J.W. Cole Advisors Inc. Has $2.44 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

J.W. Cole Advisors Inc. lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 18.4% in the 4th quarter, Holdings Channel reports. The firm owned 11,610 shares of the conglomerate’s stock after buying an additional 1,808 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Honeywell International were worth $2,435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HON. Wetzel Investment Advisors Inc. acquired a new position in Honeywell International during the 4th quarter worth $48,000. Greenleaf Trust raised its position in shares of Honeywell International by 0.3% during the fourth quarter. Greenleaf Trust now owns 110,896 shares of the conglomerate’s stock valued at $23,256,000 after buying an additional 339 shares during the last quarter. Bigelow Investment Advisors LLC increased its stake in Honeywell International by 7.9% in the fourth quarter. Bigelow Investment Advisors LLC now owns 1,741 shares of the conglomerate’s stock valued at $365,000 after acquiring an additional 127 shares during the period. HTLF Bank bought a new stake in Honeywell International in the fourth quarter valued at about $1,166,000. Finally, Lafayette Investments Inc. increased its stake in Honeywell International by 14.5% in the fourth quarter. Lafayette Investments Inc. now owns 3,940 shares of the conglomerate’s stock valued at $826,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON traded up $3.18 during mid-day trading on Friday, hitting $194.26. 3,570,010 shares of the company traded hands, compared to its average volume of 2,522,228. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The business has a 50-day moving average of $198.35 and a 200 day moving average of $195.87. The stock has a market capitalization of $126.50 billion, a price-to-earnings ratio of 22.94, a PEG ratio of 2.19 and a beta of 1.02.

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

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.22%. Honeywell International’s dividend payout ratio is currently 51.00%.

Insider Activity at Honeywell International

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

Analyst Ratings Changes

A number of analysts recently weighed in on HON shares. Barclays upped their target price on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Royal Bank of Canada decreased their price objective 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, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus target price 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.