Honeywell International Inc Stock as Institutional Investors Enter

Honeywell International Inc. (NYSE:HON) Logo

Sentiment for Honeywell International Inc (NYSE:HON)

Honeywell International Inc (NYSE:HON) institutional sentiment increased to 1.02 in Q2 2019. Its up 0.02, from 1 in 2019Q1. The ratio improved, as 557 active investment managers increased and started new holdings, while 545 sold and decreased positions in Honeywell International Inc. The active investment managers in our partner’s database now own: 512.29 million shares, up from 508.74 million shares in 2019Q1. Also, the number of active investment managers holding Honeywell International Inc in their top 10 holdings increased from 66 to 73 for an increase of 7. Sold All: 42 Reduced: 503 Increased: 420 New Position: 137.

Honeywell International Inc. operates as a diversified technology and manufacturing firm worldwide. The company has market cap of $120.60 billion. It operates through four divisions: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. It has a 17.73 P/E ratio. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other clients in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

The stock decreased 0.60% or $1.01 during the last trading session, reaching $167.62. About 2.02M shares traded. Honeywell International Inc. (NYSE:HON) has risen 14.79% since September 13, 2018 and is uptrending. It has outperformed by 14.79% the S&P500.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on October, 18. They expect $2.01 earnings per share, down 0.99 % or $0.02 from last year’s $2.03 per share. HON’s profit will be $1.45B for 20.85 P/E if the $2.01 EPS becomes a reality. After $2.10 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts -4.29 % negative EPS growth.

Gabalex Capital Management Llc holds 11.38% of its portfolio in Honeywell International Inc. for 250,000 shares. Cincinnati Casualty Co owns 50,000 shares or 6.71% of their US portfolio. Moreover, Suncoast Equity Management has 5.79% invested in the company for 161,793 shares. The New York-based C.V. Starr & Co. Inc. Trust has invested 5.42% in the stock. Cincinnati Financial Corp, a Ohio-based fund reported 837,500 shares.

Honeywell International Inc. (NYSE:HON) Ratings Coverage

Ratings analysis reveals 100% of Honeywell Int`l’s analysts are positive. Out of 4 Wall Street analysts rating Honeywell Int`l, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $183 while the high is $19700. The stock’s average target of $189.75 is 13.20% above today’s ($167.62) share price. HON was included in 8 notes of analysts from March 23, 2019. Morgan Stanley maintained Honeywell International Inc. (NYSE:HON) rating on Monday, April 22. Morgan Stanley has “Overweight” rating and $183 target. The firm has “Overweight” rating given on Friday, July 19 by Barclays Capital. The stock has “Overweight” rating by Barclays Capital on Tuesday, July 9. Morgan Stanley maintained the shares of HON in report on Friday, July 19 with “Overweight” rating. The stock of Honeywell International Inc. (NYSE:HON) earned “Outperform” rating by Credit Suisse on Friday, July 19. Citigroup maintained Honeywell International Inc. (NYSE:HON) on Monday, September 9 with “Buy” rating.

More notable recent Honeywell International Inc. (NYSE:HON) news were published by: which released: “Honeywell: Forecasting The September Dividend Increase – Seeking Alpha” on September 09, 2019, also with their article: “4 Top Industrial Stocks to Watch in September – Motley Fool” published on September 05, 2019, published: “Honeywell: Stick With What Has Been Working – Seeking Alpha” on September 02, 2019. More interesting news about Honeywell International Inc. (NYSE:HON) were released by: and their article: “Should Honeywell International Inc. (NYSE:HON) Be Your Next Stock Pick? – Yahoo Finance” published on July 12, 2019 as well as‘s news article titled: “Mario Gabelli Comments on Honeywell International – Yahoo Finance” with publication date: August 20, 2019.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.