Honeywell International Inc. $HON Stake Raised by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 456,350 shares of the conglomerate’s stock after acquiring an additional 5,366 shares during the period. Honeywell International accounts for approximately 1.6% of Crawford Investment Counsel Inc.’s portfolio, making the stock its 20th biggest holding. Crawford Investment Counsel Inc.’s holdings in Honeywell International were worth $96,062,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HON. Barnes Dennig Private Wealth Management LLC raised its stake in Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 118 shares in the last quarter. Howard Hughes Medical Institute bought a new position in shares of Honeywell International in the second quarter worth $33,000. Cedar Mountain Advisors LLC grew its stake in shares of Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 84 shares in the last quarter. SJS Investment Consulting Inc. increased its holdings in shares of Honeywell International by 833.3% during the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock valued at $35,000 after purchasing an additional 150 shares during the period. Finally, Cloud Capital Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at $35,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Up 0.5%

Shares of HON stock opened at $234.50 on Friday. The stock has a 50-day simple moving average of $229.78 and a 200 day simple moving average of $212.34. The stock has a market capitalization of $149.07 billion, a P/E ratio of 29.35, a P/E/G ratio of 3.39 and a beta of 0.92. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The firm had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. During the same period in the previous year, the business earned $2.47 earnings per share. Honeywell International’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Friday, February 27th. Honeywell International’s payout ratio is presently 59.57%.

Wall Street Analyst Weigh In

HON has been the topic of a number of recent analyst reports. Citigroup lifted their price objective on shares of Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Jefferies Financial Group raised their target price on shares of Honeywell International from $240.00 to $245.00 and gave the company a “hold” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group boosted their price target on shares of Honeywell International from $236.00 to $262.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. BNP Paribas Exane upped their price target on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Finally, Sanford C. Bernstein set a $255.00 price objective on shares of Honeywell International in a report on Friday, January 16th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and a consensus price target of $251.65.

Insider Buying and Selling

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,190 shares of company stock worth $4,244,287 over the last quarter. Insiders own 0.20% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.