BKD Wealth Advisors LLC grew its position in shares of Honeywell International Inc. (NYSE:HON) by 24.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,722 shares of the conglomerate’s stock after purchasing an additional 1,141 shares during the period. BKD Wealth Advisors LLC’s holdings in Honeywell International were worth $878,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Burt Wealth Advisors raised its stake in shares of Honeywell International by 65.4% in the second quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after acquiring an additional 300 shares in the last quarter. Mosaic Family Wealth LLC raised its stake in shares of Honeywell International by 11.4% in the second quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after acquiring an additional 78 shares in the last quarter. Mascoma Wealth Management LLC raised its stake in shares of Honeywell International by 113.2% in the third quarter. Mascoma Wealth Management LLC now owns 806 shares of the conglomerate’s stock valued at $114,000 after acquiring an additional 428 shares in the last quarter. Invictus RG acquired a new stake in shares of Honeywell International in the third quarter valued at $117,000. Finally, First Personal Financial Services raised its stake in shares of Honeywell International by 25.4% in the second quarter. First Personal Financial Services now owns 912 shares of the conglomerate’s stock valued at $122,000 after acquiring an additional 185 shares in the last quarter. Institutional investors own 76.08% of the company’s stock.
Several analysts have recently issued reports on the company. Stifel Nicolaus reiterated a “buy” rating and issued a $165.00 price objective on shares of Honeywell International in a research note on Friday. Barclays assumed coverage on Honeywell International in a research note on Thursday. They issued an “overweight” rating and a $170.00 price objective on the stock. ValuEngine upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. TheStreet cut Honeywell International from an “a+” rating to a “c+” rating in a research note on Friday, January 26th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $187.00 price objective on shares of Honeywell International in a research note on Friday, January 26th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Honeywell International has a consensus rating of “Buy” and a consensus price target of $165.67.
In other Honeywell International news, Director Linnet F. Deily sold 2,886 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $147.71, for a total transaction of $426,291.06. Following the transaction, the director now owns 9,105 shares of the company’s stock, valued at $1,344,899.55. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.56% of the company’s stock.
Honeywell International Inc. (NYSE:HON) opened at $154.03 on Friday. The company has a market capitalization of $116,570.00, a price-to-earnings ratio of 35.99, a P/E/G ratio of 2.16 and a beta of 0.96. The company has a quick ratio of 1.13, a current ratio of 1.38 and a debt-to-equity ratio of 0.72. Honeywell International Inc. has a twelve month low of $122.40 and a twelve month high of $165.13.
Honeywell International (NYSE:HON) last posted its earnings results on Friday, January 26th. The conglomerate reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. The firm had revenue of $10.84 billion for the quarter, compared to analyst estimates of $10.80 billion. Honeywell International had a return on equity of 27.27% and a net margin of 4.08%. Honeywell International’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.74 earnings per share. equities analysts expect that Honeywell International Inc. will post 7.97 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 23rd will be issued a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Thursday, February 22nd. Honeywell International’s payout ratio is 69.63%.
Honeywell International declared that its Board of Directors has initiated a stock repurchase program on Friday, December 8th that permits the company to buyback $6.50 billion in outstanding shares. This buyback authorization permits the conglomerate to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.
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Honeywell International Company Profile
Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.
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