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

FourThought Financial Partners LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 29,212 shares of the conglomerate’s stock after purchasing an additional 727 shares during the quarter. FourThought Financial Partners LLC’s holdings in Honeywell International were worth $6,126,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. TCG Advisory Services LLC boosted its holdings in Honeywell International by 27.4% in the 4th quarter. TCG Advisory Services LLC now owns 20,998 shares of the conglomerate’s stock worth $4,403,000 after acquiring an additional 4,518 shares during the period. Claris Advisors LLC MO acquired a new stake in Honeywell International during the 4th quarter valued at $210,000. Royal Fund Management LLC increased its stake in Honeywell International by 15.3% during the 4th quarter. Royal Fund Management LLC now owns 1,338 shares of the conglomerate’s stock worth $281,000 after buying an additional 178 shares during the period. AJOVista LLC purchased a new position in Honeywell International in the 4th quarter valued at about $146,000. Finally, Baxter Bros Inc. increased its position in shares of Honeywell International by 0.7% during the fourth quarter. Baxter Bros Inc. now owns 36,537 shares of the conglomerate’s stock worth $7,662,000 after acquiring an additional 252 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Honeywell International

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HON shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Thursday. Royal Bank of Canada cut their target price on shares of 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. Finally, Barclays lifted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $215.71.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $2.17 during trading on Friday, reaching $195.81. 2,251,381 shares of the company’s stock traded hands, compared to its average volume of 2,992,784. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The company has a 50 day moving average of $197.66 and a 200-day moving average of $196.58. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The stock has a market capitalization of $127.51 billion, a P/E ratio of 22.69, a price-to-earnings-growth ratio of 2.24 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same period in the prior year, the business earned $2.07 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. On average, equities analysts expect that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be paid a $1.08 dividend. The ex-dividend date is Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.21%. Honeywell International’s payout ratio is currently 50.06%.

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.