Honeywell International Inc. (NASDAQ:HON) Stock Position Raised by Xponance Inc.

Xponance Inc. lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,511 shares of the conglomerate’s stock after acquiring an additional 3,880 shares during the period. Xponance Inc.’s holdings in Honeywell International were worth $18,771,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in HON. Ironwood Wealth Management LLC. grew its holdings in Honeywell International by 2.9% in the 1st quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock valued at $700,000 after buying an additional 100 shares during the last quarter. Fairfield Bush & CO. grew its holdings in Honeywell International by 5.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock valued at $1,864,000 after buying an additional 492 shares during the last quarter. United Bank grew its holdings in Honeywell International by 25.0% in the 1st quarter. United Bank now owns 8,404 shares of the conglomerate’s stock valued at $1,635,000 after buying an additional 1,683 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Honeywell International by 31.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock valued at $151,949,000 after buying an additional 187,936 shares during the last quarter. Finally, AMI Investment Management Inc. grew its holdings in Honeywell International by 16.8% in the 1st quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock valued at $224,000 after buying an additional 165 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HON shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday. Royal Bank of Canada cut their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $219.67.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the transaction, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Honeywell International Stock Up 0.4 %

HON traded up $0.72 on Thursday, hitting $191.08. 1,954,253 shares of the company were exchanged, compared to its average volume of 3,003,692. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a market cap of $124.43 billion, a PE ratio of 22.47, a PEG ratio of 2.18 and a beta of 1.02. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The stock’s fifty day moving average is $198.41 and its 200-day moving average is $195.82.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.01. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. Honeywell International’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.52 earnings per share. Equities research analysts predict that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Thursday, February 29th. Honeywell International’s payout ratio is 51.00%.

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.