KFA Private Wealth Group LLC Buys 139 Shares of Honeywell International Inc. (NASDAQ:HON)

KFA Private Wealth Group LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 5.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,646 shares of the conglomerate’s stock after acquiring an additional 139 shares during the period. KFA Private Wealth Group LLC’s holdings in Honeywell International were worth $555,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in Honeywell International by 5.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after acquiring an additional 347,808 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Honeywell International by 4.3% during the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock valued at $1,188,533,000 after purchasing an additional 263,640 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Honeywell International by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,555,331 shares of the conglomerate’s stock valued at $656,812,000 after buying an additional 34,135 shares during the period. Barclays PLC raised its stake in Honeywell International by 57.3% in the third quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after buying an additional 1,162,518 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its holdings in Honeywell International by 51.3% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock worth $346,365,000 after buying an additional 636,104 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $0.43 during trading on Friday, hitting $193.45. 3,041,356 shares of the company’s stock were exchanged, compared to its average volume of 3,018,941. 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 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The stock has a market capitalization of $125.97 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.23 and a beta of 1.02. The business has a 50-day simple moving average of $198.18 and a 200-day simple moving average of $196.27.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same quarter last year, the business posted $2.07 EPS. The company’s revenue was up 2.7% on a year-over-year basis. On average, research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is 51.00%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HON. Barclays upped their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Finally, Royal Bank of Canada cut their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. 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, Honeywell International presently has an average rating of “Hold” and a consensus target price of $219.67.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company 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.