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Tag: Multi-Sector Conglomerate

  • Markel Group Inc. $MKL Shares Sold by Choreo LLC

    Choreo LLC reduced its stake in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,306 shares of the insurance provider’s stock after selling 87 shares during the period. Choreo LLC’s holdings in Markel Group were worth $2,603,000 as of its most recent SEC filing.

    Several other hedge funds have also modified their holdings of the stock. Southeast Asset Advisors LLC increased its position in Markel Group by 44.7% during the second quarter. Southeast Asset Advisors LLC now owns 2,030 shares of the insurance provider’s stock worth $4,055,000 after purchasing an additional 627 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Markel Group by 19.8% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,679 shares of the insurance provider’s stock valued at $5,351,000 after buying an additional 442 shares during the period. Quadcap Wealth Management LLC grew its stake in shares of Markel Group by 2.0% during the 2nd quarter. Quadcap Wealth Management LLC now owns 406 shares of the insurance provider’s stock valued at $811,000 after buying an additional 8 shares during the period. Adalta Capital Management LLC increased its holdings in shares of Markel Group by 2.0% during the 2nd quarter. Adalta Capital Management LLC now owns 2,643 shares of the insurance provider’s stock worth $5,279,000 after buying an additional 52 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Markel Group in the 2nd quarter worth $505,000. 77.12% of the stock is owned by institutional investors and hedge funds.

    Analyst Upgrades and Downgrades

    MKL has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b+)” rating on shares of Markel Group in a research report on Monday. Cowen reissued a “hold” rating on shares of Markel Group in a research report on Tuesday, October 7th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $1,930.50.

    Read Our Latest Stock Analysis on MKL

    Insider Buying and Selling at Markel Group

    In other news, CEO Simon Wilson sold 75 shares of Markel Group stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $2,072.94, for a total transaction of $155,470.50. Following the sale, the chief executive officer directly owned 1,770 shares of the company’s stock, valued at approximately $3,669,103.80. The trade was a 4.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.66% of the stock is owned by corporate insiders.

    Markel Group Trading Up 0.4%

    MKL opened at $2,084.81 on Friday. The firm’s 50 day moving average is $1,963.96 and its 200-day moving average is $1,956.92. Markel Group Inc. has a 52-week low of $1,621.89 and a 52-week high of $2,109.91. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $26.29 billion, a P/E ratio of 13.05 and a beta of 0.77.

    Markel Group (NYSE:MKL – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The insurance provider reported $30.90 earnings per share for the quarter, beating analysts’ consensus estimates of $22.77 by $8.13. Markel Group had a net margin of 12.99% and a return on equity of 7.91%. The business had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.77 billion. Analysts expect that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

    About Markel Group

    (Free Report)

    Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers’ compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.

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    Institutional Ownership by Quarter for Markel Group (NYSE:MKL)



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  • Maryland State Retirement & Pension System Sells 189 Shares of Federal Signal Co. (NYSE:FSS)

    Maryland State Retirement & Pension System Sells 189 Shares of Federal Signal Co. (NYSE:FSS)

    Maryland State Retirement & Pension System decreased its position in Federal Signal Co. (NYSE:FSS – Free Report) by 0.9% during the 1st quarter, Holdings Channel reports. The firm owned 21,955 shares of the conglomerate’s stock after selling 189 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Federal Signal were worth $1,811,000 at the end of the most recent reporting period.

    Several other institutional investors have also recently added to or reduced their stakes in FSS. Vanguard Group Inc. increased its stake in shares of Federal Signal by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,679,305 shares of the conglomerate’s stock valued at $512,570,000 after buying an additional 60,696 shares during the period. Conestoga Capital Advisors LLC boosted its stake in shares of Federal Signal by 2.4% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,350,214 shares of the conglomerate’s stock valued at $103,615,000 after purchasing an additional 31,807 shares during the last quarter. Norges Bank bought a new stake in shares of Federal Signal during the fourth quarter worth approximately $52,130,000. Charles Schwab Investment Management Inc. lifted its holdings in Federal Signal by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 649,953 shares of the conglomerate’s stock valued at $49,877,000 after buying an additional 9,688 shares during the period. Finally, Global Alpha Capital Management Ltd. grew its holdings in Federal Signal by 19.5% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 545,713 shares of the conglomerate’s stock worth $41,878,000 after acquiring an additional 88,900 shares during the period. 92.73% of the stock is owned by institutional investors.

