Honeywell International Inc. (NASDAQ:HON) Shares Bought by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,561 shares of the conglomerate’s stock after acquiring an additional 114 shares during the period. Main Street Financial Solutions LLC’s holdings in Honeywell International were worth $956,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HON. Altshuler Shaham Ltd purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $27,000. Cordant Inc. purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $31,000. Rakuten Securities Inc. purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $31,000. Financial Connections Group Inc. purchased a new position in shares of Honeywell International during the 4th quarter worth approximately $37,000. Finally, TFO Wealth Partners LLC increased its stake in shares of Honeywell International by 105.6% during the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after purchasing an additional 114 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the transaction, the director now owns 203,510 shares in the company, valued at approximately $41,507,899.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now owns 203,510 shares in the company, valued at approximately $41,507,899.60. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.3 %

Shares of NASDAQ HON traded down $0.65 during trading on Friday, hitting $205.97. 2,267,215 shares of the company traded hands, compared to its average volume of 2,886,022. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a 50-day moving average price of $198.17 and a 200-day moving average price of $198.15. The firm has a market capitalization of $134.13 billion, a P/E ratio of 23.87, a P/E/G ratio of 2.39 and a beta of 1.02. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.03 billion. During the same period in the previous year, the company earned $2.07 EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities analysts predict that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.10%. Honeywell International’s payout ratio is 50.06%.

Analyst Ratings Changes

Several research firms have commented on HON. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday. Barclays lifted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a research note 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 for the company 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 lifted their target price 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 assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $215.71.

Read Our Latest Stock Report on HON

About Honeywell International

(Free Report)

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.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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