Honeywell International Inc. (NASDAQ:HON) Shares Acquired by ERn Financial LLC

ERn Financial LLC grew its position in Honeywell International Inc. (NASDAQ:HON) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,313 shares of the conglomerate’s stock after acquiring an additional 215 shares during the period. ERn Financial LLC’s holdings in Honeywell International were worth $1,063,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Symphony Financial Ltd. Co. raised its position in shares of Honeywell International by 12.2% during the 4th quarter. Symphony Financial Ltd. Co. now owns 3,768 shares of the conglomerate’s stock worth $745,000 after purchasing an additional 409 shares during the last quarter. Patron Partners LLC raised its position in shares of Honeywell International by 1.9% during the 4th quarter. Patron Partners LLC now owns 4,411 shares of the conglomerate’s stock worth $925,000 after purchasing an additional 83 shares during the last quarter. Chilton Capital Management LLC raised its position in shares of Honeywell International by 0.6% during the 4th quarter. Chilton Capital Management LLC now owns 82,909 shares of the conglomerate’s stock worth $17,387,000 after purchasing an additional 455 shares during the last quarter. Precedent Wealth Partners LLC acquired a new position in shares of Honeywell International during the 4th quarter worth about $696,000. Finally, Winch Advisory Services LLC raised its position in shares of Honeywell International by 3.1% during the 4th quarter. Winch Advisory Services LLC now owns 7,245 shares of the conglomerate’s stock worth $1,519,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction on 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.45% of the company’s stock.

Honeywell International Stock Up 0.1 %

Honeywell International stock traded up $0.12 during mid-day trading on Friday, reaching $205.25. 3,594,210 shares of the company’s stock were exchanged, compared to its average volume of 2,914,256. The company has a market cap of $133.86 billion, a P/E ratio of 24.23, a P/E/G ratio of 2.31 and a beta of 1.02. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average of $199.12 and a 200-day moving average of $195.15.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. During the same period in the prior year, the business earned $2.52 EPS. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. Sell-side analysts expect that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.10%. Honeywell International’s payout ratio is 51.00%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada reduced their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Barclays upped their price objective on shares of Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Finally, Wells Fargo & Company upped their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Honeywell International currently has an average rating of “Hold” and an average price target of $220.89.

Honeywell International Company Profile

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.