Lantz Financial LLC Purchases 8,051 Shares of Honeywell International Inc. $HON

Lantz Financial LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 544.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,531 shares of the conglomerate’s stock after acquiring an additional 8,051 shares during the quarter. Lantz Financial LLC’s holdings in Honeywell International were worth $1,859,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new stake in Honeywell International during the 4th quarter worth about $25,000. Howard Hughes Medical Institute bought a new position in shares of Honeywell International in the 2nd quarter valued at about $33,000. Barnes Dennig Private Wealth Management LLC boosted its stake in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $31,000. Finally, Cedar Mountain Advisors LLC grew its position in shares of Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after buying an additional 84 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $223.12 on Monday. The company’s 50 day simple moving average is $233.39 and its 200 day simple moving average is $213.00. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The firm has a market capitalization of $141.83 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 3.23 and a beta of 0.92. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03.

Honeywell International (NASDAQ:HONGet Free Report) last issued its earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.54 by $0.05. The firm had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.47 earnings per share. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $1.19 dividend. The ex-dividend date was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s dividend payout ratio is currently 59.57%.

Key Stories Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

Insiders Place Their Bets

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the transaction, the director directly owned 31,081 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the sale, the vice president owned 4,803 shares of the company’s stock, valued at $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 18,190 shares of company stock valued at $4,244,287. 0.41% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

HON has been the topic of several analyst reports. Wolfe Research upgraded shares of Honeywell International from a “peer perform” rating to an “outperform” rating and set a $293.00 price objective on the stock in a report on Friday, February 27th. Mizuho lowered their target price on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Rothschild & Co Redburn upped their target price on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Wall Street Zen raised Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. Finally, Daiwa Securities Group raised their price target on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $252.54.

Get Our Latest Research Report on Honeywell International

Honeywell International Profile

(Free Report)

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.

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

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