Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Addison Advisors LLC

Addison Advisors LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 983 shares of the conglomerate’s stock after acquiring an additional 94 shares during the quarter. Addison Advisors LLC’s holdings in Honeywell International were worth $206,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HON. Patriot Financial Group Insurance Agency LLC grew its position in Honeywell International by 5.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,780 shares of the conglomerate’s stock worth $329,000 after buying an additional 89 shares during the last quarter. Connecticut Wealth Management LLC grew its position in Honeywell International by 176.6% in the third quarter. Connecticut Wealth Management LLC now owns 5,093 shares of the conglomerate’s stock worth $941,000 after buying an additional 3,252 shares during the last quarter. KRS Capital Management LLC grew its position in Honeywell International by 9.9% in the third quarter. KRS Capital Management LLC now owns 8,054 shares of the conglomerate’s stock worth $1,488,000 after buying an additional 727 shares during the last quarter. First Personal Financial Services grew its position in Honeywell International by 75.5% in the third quarter. First Personal Financial Services now owns 1,820 shares of the conglomerate’s stock worth $336,000 after buying an additional 783 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in Honeywell International by 4.4% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 19,336 shares of the conglomerate’s stock worth $3,572,000 after buying an additional 809 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of Honeywell International 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 completion of the sale, the director now owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.41% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HON shares. Barclays lifted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada reduced their target price 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Finally, StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $219.67.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ:HON traded up $0.43 during midday trading on Friday, hitting $193.45. 3,041,537 shares of the stock were exchanged, compared to its average volume of 2,666,853. The company has a market capitalization of $125.97 billion, a PE ratio of 22.42, a P/E/G ratio of 2.21 and a beta of 1.02. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.93 and a current ratio of 1.66. The business’s fifty day simple moving average is $198.18 and its two-hundred day simple moving average is $196.27.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business earned $2.07 EPS. As a group, research analysts predict that Honeywell International Inc. will post 9.96 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.23%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio is 50.06%.

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.