Capital Advisors Ltd. LLC Acquires 99 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Ltd. LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,625 shares of the conglomerate’s stock after buying an additional 99 shares during the period. Capital Advisors Ltd. LLC’s holdings in Honeywell International were worth $539,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HON. Woodmont Investment Counsel LLC raised its stake in shares of Honeywell International by 10.3% during the first quarter. Woodmont Investment Counsel LLC now owns 6,311 shares of the conglomerate’s stock valued at $1,295,000 after acquiring an additional 590 shares in the last quarter. Exchange Capital Management Inc. raised its stake in shares of Honeywell International by 19.1% during the first quarter. Exchange Capital Management Inc. now owns 20,649 shares of the conglomerate’s stock valued at $4,238,000 after acquiring an additional 3,313 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of Honeywell International by 0.7% during the first quarter. Farmers & Merchants Investments Inc. now owns 70,207 shares of the conglomerate’s stock valued at $14,410,000 after acquiring an additional 478 shares in the last quarter. Iams Wealth Management LLC raised its stake in shares of Honeywell International by 5.5% during the first quarter. Iams Wealth Management LLC now owns 8,983 shares of the conglomerate’s stock valued at $1,775,000 after acquiring an additional 466 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Honeywell International by 12.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 162,774 shares of the conglomerate’s stock valued at $33,409,000 after acquiring an additional 18,300 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several research analyst reports. Royal Bank of Canada decreased their price target on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating for the company in a research note on Tuesday, June 4th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Citigroup lifted their price target on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Finally, Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $224.75.

Honeywell International Stock Performance

Shares of HON traded up $2.28 during trading hours on Tuesday, reaching $213.23. 1,908,081 shares of the company traded hands, compared to its average volume of 2,931,328. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $218.36. 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 stock has a market capitalization of $138.85 billion, a P/E ratio of 24.68, a P/E/G ratio of 2.23 and a beta of 1.04. The business has a fifty day moving average price of $204.15 and a 200-day moving average price of $201.47.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period in the prior year, the company earned $2.07 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Equities analysts anticipate that Honeywell International Inc. will post 10.11 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were given a $1.08 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.03%. Honeywell International’s dividend payout ratio (DPR) is currently 50.06%.

Insiders Place Their Bets

In related news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction dated Wednesday, May 15th. The shares were 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 owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.

Honeywell International 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.