Honeywell International Inc. (NASDAQ:HON) Stake Boosted by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 151.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,381 shares of the conglomerate’s stock after acquiring an additional 831 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Honeywell International were worth $290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HON. Altshuler Shaham Ltd acquired a new position in Honeywell International during the 4th quarter worth $27,000. Rakuten Securities Inc. acquired a new position in shares of Honeywell International during the fourth quarter valued at about $31,000. Cordant Inc. acquired a new position in shares of Honeywell International during the fourth quarter valued at about $31,000. Financial Connections Group Inc. acquired a new position in shares of Honeywell International during the fourth quarter valued at about $37,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at about $45,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HON. Barclays upped their target price 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 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. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $215.71.

Insiders Place Their Bets

In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the sale, the director now owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the sale, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.8 %

NASDAQ HON traded down $1.66 during trading hours on Thursday, hitting $201.14. The company’s stock had a trading volume of 698,037 shares, compared to its average volume of 2,919,526. The stock has a fifty day moving average of $198.40 and a 200 day moving average of $198.51. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The firm has a market capitalization of $130.98 billion, a P/E ratio of 23.50, a PEG ratio of 2.35 and a beta of 1.02. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data 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 net margin of 15.52% and a return on equity of 35.88%. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period in the prior year, the business posted $2.07 earnings per share. Honeywell International’s revenue was up 2.7% compared to the same quarter last year. Equities research analysts forecast that Honeywell International Inc. will post 9.93 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 2.15%. Honeywell International’s dividend payout ratio (DPR) is presently 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.