Capital Advisors Ltd. LLC Acquires 86 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Ltd. LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,526 shares of the conglomerate’s stock after buying an additional 86 shares during the period. Capital Advisors Ltd. LLC’s holdings in Honeywell International were worth $530,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Industrial Alliance Investment Management Inc. raised its stake in Honeywell International by 1,205.8% in the third quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock valued at $627,000 after buying an additional 3,135 shares during the period. Jag Capital Management LLC raised its stake in Honeywell International by 40.8% in the third quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock valued at $299,000 after buying an additional 469 shares during the period. Shulman DeMeo Asset Management LLC raised its stake in Honeywell International by 11.1% in the fourth quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock valued at $354,000 after buying an additional 169 shares during the period. Ferguson Wellman Capital Management Inc. increased its stake in shares of Honeywell International by 1.7% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after purchasing an additional 8,493 shares during the period. Finally, WINTON GROUP Ltd bought a new position in shares of Honeywell International during the third quarter worth approximately $203,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HON shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Barclays raised their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada decreased their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $219.67.

Honeywell International Trading Down 0.7 %

Shares of NASDAQ:HON traded down $1.37 during midday trading on Wednesday, reaching $194.79. The company’s stock had a trading volume of 3,576,760 shares, compared to its average volume of 3,007,525. The firm has a market capitalization of $126.84 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 2.24 and a beta of 1.02. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The firm has a 50 day moving average price of $198.35 and a two-hundred day moving average price of $196.26. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. During the same period in the prior year, the business earned $2.52 EPS. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. As a group, analysts forecast that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Insider Transactions at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.41% of the company’s stock.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's 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 services.