    Wall Street Analysts Forecast Growth

    Separately, William Blair started coverage on shares of Federal Signal in a report on Friday, May 31st. They set an “outperform” rating for the company.

    Check Out Our Latest Stock Report on Federal Signal

    Federal Signal Stock Performance

    NYSE FSS traded down $1.43 on Friday, hitting $82.93. 9,565 shares of the stock were exchanged, compared to its average volume of 332,973. The company has a market capitalization of $5.07 billion, a PE ratio of 28.30 and a beta of 0.95. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.29. The business’s fifty day moving average is $85.32 and its 200 day moving average is $81.40. Federal Signal Co. has a 52 week low of $56.37 and a 52 week high of $92.90.

    Federal Signal (NYSE:FSS – Get Free Report) last posted its earnings results on Tuesday, April 30th. The conglomerate reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.09. Federal Signal had a return on equity of 17.36% and a net margin of 10.31%. The business had revenue of $424.90 million for the quarter, compared to analyst estimates of $425.58 million. During the same period in the previous year, the firm earned $0.46 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Research analysts anticipate that Federal Signal Co. will post 3.08 EPS for the current fiscal year.

    Federal Signal Announces Dividend

    The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were given a $0.12 dividend. The ex-dividend date was Thursday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.58%. Federal Signal’s payout ratio is presently 16.22%.

    About Federal Signal

    (Free Report)

    Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.

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    Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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  • Allspring Global Investments Holdings LLC Has $30.27 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

    Allspring Global Investments Holdings LLC Has $30.27 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

    Allspring Global Investments Holdings LLC grew its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 0.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 145,895 shares of the conglomerate’s stock after buying an additional 751 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Honeywell International were worth $30,273,000 at the end of the most recent reporting period.

    Several other hedge funds and other institutional investors also recently made changes to their positions in HON. HBK Investments L P bought a new position in shares of Honeywell International in the 1st quarter worth $272,000. Creative Financial Designs Inc. ADV boosted its position in shares of Honeywell International by 4.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,356 shares of the conglomerate’s stock worth $1,788,000 after purchasing an additional 356 shares during the last quarter. Versor Investments LP bought a new position in shares of Honeywell International in the 1st quarter worth $535,000. Magnus Financial Group LLC boosted its position in shares of Honeywell International by 2.8% in the 2nd quarter. Magnus Financial Group LLC now owns 7,532 shares of the conglomerate’s stock worth $1,563,000 after purchasing an additional 202 shares during the last quarter. Finally, MV Capital Management Inc. boosted its position in shares of Honeywell International by 16.4% in the 1st quarter. MV Capital Management Inc. now owns 531 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 75 shares during the last quarter. 74.61% of the stock is owned by institutional investors and hedge funds.

    Honeywell International Stock Performance

    Shares of Honeywell International stock opened at $177.00 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 1.07. The stock’s 50-day moving average is $186.22 and its 200-day moving average is $193.75. The firm has a market cap of $117.52 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.28 and a beta of 1.06. Honeywell International Inc. has a one year low of $174.88 and a one year high of $220.96.

    Honeywell International (NASDAQ:HON – Get Free Report) last released its earnings results on Thursday, October 26th. The conglomerate reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.04. The business had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $9.23 billion. Honeywell International had a return on equity of 34.63% and a net margin of 14.87%. Honeywell International’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. Equities analysts predict that Honeywell International Inc. will post 9.14 earnings per share for the current fiscal year.

    Honeywell International Increases Dividend

    The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be given a $1.08 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.44%. This is an increase from Honeywell International’s previous quarterly dividend of $1.03. Honeywell International’s payout ratio is currently 51.05%.

    Analyst Ratings Changes

    HON has been the topic of several recent research reports. Morgan Stanley raised their price target on Honeywell International from $219.00 to $221.00 in a research report on Friday, July 28th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group reduced their target price on Honeywell International from $185.00 to $180.00 and set a “sell” rating on the stock in a report on Friday, July 28th. Finally, Wells Fargo & Company reduced their target price on Honeywell International from $205.00 to $190.00 in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $214.07.

    Read Our Latest Stock Report on HON

    Honeywell International Company Profile

    (Free Report)

    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; and thermal systems, as well as wireless connectivity and management services.

