Honeywell International Inc. (NASDAQ:HON) Shares Bought by Lyell Wealth Management LP

Lyell Wealth Management LP raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.5% during the fourth quarter, HoldingsChannel reports. The firm owned 50,117 shares of the conglomerate’s stock after buying an additional 250 shares during the period. Honeywell International comprises about 1.2% of Lyell Wealth Management LP’s investment portfolio, making the stock its 28th biggest holding. Lyell Wealth Management LP’s holdings in Honeywell International were worth $10,510,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Industrial Alliance Investment Management Inc. raised its holdings in Honeywell International by 1,205.8% during the third quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock worth $627,000 after purchasing an additional 3,135 shares in the last quarter. Jag Capital Management LLC raised its holdings in Honeywell International by 40.8% during the third quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock worth $299,000 after purchasing an additional 469 shares in the last quarter. Shulman DeMeo Asset Management LLC raised its holdings in Honeywell International by 11.1% during the fourth quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after purchasing an additional 169 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its holdings in Honeywell International by 1.7% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after purchasing an additional 8,493 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in Honeywell International during the third quarter worth about $203,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Honeywell International Price Performance

Shares of HON stock traded down $1.37 during trading hours on Wednesday, hitting $194.79. The company’s stock had a trading volume of 3,576,760 shares, compared to its average volume of 3,007,525. The business has a fifty day moving average of $198.35 and a 200-day moving average of $196.25. The stock has a market cap of $126.84 billion, a price-to-earnings ratio of 23.00, a P/E/G ratio of 2.24 and a beta of 1.02. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month 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.

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. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.52 earnings per share. As a group, equities research analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

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

Analyst Upgrades and Downgrades

HON has been the subject of several analyst reports. 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 report on Tuesday, April 16th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada lowered their target price on shares of 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. Finally, Barclays upped their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $219.67.

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.