Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,214 shares of the conglomerate’s stock after buying an additional 806 shares during the quarter. Honeywell International accounts for about 1.7% of Stockman Wealth Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Stockman Wealth Management Inc.’s holdings in Honeywell International were worth $8,433,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after buying an additional 1,162,518 shares during the period. International Assets Investment Management LLC boosted its stake in Honeywell International by 6,557.2% during the 4th quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock valued at $197,266,000 after purchasing an additional 926,531 shares during the period. Van ECK Associates Corp grew its position in Honeywell International by 853.0% in the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock worth $163,980,000 after purchasing an additional 794,489 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its holdings in Honeywell International by 51.3% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock worth $346,365,000 after buying an additional 636,104 shares in the last quarter. Finally, California Public Employees Retirement System increased its position in Honeywell International by 27.5% in the 4th quarter. California Public Employees Retirement System now owns 1,739,695 shares of the conglomerate’s stock valued at $364,831,000 after acquiring an additional 375,158 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

Honeywell International stock traded up $1.32 during midday trading on Monday, hitting $195.58. The company’s stock had a trading volume of 2,366,907 shares, compared to its average volume of 3,005,167. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The stock’s 50-day moving average price is $198.31 and its 200-day moving average price is $196.18. The company has a market capitalization of $127.36 billion, a PE ratio of 23.09, a price-to-earnings-growth ratio of 2.23 and a beta of 1.02.

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

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Insider Buying and Selling

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barclays boosted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Royal Bank of Canada lowered their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. Finally, Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $219.67.

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.