    Read More

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

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  • Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

    Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

    Hudson Valley Investment Advisors Inc. ADV lowered its position in shares of Honeywell International Inc. (NASDAQ:HON – Get Rating) by 6.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,571 shares of the conglomerate’s stock after selling 1,174 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Honeywell International were worth $3,167,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. New England Research & Management Inc. raised its position in Honeywell International by 25.1% in the 1st quarter. New England Research & Management Inc. now owns 16,469 shares of the conglomerate’s stock worth $3,148,000 after purchasing an additional 3,300 shares during the period. Empowered Funds LLC increased its position in shares of Honeywell International by 54.3% in the first quarter. Empowered Funds LLC now owns 3,399 shares of the conglomerate’s stock valued at $650,000 after acquiring an additional 1,196 shares during the period. Martin Capital Partners LLC raised its stake in shares of Honeywell International by 1.9% during the first quarter. Martin Capital Partners LLC now owns 23,793 shares of the conglomerate’s stock valued at $4,547,000 after acquiring an additional 453 shares during the last quarter. Empirical Finance LLC boosted its holdings in shares of Honeywell International by 5.1% during the first quarter. Empirical Finance LLC now owns 19,143 shares of the conglomerate’s stock worth $3,659,000 after purchasing an additional 932 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Honeywell International by 19.9% during the 1st quarter. Howard Financial Services LTD. now owns 1,486 shares of the conglomerate’s stock valued at $284,000 after purchasing an additional 247 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

    Insider Buying and Selling at Honeywell International

    In other news, COO Vimal Kapur sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $197.46, for a total transaction of $1,283,490.00. Following the completion of the transaction, the chief operating officer now directly owns 8,622 shares of the company’s stock, valued at $1,702,500.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

    Honeywell International Trading Down 0.4 %

    NASDAQ:HON opened at $202.97 on Friday. Honeywell International Inc. has a 52 week low of $166.63 and a 52 week high of $220.96. The stock has a market cap of $135.11 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 2.43 and a beta of 1.09. The company’s 50 day moving average price is $196.64 and its 200-day moving average price is $196.50. The company has a quick ratio of 0.94, a current ratio of 1.26 and a debt-to-equity ratio of 0.84.

    Honeywell International (NASDAQ:HON – Get Rating) last issued its earnings results on Thursday, April 27th. The conglomerate reported $2.07 EPS for the quarter, beating the consensus estimate of $1.93 by $0.14. Honeywell International had a return on equity of 34.01% and a net margin of 14.53%. The business had revenue of $8.86 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same period last year, the business posted $1.91 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 9.15 earnings per share for the current fiscal year.

    Honeywell International Announces Dividend

    The business also recently announced a quarterly dividend, which was paid on Friday, June 2nd. Shareholders of record on Friday, May 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Thursday, May 11th. Honeywell International’s dividend payout ratio is currently 53.51%.

    Wall Street Analyst Weigh In

    Several equities research analysts have weighed in on HON shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Honeywell International from $235.00 to $228.00 and set a “buy” rating for the company in a report on Wednesday, April 12th. StockNews.com started coverage on Honeywell International in a research report on Thursday, May 18th. They set a “buy” rating on the stock. UBS Group reduced their target price on Honeywell International from $193.00 to $185.00 and set a “sell” rating on the stock in a report on Tuesday, February 28th. Wells Fargo & Company lowered their target price on Honeywell International from $210.00 to $205.00 and set an “equal weight” rating for the company in a research note on Thursday, April 13th. Finally, Citigroup upped their price target on Honeywell International from $240.00 to $242.00 in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $214.56.

    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; and thermal systems, as well as wireless connectivity and management services.

    Featured Articles

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    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.

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  • 1847 (OTCMKTS:EFSH) vs. Avalon GloboCare (NASDAQ:ALBT) Critical Survey

    1847 (OTCMKTS:EFSH) vs. Avalon GloboCare (NASDAQ:ALBT) Critical Survey

    1847 (OTCMKTS:EFSH – Get Rating) and Avalon GloboCare (NASDAQ:ALBT – Get Rating) are both small-cap multi-sector conglomerates companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, profitability, institutional ownership and earnings.

    Analyst Ratings

    This is a breakdown of current recommendations and price targets for 1847 and Avalon GloboCare, as reported by MarketBeat.com.

    Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
    1847 0 0 0 0 N/A
    Avalon GloboCare 0 0 0 0 N/A

    Profitability

    This table compares 1847 and Avalon GloboCare’s net margins, return on equity and return on assets.

