35 and a 12 month high of $228.26. The firm has a market capitalization of $119.48 billion, a P/E ratio of 24.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.06.

Honeywell International (NASDAQ:HONGet Rating) last posted its quarterly earnings results on Thursday, July 28th. The conglomerate reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.07. The company had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.67 billion. Honeywell International had a net margin of 14.74% and a return on equity of 30.17%. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.02 earnings per share. As a group, analysts anticipate that Honeywell International Inc. will post 8.68 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Friday, August 12th were paid a $0.98 dividend. The ex-dividend date was Thursday, August 11th. This represents a $3.92 annualized dividend and a yield of 2.21%. Honeywell International’s payout ratio is 53.48%.

Insider Buying and Selling at Honeywell International

In related news, CFO Gregory P. Lewis sold 5,011 shares of the business’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $190.00, for a total value of $952,090.00. Following the sale, the chief financial officer now directly owns 43,625 shares in the company, valued at approximately $8,288,750. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HON. Barclays increased their price objective on shares of Honeywell International from $204.00 to $210.00 in a research report on Friday, July 29th. Morgan Stanley decreased their price objective on Honeywell International from $194.00 to $192.00 and set an “equal weight” rating for the company in a report on Friday, July 29th. Wells Fargo & Company increased their target price on Honeywell International from $180.00 to $183.00 and gave the stock an “equal weight” rating in a report on Monday, August 1st. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, August 31st. Finally, Credit Suisse Group set a $195.00 price objective on shares of Honeywell International in a report on Tuesday, July 19th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $210.08.

Honeywell International Profile

(Get Rating)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.

Featured Stories

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONGet Rating).

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.