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

Ellsworth Advisors LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.4% in the 4th quarter, HoldingsChannel reports. The fund owned 9,177 shares of the conglomerate’s stock after buying an additional 217 shares during the quarter. Ellsworth Advisors LLC’s holdings in Honeywell International were worth $1,925,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Moneta Group Investment Advisors LLC boosted its position in shares of Honeywell International by 101,603.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock valued at $1,223,139,000 after purchasing an additional 5,701,989 shares during the period. Barclays PLC boosted its position in shares of Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after purchasing an additional 1,162,518 shares during the period. Deutsche Bank AG boosted its position in shares of Honeywell International by 80.7% in the 1st quarter. Deutsche Bank AG now owns 1,838,191 shares of the conglomerate’s stock valued at $351,315,000 after purchasing an additional 821,001 shares during the period. Van ECK Associates Corp boosted its position in shares of Honeywell International by 853.0% in the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock valued at $163,980,000 after purchasing an additional 794,489 shares during the period. Finally, BlackRock Inc. boosted its position in shares of Honeywell International by 1.8% in the 2nd quarter. BlackRock Inc. now owns 43,079,893 shares of the conglomerate’s stock valued at $8,939,078,000 after purchasing an additional 753,256 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction that occurred on 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 directly 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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.45% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. 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. Wells Fargo & Company increased their price objective on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Barclays increased their price objective on Honeywell International from $225.00 to $230.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $220.89.

Honeywell International Stock Performance

Shares of HON stock traded up $0.12 during trading hours on Friday, reaching $205.25. 3,594,210 shares of the company’s stock were exchanged, compared to its average volume of 2,914,256. The company has a market cap of $133.86 billion, a P/E ratio of 24.23, a price-to-earnings-growth ratio of 2.31 and a beta of 1.02. The company’s 50 day moving average is $199.02 and its two-hundred day moving average is $195.08. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93.

Honeywell International (NASDAQ:HON) last issued its 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 business had revenue of $9.44 billion during 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 in the prior year, the business posted $2.52 EPS. Equities research analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Announces Dividend

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

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.