    Net Margins Return on Equity Return on Assets
    1847 -15.64% -456.60% -16.86%
    Avalon GloboCare -992.68% -516.69% -80.45%

    Insider and Institutional Ownership

    0.9% of Avalon GloboCare shares are owned by institutional investors. 9.0% of 1847 shares are owned by insiders. Comparatively, 64.0% of Avalon GloboCare shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

    Valuation & Earnings

    This table compares 1847 and Avalon GloboCare’s gross revenue, earnings per share (EPS) and valuation.

    Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
    1847 $48.93 million 0.04 -$10.16 million N/A N/A
    Avalon GloboCare $1.20 million 14.73 -$11.93 million ($1.30) -1.34

    1847 has higher revenue and earnings than Avalon GloboCare.

    Summary

    1847 beats Avalon GloboCare on 5 of the 8 factors compared between the two stocks.

    About 1847

    (Get Rating)

    1847 Holdings LLC engages in the acquisition and management of small businesses in different industries. It operates through the following segments: Retail and Appliances, Construction, and Automotive Supplies. The Retail and Appliances segment provides a wide variety of appliance services including sales, delivery, installation, service and repair, extended warranties, and financing. The Construction segment offers doors, door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, and fireplace mantles. The Automotive Supplies segment designs and sells horn and safety products and provides vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles. The company was founded by Ellery W. Roberts on January 22, 2013 and is headquartered in New York, NY.

    About Avalon GloboCare

    (Get Rating)

    Avalon GloboCare Corp. is a clinical-stage biotechnology company, which engages in the development of immune effector cell therapy and laboratory services. It operates through the Real Property Operating and Medical Related Consulting Services segments. The Real Property Operating segment includes property management fees, property insurance, real estate taxes, depreciation, repairs and maintenance fees, utilities and other expenses related to rental properties. The Medical Related Consulting segment relates to labor and related benefits, travel expenses, and related to consulting services. The company was founded on July 28, 2014 and is headquartered in Freehold, NJ.

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  • Harvest Fund Management Co. Ltd Has $426,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

    Harvest Fund Management Co. Ltd Has $426,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

    Harvest Fund Management Co. Ltd raised its stake in shares of Honeywell International Inc. (NASDAQ:HON – Get Rating) by 68.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,002 shares of the conglomerate’s stock after purchasing an additional 812 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Honeywell International were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

    Other hedge funds have also modified their holdings of the company. Bellwether Advisors LLC increased its position in Honeywell International by 14.3% during the 3rd quarter. Bellwether Advisors LLC now owns 383 shares of the conglomerate’s stock worth $63,000 after purchasing an additional 48 shares in the last quarter. Key Financial Inc boosted its holdings in shares of Honeywell International by 3.8% during the 3rd quarter. Key Financial Inc now owns 1,340 shares of the conglomerate’s stock valued at $224,000 after acquiring an additional 49 shares in the last quarter. S&CO Inc. increased its holdings in Honeywell International by 3.4% in the 3rd quarter. S&CO Inc. now owns 1,522 shares of the conglomerate’s stock worth $254,000 after purchasing an additional 50 shares in the last quarter. Vantage Financial Partners Ltd. Inc. raised its position in Honeywell International by 0.8% in the third quarter. Vantage Financial Partners Ltd. Inc. now owns 6,125 shares of the conglomerate’s stock valued at $1,023,000 after purchasing an additional 50 shares during the last quarter. Finally, Lcnb Corp boosted its stake in shares of Honeywell International by 1.0% during the third quarter. Lcnb Corp now owns 5,052 shares of the conglomerate’s stock valued at $844,000 after purchasing an additional 50 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

    Analyst Upgrades and Downgrades

    HON has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, February 3rd. Morgan Stanley lifted their price target on shares of Honeywell International from $209.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday, February 3rd. HSBC increased their price objective on Honeywell International from $190.00 to $205.00 and gave the company a “hold” rating in a report on Tuesday, February 14th. Deutsche Bank Aktiengesellschaft cut their target price on Honeywell International from $235.00 to $228.00 and set a “buy” rating on the stock in a report on Wednesday, April 12th. Finally, Royal Bank of Canada raised their target price on Honeywell International from $204.00 to $208.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $214.44.

    Honeywell International Stock Up 0.4 %

    Honeywell International stock opened at $196.78 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market cap of $131.00 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. Honeywell International Inc. has a fifty-two week low of $166.63 and a fifty-two week high of $220.96. The firm’s 50-day simple moving average is $191.10 and its 200 day simple moving average is $201.86.

