Honeywell International Inc. (NYSE:HON) Shares Acquired by Larson Financial Group LLC

Larson Financial Group LLC grew its position in Honeywell International Inc. (NYSE:HON) by 5,800.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 354 shares of the conglomerate’s stock after acquiring an additional 348 shares during the quarter. Larson Financial Group LLC’s holdings in Honeywell International were worth $60,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of HON. Joseph P. Lucia & Associates LLC acquired a new stake in shares of Honeywell International during the first quarter worth $25,000. Lenox Wealth Advisors LLC lifted its holdings in shares of Honeywell International by 453.8% during the second quarter. Lenox Wealth Advisors LLC now owns 144 shares of the conglomerate’s stock worth $25,000 after purchasing an additional 118 shares during the period. Krane Funds Advisors LLC acquired a new stake in shares of Honeywell International during the second quarter worth $25,000. Mackey Komara & Dankovich LLC acquired a new stake in shares of Honeywell International during the first quarter worth $29,000. Finally, Mcmillion Capital Management Inc. acquired a new stake in shares of Honeywell International during the second quarter worth $31,000. 75.77% of the stock is owned by institutional investors and hedge funds.

In other news, Director Jaime Chico Pardo sold 7,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $165.92, for a total value of $1,161,440.00. Following the completion of the transaction, the director now owns 7,103 shares in the company, valued at $1,178,529.76. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Darius Adamczyk sold 7,149 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $165.08, for a total value of $1,180,156.92. Following the completion of the transaction, the chairman now owns 75,521 shares of the company’s stock, valued at approximately $12,467,006.68. The disclosure for this sale can be found here. Insiders sold 25,133 shares of company stock valued at $4,141,655 in the last quarter. 0.73% of the stock is currently owned by company insiders.

HON has been the subject of several recent research reports. Jefferies Financial Group increased their price target on Honeywell International from $190.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, July 19th. JPMorgan Chase & Co. increased their price target on Honeywell International from $178.00 to $184.00 and gave the stock an “overweight” rating in a report on Thursday. Citigroup increased their price target on Honeywell International from $189.00 to $197.00 and gave the stock a “buy” rating in a report on Monday, September 9th. Barclays increased their price target on Honeywell International from $186.00 to $187.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. Finally, Zacks Investment Research cut Honeywell International from a “hold” rating to a “sell” rating and set a $169.00 price objective for the company. in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $184.09.

NYSE:HON opened at $163.53 on Friday. The stock has a fifty day moving average price of $165.08 and a two-hundred day moving average price of $168.14. The stock has a market capitalization of $117.66 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 2.13 and a beta of 1.10. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 1.19. Honeywell International Inc. has a 1 year low of $123.48 and a 1 year high of $178.47.

Honeywell International (NYSE:HON) last released its quarterly earnings data on Thursday, July 18th. The conglomerate reported $2.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.08 by $0.02. The firm had revenue of $9.24 billion during the quarter, compared to analysts’ expectations of $9.37 billion. Honeywell International had a return on equity of 32.02% and a net margin of 18.17%. Honeywell International’s revenue was down 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 earnings per share. On average, analysts predict that Honeywell International Inc. will post 8.09 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $0.90 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $3.60 annualized dividend and a yield of 2.20%. Honeywell International’s dividend payout ratio is presently 40.95%.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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