1,000 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,000 shares of the conglomerate’s stock, valued at approximately $210,000.

Several other hedge funds also recently added to or reduced their stakes in HON. Moneta Group Investment Advisors LLC grew its position in shares of Honeywell International by 101,603.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock valued at $1,223,139,000 after buying an additional 5,701,989 shares during the last quarter. Franklin Resources Inc. grew its position in Honeywell International by 23.0% in the 2nd quarter. Franklin Resources Inc. now owns 7,351,590 shares of the conglomerate’s stock worth $1,525,455,000 after purchasing an additional 1,374,199 shares during the last quarter. Barclays PLC grew its position in Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after purchasing an additional 1,162,518 shares during the last quarter. Deutsche Bank AG grew its position in Honeywell International by 80.7% in the 1st quarter. Deutsche Bank AG now owns 1,838,191 shares of the conglomerate’s stock worth $351,315,000 after purchasing an additional 821,001 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Honeywell International by 853.0% in the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock worth $163,980,000 after acquiring an additional 794,489 shares during the period. 74.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wells Fargo & Company increased their target price on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 19th. 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 note on Friday, February 2nd. Berenberg Bank upgraded 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 research report on Wednesday, March 6th. Finally, Barclays upped their price target on shares of Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and a consensus price target of $220.89.

Get Our Latest Stock Analysis on HON

Honeywell International Stock Up 0.7 %

Shares of HON traded up $1.34 during mid-day trading on Friday, hitting $197.69. 6,308,906 shares of the company’s stock were exchanged, compared to its average volume of 3,125,959. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The firm has a fifty day moving average of $199.07 and a two-hundred day moving average of $194.27. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The stock has a market cap of $128.93 billion, a price-to-earnings ratio of 23.34, a P/E/G ratio of 2.24 and a beta of 1.02.

Honeywell International (NASDAQ:HONGet Free Report) last posted its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. During the same period last year, the business posted $2.52 EPS. Honeywell International’s revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts forecast that Honeywell International Inc. will post 9.96 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 1st will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.45% of the company’s stock.

Honeywell International Profile

(Free Report)

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.

Further Reading

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

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