Lyell Wealth Management LP Has $10.51 Million Position in Honeywell International Inc. (NASDAQ:HON)

Lyell Wealth Management LP grew its stake in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,117 shares of the conglomerate’s stock after buying an additional 250 shares during the period. Honeywell International accounts for about 1.2% of Lyell Wealth Management LP’s holdings, making the stock its 28th biggest holding. Lyell Wealth Management LP’s holdings in Honeywell International were worth $10,510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Bailard Inc. grew its stake in Honeywell International by 2.4% in the fourth quarter. Bailard Inc. now owns 13,432 shares of the conglomerate’s stock valued at $2,817,000 after acquiring an additional 316 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its stake in shares of Honeywell International by 4.5% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 14,230 shares of the conglomerate’s stock valued at $2,984,000 after buying an additional 611 shares during the period. Atria Wealth Solutions Inc. raised its stake in shares of Honeywell International by 4.3% during the 4th quarter. Atria Wealth Solutions Inc. now owns 37,576 shares of the conglomerate’s stock valued at $7,880,000 after purchasing an additional 1,564 shares during the period. Capital Advisors Ltd. LLC raised its stake in shares of Honeywell International by 3.5% during the 4th quarter. Capital Advisors Ltd. LLC now owns 2,526 shares of the conglomerate’s stock valued at $530,000 after purchasing an additional 86 shares during the period. Finally, Wynn Capital LLC bought a new stake in shares of Honeywell International during the 4th quarter valued at $727,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 0.7 %

HON traded down $1.37 during trading on Wednesday, hitting $194.79. 3,576,760 shares of the company’s stock traded hands, compared to its average volume of 3,007,525. The stock has a market capitalization of $126.84 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 2.24 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 company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The company’s 50 day simple moving average is $198.35 and its two-hundred day simple moving average is $196.25.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The firm had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the business posted $2.52 EPS. Analysts predict that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a dividend of $1.08 per share. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.22%. Honeywell International’s dividend payout ratio is presently 51.00%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Barclays upped 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. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Royal Bank of Canada decreased their target price 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. Finally, Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $219.67.

Insider Buying and Selling at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the transaction, the director now owns 183,400 shares in the company, valued at $36,164,646. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

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.