Honeywell International Inc. (NASDAQ:HON) Shares Bought by Sand Hill Global Advisors LLC

Sand Hill Global Advisors LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,726 shares of the conglomerate’s stock after buying an additional 110 shares during the period. Sand Hill Global Advisors LLC’s holdings in Honeywell International were worth $7,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in HON. Morton Capital Management LLC CA lifted its position in Honeywell International by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock valued at $1,077,000 after purchasing an additional 50 shares during the last quarter. Wayfinding Financial LLC raised its holdings in shares of Honeywell International by 3.4% during the fourth quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock valued at $317,000 after buying an additional 50 shares during the last quarter. Indiana Trust & Investment Management CO boosted its position in shares of Honeywell International by 0.9% during the fourth quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock worth $1,167,000 after buying an additional 50 shares during the period. River Street Advisors LLC increased its position in Honeywell International by 2.0% in the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock valued at $545,000 after acquiring an additional 50 shares during the period. Finally, Triton Wealth Management PLLC raised its stake in Honeywell International by 4.7% during the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock valued at $233,000 after acquiring an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

HON stock traded down $0.71 on Wednesday, hitting $202.80. 2,013,266 shares of the company’s stock traded hands, compared to its average volume of 2,942,186. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The stock has a market cap of $132.06 billion, a price-to-earnings ratio of 23.50, a P/E/G ratio of 2.36 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The stock has a fifty day moving average of $198.34 and a 200-day moving average of $198.48.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.07 EPS. On average, analysts forecast that Honeywell International Inc. will post 9.93 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date is Thursday, May 16th. Honeywell International’s dividend payout ratio is presently 50.06%.

Insiders Place Their Bets

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 transaction of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of a number of research analyst reports. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Barclays raised 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. 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 for the company in a report on Friday, February 2nd. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $215.71.

About Honeywell International

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.