Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HONGet Rating) by 3.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,266 shares of the conglomerate’s stock after purchasing an additional 220 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Honeywell International were worth $1,307,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of HON. Baystate Wealth Management LLC boosted its holdings in Honeywell International by 3.9% in the fourth quarter. Baystate Wealth Management LLC now owns 1,321 shares of the conglomerate’s stock valued at $276,000 after acquiring an additional 49 shares during the last quarter. Fieldpoint Private Securities LLC lifted its stake in Honeywell International by 0.4% in the third quarter. Fieldpoint Private Securities LLC now owns 13,479 shares of the conglomerate’s stock valued at $2,861,000 after buying an additional 50 shares during the period. Mcrae Capital Management Inc. lifted its stake in Honeywell International by 1.7% in the fourth quarter. Mcrae Capital Management Inc. now owns 3,009 shares of the conglomerate’s stock valued at $627,000 after buying an additional 50 shares during the period. ARGI Investment Services LLC lifted its stake in Honeywell International by 0.6% in the fourth quarter. ARGI Investment Services LLC now owns 8,422 shares of the conglomerate’s stock valued at $1,756,000 after buying an additional 52 shares during the period. Finally, Hoese & Co LLP lifted its stake in Honeywell International by 0.8% in the fourth quarter. Hoese & Co LLP now owns 6,818 shares of the conglomerate’s stock valued at $1,422,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 74.27% of the company’s stock.

Honeywell International stock traded up $0.61 during midday trading on Friday, reaching $193.53. The stock had a trading volume of 3,237,361 shares, compared to its average volume of 3,789,701. The firm’s fifty day simple moving average is $193.50 and its 200-day simple moving average is $197.11. Honeywell International Inc. has a 1-year low of $174.42 and a 1-year high of $236.86. The stock has a market capitalization of $131.74 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.94 and a current ratio of 1.21.

Honeywell International (NASDAQ:HONGet Rating) last posted its quarterly earnings results on Friday, April 29th. The conglomerate reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The firm had revenue of $8.38 billion during the quarter, compared to the consensus estimate of $8.29 billion. Honeywell International had a return on equity of 30.04% and a net margin of 15.30%. The business’s revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $1.92 earnings per share. On average, sell-side analysts anticipate that Honeywell International Inc. will post 8.69 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 3rd. Shareholders of record on Friday, May 13th will be paid a $0.98 dividend. The ex-dividend date of this dividend is Thursday, May 12th. This represents a $3.92 dividend on an annualized basis and a yield of 2.03%. Honeywell International’s dividend payout ratio is 52.06%.

In other Honeywell International news, CEO Darius Adamczyk sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $194.52, for a total value of $7,780,800.00. Following the completion of the transaction, the chief executive officer now directly owns 165,015 shares in the company, valued at $32,098,717.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.45% of the stock is owned by company insiders.

Several equities analysts have weighed in on the company. UBS Group cut their target price on Honeywell International from $237.00 to $220.00 and set a “buy” rating on the stock in a research note on Tuesday, February 15th. StockNews.com assumed coverage on Honeywell International in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Berenberg Bank began coverage on Honeywell International in a research note on Friday, January 14th. They issued a “hold” rating and a $230.00 target price on the stock. Morgan Stanley dropped their price target on Honeywell International from $212.00 to $211.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 7th. Finally, Citigroup raised their price target on Honeywell International from $229.00 to $232.00 in a research report on Monday, May 2nd. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $227.14.

About Honeywell International (Get Rating)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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