Bryn Mawr Capital Management LLC Acquires 3,705 Shares of Honeywell International Inc. (NASDAQ:HON)

Bryn Mawr Capital Management LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 22.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,469 shares of the conglomerate’s stock after purchasing an additional 3,705 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Honeywell International were worth $4,292,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HON. Morton Capital Management LLC CA raised its stake in shares of Honeywell International by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after buying an additional 50 shares during the period. Wayfinding Financial LLC raised its stake in shares of Honeywell International by 3.4% during the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after buying an additional 50 shares during the period. Indiana Trust & Investment Management CO raised its stake in Honeywell International by 0.9% in the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock valued at $1,167,000 after purchasing an additional 50 shares during the last quarter. River Street Advisors LLC raised its stake in Honeywell International by 2.0% in the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock valued at $545,000 after purchasing an additional 50 shares during the last quarter. Finally, Triton Wealth Management PLLC raised its stake in Honeywell International by 4.7% in the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock valued at $233,000 after purchasing an additional 51 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HON has been the subject of several recent research reports. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday. Royal Bank of Canada reduced their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. Barclays increased their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $219.67.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ:HON opened at $193.45 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The business has a fifty day moving average of $198.18 and a two-hundred day moving average of $196.27. The stock has a market cap of $125.97 billion, a P/E ratio of 22.42, a PEG 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.

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

Honeywell International Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio is presently 50.06%.

Insider Transactions at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.41% of the company’s stock.

About Honeywell International

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.