Lynch & Associates IN lowered its holdings in Honeywell International Inc. (NYSE:HON) by 1.0% in the 4th quarter, HoldingsChannel reports. The fund owned 35,255 shares of the conglomerate’s stock after selling 340 shares during the quarter. Honeywell International comprises approximately 2.0% of Lynch & Associates IN’s portfolio, making the stock its 17th largest holding. Lynch & Associates IN’s holdings in Honeywell International were worth $5,407,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HON. Burt Wealth Advisors grew its holdings in Honeywell International by 65.4% during the 2nd quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 300 shares in the last quarter. Guidant Wealth Advisors grew its holdings in Honeywell International by 15.8% during the 2nd quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 104 shares in the last quarter. Mosaic Family Wealth LLC grew its holdings in Honeywell International by 11.4% during the 2nd quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 78 shares in the last quarter. Mascoma Wealth Management LLC grew its holdings in Honeywell International by 113.2% during the 3rd quarter. Mascoma Wealth Management LLC now owns 806 shares of the conglomerate’s stock valued at $114,000 after purchasing an additional 428 shares in the last quarter. Finally, Invictus RG acquired a new stake in Honeywell International during the 3rd quarter valued at $117,000. 76.52% of the stock is owned by institutional investors.

Honeywell International Inc. (NYSE HON) opened at $147.90 on Friday. Honeywell International Inc. has a 52 week low of $119.64 and a 52 week high of $165.13. The company has a current ratio of 1.38, a quick ratio of 1.13 and a debt-to-equity ratio of 0.72. The company has a market cap of $110,509.45, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 2.06 and a beta of 0.96.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, January 26th. The conglomerate reported $1.85 EPS for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.01. Honeywell International had a net margin of 4.08% and a return on equity of 27.27%. The firm had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the prior year, the firm posted $1.74 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year. equities research analysts predict that Honeywell International Inc. will post 7.97 earnings per share for the current fiscal year.

Honeywell International declared that its board has approved a share buyback plan on Friday, December 8th that authorizes the company to buyback $6.50 billion in outstanding shares. This buyback authorization authorizes the conglomerate to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 23rd will be paid a dividend of $0.745 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $2.98 dividend on an annualized basis and a yield of 2.01%. Honeywell International’s dividend payout ratio (DPR) is 143.27%.

HON has been the subject of a number of recent analyst reports. Argus raised their price target on shares of Honeywell International from $160.00 to $170.00 and gave the company a “buy” rating in a report on Friday, December 22nd. Vertical Research reaffirmed a “buy” rating on shares of Honeywell International in a report on Friday, October 20th. Cowen reaffirmed a “buy” rating and set a $150.00 price target on shares of Honeywell International in a report on Thursday, October 19th. Deutsche Bank reaffirmed a “buy” rating and set a $171.00 price target on shares of Honeywell International in a report on Tuesday, November 28th. Finally, Jefferies Group raised their price target on shares of Honeywell International from $162.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, December 14th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $163.93.

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Honeywell International Company Profile

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

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

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