    Honeywell International (NASDAQ:HON – Get Rating) last issued its quarterly earnings results on Thursday, February 2nd. The conglomerate reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.01. The company had revenue of $9.19 billion during the quarter, compared to the consensus estimate of $9.26 billion. Honeywell International had a return on equity of 32.89% and a net margin of 14.00%. Honeywell International’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $2.09 earnings per share. Research analysts predict that Honeywell International Inc. will post 9.03 EPS for the current fiscal year.

    Honeywell International Dividend Announcement

    The business also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Friday, May 12th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.09%. Honeywell International’s dividend payout ratio (DPR) is currently 56.67%.

    Honeywell International Profile

    (Get Rating)

    Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation.

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

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  • General Electric (NYSE:GE) Stake Lifted by Financial Advocates Investment Management

    General Electric (NYSE:GE) Stake Lifted by Financial Advocates Investment Management

    Financial Advocates Investment Management increased its stake in General Electric (NYSE:GE – Get Rating) by 591.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,091 shares of the conglomerate’s stock after acquiring an additional 22,315 shares during the period. Financial Advocates Investment Management’s holdings in General Electric were worth $189,000 at the end of the most recent reporting period.

    Several other institutional investors and hedge funds have also made changes to their positions in the stock. Global Wealth Management Investment Advisory Inc. lifted its stake in General Electric by 808.1% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 336 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 299 shares during the last quarter. Coston McIsaac & Partners acquired a new stake in General Electric during the second quarter valued at approximately $25,000. Standard Family Office LLC acquired a new stake in General Electric during the third quarter valued at approximately $29,000. RE Dickinson Investment Advisors LLC lifted its stake in General Electric by 37.5% during the third quarter. RE Dickinson Investment Advisors LLC now owns 477 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 130 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new stake in General Electric during the first quarter valued at approximately $37,000. 70.12% of the stock is currently owned by institutional investors.

    Analyst Ratings Changes

    Several analysts recently commented on the stock. Wells Fargo & Company cut their target price on shares of General Electric from $82.00 to $80.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 25th. Morgan Stanley reduced their price target on shares of General Electric from $88.00 to $85.00 and set an “overweight” rating for the company in a research report on Monday, January 23rd. TheStreet upgraded shares of General Electric from a “c” rating to a “b-” rating in a research report on Friday, February 10th. StockNews.com upgraded shares of General Electric from a “hold” rating to a “buy” rating in a research report on Friday, February 3rd. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $88.00 price target on shares of General Electric in a research report on Monday. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $90.93.

    General Electric Trading Up 0.9 %

    GE stock opened at $87.06 on Tuesday. The company has a 50 day moving average of $81.25 and a two-hundred day moving average of $77.91. General Electric has a 12-month low of $46.55 and a 12-month high of $87.82. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.76.

    General Electric (NYSE:GE – Get Rating) last announced its quarterly earnings results on Tuesday, January 24th. The conglomerate reported $1.24 EPS for the quarter, topping the consensus estimate of $1.11 by $0.13. General Electric had a net margin of 0.29% and a return on equity of 8.47%. The company had revenue of $21.79 billion for the quarter, compared to analyst estimates of $22.11 billion. During the same quarter in the prior year, the business posted $0.92 EPS. General Electric’s quarterly revenue was up 7.3% on a year-over-year basis. As a group, research analysts predict that General Electric will post 1.93 EPS for the current year.

    General Electric Announces Dividend

    The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 25th. Stockholders of record on Tuesday, March 7th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $0.32 annualized dividend and a dividend yield of 0.37%. General Electric’s dividend payout ratio (DPR) is -1,066.67%.

    About General Electric

    (Get Rating)

    General Electric Co engages in the provision of commercial and military aircraft engines and systems, wind, and other renewable energy generation equipment and grid solutions, and gas, steam, nuclear, and other power generation equipment. It operates through the following segments: Aviation, Healthcare, Renewable Energy, and Power.

    Further Reading

    Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Electric (NYSE:GE – Get Rating).

    Institutional Ownership by Quarter for General Electric (NYSE:GE)

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

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  • Versor Investments LP Reduces Stake in 3M (NYSE:MMM)

    Versor Investments LP Reduces Stake in 3M (NYSE:MMM)

    Versor Investments LP lowered its stake in shares of 3M (NYSE:MMM – Get Rating) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,512 shares of the conglomerate’s stock after selling 638 shares during the period. Versor Investments LP’s holdings in 3M were worth $1,604,000 at the end of the most recent quarter.

