Hyman Charles D Acquires 3,555 Shares of Honeywell International Inc. (NASDAQ:HON)

Hyman Charles D lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 10.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 37,606 shares of the conglomerate’s stock after acquiring an additional 3,555 shares during the period. Hyman Charles D’s holdings in Honeywell International were worth $7,886,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HON. Industrial Alliance Investment Management Inc. increased its position in Honeywell International by 1,205.8% in the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock valued at $627,000 after acquiring an additional 3,135 shares in the last quarter. Jag Capital Management LLC grew its position in shares of Honeywell International by 40.8% during the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock worth $299,000 after buying an additional 469 shares during the period. Shulman DeMeo Asset Management LLC grew its position in shares of Honeywell International by 11.1% during the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after buying an additional 169 shares during the period. Boyd Watterson Asset Management LLC OH grew its position in shares of Honeywell International by 0.3% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after buying an additional 89 shares during the period. Finally, Ferguson Wellman Capital Management Inc. grew its position in shares of Honeywell International by 1.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after buying an additional 8,493 shares during the period. 75.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other 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 sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related 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 transaction, the chief financial officer now directly 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 SEC, which can be accessed through this hyperlink. Also, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the transaction, the director now directly owns 183,400 shares in the company, valued at $36,164,646. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON traded up $1.20 during trading on Wednesday, reaching $198.05. The company’s stock had a trading volume of 1,788,255 shares, compared to its average volume of 3,000,908. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $128.97 billion, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The firm has a 50 day moving average price of $197.55 and a 200 day moving average price of $196.94.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.07 EPS. As a group, equities analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm 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 dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Thursday, May 16th. Honeywell International’s payout ratio is 50.06%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Barclays boosted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada reduced their price objective on 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 reaffirmed 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. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Finally, Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.