Mcdaniel Terry & Co. Has $31.68 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Mcdaniel Terry & Co. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,246 shares of the conglomerate’s stock after purchasing an additional 4,656 shares during the period. Honeywell International comprises 2.6% of Mcdaniel Terry & Co.’s holdings, making the stock its 16th largest holding. Mcdaniel Terry & Co.’s holdings in Honeywell International were worth $31,680,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Sunpointe LLC grew its position in shares of Honeywell International by 10.0% during the 4th quarter. Sunpointe LLC now owns 1,421 shares of the conglomerate’s stock worth $321,000 after purchasing an additional 129 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Honeywell International by 3.1% during the 4th quarter. Private Advisor Group LLC now owns 88,468 shares of the conglomerate’s stock worth $19,984,000 after acquiring an additional 2,627 shares in the last quarter. Hudson Value Partners LLC boosted its position in shares of Honeywell International by 24.6% during the 4th quarter. Hudson Value Partners LLC now owns 2,857 shares of the conglomerate’s stock worth $645,000 after acquiring an additional 564 shares in the last quarter. Lyell Wealth Management LP boosted its position in shares of Honeywell International by 2.5% during the 4th quarter. Lyell Wealth Management LP now owns 51,169 shares of the conglomerate’s stock worth $11,559,000 after acquiring an additional 1,230 shares in the last quarter. Finally, Plan Group Financial LLC boosted its position in shares of Honeywell International by 103.8% during the 4th quarter. Plan Group Financial LLC now owns 3,884 shares of the conglomerate’s stock worth $877,000 after acquiring an additional 1,978 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on HON shares. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. The Goldman Sachs Group raised their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Barclays cut their target price on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Price Performance

HON stock opened at $210.81 on Thursday. The company has a fifty day moving average price of $221.07 and a 200-day moving average price of $215.19. The company has a market capitalization of $137.08 billion, a P/E ratio of 24.20, a PEG ratio of 2.41 and a beta of 1.05. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, equities analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International’s dividend payout ratio is presently 51.89%.

Honeywell International 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.