    Other hedge funds also recently modified their holdings of the company. Markel Corp raised its stake in shares of 3M by 6.5% in the first quarter. Markel Corp now owns 269,750 shares of the conglomerate’s stock valued at $40,161,000 after buying an additional 16,550 shares during the period. Axiom Financial Strategies LLC raised its stake in 3M by 5.3% in the 1st quarter. Axiom Financial Strategies LLC now owns 6,513 shares of the conglomerate’s stock valued at $942,000 after acquiring an additional 326 shares during the period. Private Portfolio Partners LLC lifted its holdings in 3M by 7.7% during the first quarter. Private Portfolio Partners LLC now owns 2,483 shares of the conglomerate’s stock valued at $370,000 after purchasing an additional 177 shares during the last quarter. Operose Advisors LLC boosted its position in 3M by 322.7% during the first quarter. Operose Advisors LLC now owns 596 shares of the conglomerate’s stock worth $89,000 after purchasing an additional 455 shares during the period. Finally, Kinloch Capital LLC raised its position in shares of 3M by 8.1% in the first quarter. Kinloch Capital LLC now owns 16,157 shares of the conglomerate’s stock valued at $2,405,000 after purchasing an additional 1,211 shares during the period. Institutional investors own 65.61% of the company’s stock.

    3M Stock Down 0.5 %

    Shares of MMM opened at $119.92 on Tuesday. 3M has a 1 year low of $107.07 and a 1 year high of $181.78. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.56 and a quick ratio of 0.97. The stock has a 50 day simple moving average of $124.86 and a two-hundred day simple moving average of $126.80. The firm has a market cap of $66.28 billion, a P/E ratio of 10.45, a P/E/G ratio of 1.24 and a beta of 1.00.

    3M (NYSE:MMM – Get Rating) last announced its quarterly earnings data on Tuesday, October 25th. The conglomerate reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.08. The company had revenue of $8.60 billion during the quarter, compared to analysts’ expectations of $8.70 billion. 3M had a net margin of 18.91% and a return on equity of 40.03%. The firm’s revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.45 EPS. On average, analysts forecast that 3M will post 10.22 earnings per share for the current fiscal year.

    3M Dividend Announcement

    The business also recently disclosed a quarterly dividend, which was paid on Monday, December 12th. Stockholders of record on Friday, November 18th were issued a $1.49 dividend. The ex-dividend date was Thursday, November 17th. This represents a $5.96 annualized dividend and a dividend yield of 4.97%. 3M’s dividend payout ratio is currently 51.92%.

    Analysts Set New Price Targets

    A number of research firms recently weighed in on MMM. Wells Fargo & Company reduced their price objective on shares of 3M from $125.00 to $122.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 26th. Credit Suisse Group dropped their price objective on 3M to $127.00 in a report on Thursday, October 27th. Morgan Stanley lifted their target price on 3M from $108.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday, October 26th. StockNews.com assumed coverage on shares of 3M in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Barclays decreased their target price on shares of 3M from $137.00 to $130.00 and set an “underweight” rating on the stock in a report on Monday, October 3rd. Three analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $133.57.

    Insider Activity

    In related news, SVP Rodriguez Beatriz Karin Chavez sold 1,071 shares of the firm’s stock in a transaction that occurred on Friday, October 28th. The stock was sold at an average price of $126.28, for a total transaction of $135,245.88. Following the transaction, the senior vice president now directly owns 3,313 shares in the company, valued at approximately $418,365.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, SVP Rodriguez Beatriz Karin Chavez sold 1,071 shares of the company’s stock in a transaction on Friday, October 28th. The shares were sold at an average price of $126.28, for a total transaction of $135,245.88. Following the completion of the sale, the senior vice president now directly owns 3,313 shares in the company, valued at approximately $418,365.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kevin H. Rhodes sold 5,703 shares of the firm’s stock in a transaction on Friday, October 28th. The stock was sold at an average price of $126.40, for a total transaction of $720,859.20. Following the completion of the sale, the executive vice president now directly owns 2,033 shares in the company, valued at approximately $256,971.20. The disclosure for this sale can be found here. 0.39% of the stock is currently owned by corporate insiders.

    3M Company Profile

    (Get Rating)

    3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.

    Further Reading

    Want to see what other hedge funds are holding MMM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for 3M (NYSE:MMM – Get Rating).

    Institutional Ownership by Quarter for 3M (NYSE:MMM)

    Receive News & Ratings for 3M Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for 3M and related companies with MarketBeat.com’s FREE daily email newsletter.

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