Evexia Wealth LLC Increases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Evexia Wealth LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,798 shares of the conglomerate’s stock after acquiring an additional 649 shares during the quarter. Honeywell International accounts for approximately 2.1% of Evexia Wealth LLC’s holdings, making the stock its 22nd biggest holding. Evexia Wealth LLC’s holdings in Honeywell International were worth $4,863,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Industrial Alliance Investment Management Inc. raised its stake in shares of Honeywell International by 1,205.8% during the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock worth $627,000 after acquiring an additional 3,135 shares in the last quarter. Jag Capital Management LLC lifted its holdings in shares of Honeywell International by 40.8% during the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock valued at $299,000 after purchasing an additional 469 shares during the last quarter. Shulman DeMeo Asset Management LLC boosted its position in shares of Honeywell International by 11.1% in the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after purchasing an additional 169 shares in the last quarter. Boyd Watterson Asset Management LLC OH grew its stake in Honeywell International by 0.3% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after buying an additional 89 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. increased its position in Honeywell International by 1.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock valued at $103,999,000 after buying an additional 8,493 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the transaction, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

HON traded up $1.85 during midday trading on Tuesday, hitting $196.85. 1,951,773 shares of the company were exchanged, compared to its average volume of 3,013,874. The firm has a market capitalization of $128.19 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The company’s 50 day simple moving average is $197.55 and its 200 day simple moving average is $196.94. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.03 billion. During the same period last year, the business earned $2.07 earnings per share. Honeywell International’s quarterly revenue was up 2.7% on a year-over-year basis. As a group, sell-side analysts predict that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be issued a $1.08 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.19%. Honeywell International’s payout ratio is 50.06%.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Barclays upped their price target on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Royal Bank of Canada lowered their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $215.71.

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.