Navalign LLC Buys 56 Shares of Honeywell International Inc. (NASDAQ:HON)

Navalign LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,883 shares of the conglomerate’s stock after acquiring an additional 56 shares during the quarter. Navalign LLC’s holdings in Honeywell International were worth $1,234,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HON. State Street Corp boosted its stake in shares of Honeywell International by 0.5% in the 2nd quarter. State Street Corp now owns 30,982,913 shares of the conglomerate’s stock worth $6,428,954,000 after buying an additional 146,701 shares during the last quarter. Morgan Stanley boosted its position in Honeywell International by 1.6% in the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate’s stock worth $3,275,277,000 after purchasing an additional 241,992 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Honeywell International by 5.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock valued at $1,292,307,000 after purchasing an additional 347,808 shares during the period. Northern Trust Corp increased its holdings in Honeywell International by 4.3% during the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after buying an additional 263,640 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC increased its stake 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 worth $1,223,139,000 after purchasing an additional 5,701,989 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Activity at Honeywell International

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

Honeywell International Price Performance

Shares of Honeywell International stock traded up $0.12 on Thursday, reaching $205.25. The stock had a trading volume of 3,594,060 shares, compared to its average volume of 3,084,538. The business’s 50 day moving average is $199.02 and its two-hundred day moving average is $195.08. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a market cap of $133.86 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, beating the consensus estimate of $2.59 by $0.01. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm earned $2.52 EPS. As a group, research analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.10%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is 51.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. 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 report on Friday, February 2nd. Barclays increased their price target on Honeywell International from $225.00 to $230.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Wells Fargo & Company increased their target price on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $220.89.

About Honeywell International

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.