Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. lifted its position in Honeywell International Inc. (NASDAQ:HON) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,535 shares of the conglomerate’s stock after acquiring an additional 55 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in Honeywell International were worth $322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in HON. Hudson Value Partners LLC boosted its holdings in Honeywell International by 14.4% in the fourth quarter. Hudson Value Partners LLC now owns 1,670 shares of the conglomerate’s stock valued at $350,000 after purchasing an additional 210 shares during the last quarter. Godshalk Welsh Capital Management Inc. purchased a new stake in Honeywell International in the fourth quarter valued at $204,000. Nations Financial Group Inc. IA ADV boosted its holdings in Honeywell International by 316.9% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 8,405 shares of the conglomerate’s stock valued at $1,763,000 after purchasing an additional 6,389 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Honeywell International by 18.9% during the 4th quarter. Johnson Financial Group Inc. now owns 6,124 shares of the conglomerate’s stock worth $1,284,000 after acquiring an additional 973 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Honeywell International by 26.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 487,338 shares of the conglomerate’s stock worth $102,200,000 after acquiring an additional 101,776 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ:HON traded up $0.30 during trading on Friday, hitting $199.69. The company’s stock had a trading volume of 2,360,667 shares, compared to its average volume of 2,620,083. The business has a 50 day moving average price of $198.51 and a two-hundred day moving average price of $198.79. The company has a market capitalization of $130.04 billion, a PE ratio of 23.14, a P/E/G ratio of 2.31 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.07 earnings per share. As a group, research analysts expect that Honeywell International Inc. will post 9.93 EPS 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. Investors of record on Friday, May 17th will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.16%. Honeywell International’s payout ratio is currently 50.06%.

Insider Buying and Selling

In related news, CFO Gregory P. Lewis sold 25,209 shares of the business’s 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 transaction, the chief financial officer now owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Honeywell International news, 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 owns 55,471 shares in the company, valued at $10,709,231.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Darius Adamczyk sold 28,500 shares of the company’s 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 transaction, the director now 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. Insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on HON. Royal Bank of Canada lowered their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 price objective (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $215.71.

Honeywell International 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.