Thrivent Financial for Lutherans Has $123.33 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Thrivent Financial for Lutherans boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 6.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 546,030 shares of the conglomerate’s stock after buying an additional 33,618 shares during the period. Thrivent Financial for Lutherans’ holdings in Honeywell International were worth $123,333,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA lifted its position in shares of Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after acquiring an additional 2,611 shares in the last quarter. Coordinated Financial Services Inc. acquired a new stake in Honeywell International during the 4th quarter valued at $361,000. Costello Asset Management INC purchased a new stake in shares of Honeywell International in the fourth quarter valued at $3,092,000. Raymond James Financial Inc. acquired a new stake in shares of Honeywell International in the fourth quarter worth $435,786,000. Finally, Dynasty Wealth Management LLC grew its holdings in shares of Honeywell International by 52.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate’s stock valued at $2,559,000 after buying an additional 3,879 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research reports. Jefferies Financial Group raised their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Citigroup lowered their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Finally, Royal Bank of Canada reduced their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus target price of $249.38.

Honeywell International Trading Up 0.5 %

NASDAQ:HON opened at $210.42 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $214.82 and its 200-day moving average is $216.60. The firm has a market cap of $136.76 billion, a price-to-earnings ratio of 24.16, a P/E/G ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77.

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 analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. Honeywell International’s dividend payout ratio is 51.89%.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is currently owned by corporate insiders.

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.