Capital Advisors Inc. OK Raises Stock Holdings in Honeywell International Inc. $HON

Capital Advisors Inc. OK increased its stake in Honeywell International Inc. (NASDAQ:HON) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 317,642 shares of the conglomerate’s stock after purchasing an additional 22,996 shares during the period. Capital Advisors Inc. OK’s holdings in Honeywell International were worth $61,969,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC lifted its stake in Honeywell International by 15,459.1% during the fourth quarter. SG Americas Securities LLC now owns 4,057,960 shares of the conglomerate’s stock worth $791,667,000 after purchasing an additional 4,031,879 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Honeywell International by 28.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after purchasing an additional 2,277,234 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Honeywell International by 130.0% during the 3rd quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after buying an additional 1,042,972 shares in the last quarter. Two Sigma Investments LP raised its holdings in shares of Honeywell International by 424.3% during the 3rd quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock valued at $242,865,000 after buying an additional 933,694 shares in the last quarter. Finally, Boston Partners lifted its position in Honeywell International by 21.6% in the 3rd quarter. Boston Partners now owns 3,535,270 shares of the conglomerate’s stock worth $744,054,000 after buying an additional 626,960 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wolfe Research raised Honeywell International from a “peer perform” rating to an “outperform” rating and set a $293.00 target price for the company in a research note on Friday, February 27th. Mizuho lowered their price objective on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Jefferies Financial Group upped their price objective on shares of Honeywell International from $240.00 to $245.00 and gave the company a “hold” rating in a research note on Wednesday, March 4th. Barclays increased their target price on shares of Honeywell International from $259.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Finally, Daiwa Securities Group boosted their price target on shares of Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $252.54.

Insider Transactions at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Robert D. Mailloux sold 10,549 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the transaction, the vice president owned 4,803 shares in the company, valued at approximately $1,099,887. This represents a 68.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,190 shares of company stock worth $4,244,287 in the last 90 days. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $226.03 on Wednesday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The stock has a 50 day moving average price of $233.69 and a two-hundred day moving average price of $213.16. The company has a market capitalization of $143.68 billion, a P/E ratio of 28.29, a PEG ratio of 3.23 and a beta of 0.92.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The firm had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter last year, the business earned $2.47 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. Analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is 59.57%.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.