Honeywell International Inc. (NASDAQ:HON) Shares Bought by Intrust Bank NA

Intrust Bank NA lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 9.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,758 shares of the conglomerate’s stock after purchasing an additional 1,040 shares during the quarter. Intrust Bank NA’s holdings in Honeywell International were worth $2,466,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of HON. Barclays PLC boosted its holdings in Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after acquiring an additional 1,162,518 shares during the period. International Assets Investment Management LLC boosted its stake in shares of 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 buying an additional 926,531 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Honeywell International by 853.0% during the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock valued at $163,980,000 after buying an additional 794,489 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of Honeywell International by 51.3% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock valued at $346,365,000 after buying an additional 636,104 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in shares of Honeywell International by 27.5% during 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 buying an additional 375,158 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON traded up $0.32 during trading hours on Monday, hitting $193.77. The company had a trading volume of 2,589,871 shares, compared to its average volume of 3,001,896. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The business has a fifty day simple moving average of $198.18 and a 200-day simple moving average of $196.40. The firm has a market cap of $126.18 billion, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period last year, the company earned $2.07 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts predict that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.23%. Honeywell International’s payout ratio is 50.06%.

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HON shares. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday. Barclays upped their price target on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada dropped their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average target price of $215.71.

Honeywell International Company 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.