Evexia Wealth LLC Has $4.86 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Evexia Wealth LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,798 shares of the conglomerate’s stock after purchasing an additional 649 shares during the quarter. Honeywell International comprises about 2.1% of Evexia Wealth LLC’s portfolio, 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 reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Morton Capital Management LLC CA increased its holdings in Honeywell International by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after acquiring an additional 50 shares during the period. Wayfinding Financial LLC raised its position in shares of Honeywell International by 3.4% in the fourth quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after buying an additional 50 shares in the last quarter. Indiana Trust & Investment Management CO boosted its stake in Honeywell International by 0.9% during the fourth quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock valued at $1,167,000 after buying an additional 50 shares during the period. River Street Advisors LLC increased its stake in Honeywell International by 2.0% in the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock worth $545,000 after acquiring an additional 50 shares during the last quarter. Finally, Triton Wealth Management PLLC raised its holdings in shares of Honeywell International by 4.7% in the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock valued at $233,000 after acquiring an additional 51 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction that occurred 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 completion of 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 Securities & Exchange Commission, which is accessible through this hyperlink. In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction dated 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 transaction, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the business’s stock in a transaction dated 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 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 Up 0.9 %

HON traded up $1.85 during midday trading on Tuesday, reaching $196.85. The company’s stock had a trading volume of 1,951,773 shares, compared to its average volume of 3,013,874. The stock’s 50-day moving average is $197.55 and its 200-day moving average is $196.94. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The firm has a market capitalization of $128.19 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 2.26 and a beta of 1.02. 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 (NASDAQ:HON) last released its earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.07 earnings per share. As a group, research analysts expect that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HON. 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 for the company in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Barclays lifted their price target on shares of 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 raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Thursday, May 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 company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus 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.