Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Slow Capital Inc.

Slow Capital Inc. raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 34,891 shares of the conglomerate’s stock after buying an additional 370 shares during the quarter. Honeywell International comprises approximately 1.3% of Slow Capital Inc.’s holdings, making the stock its 17th largest holding. Slow Capital Inc.’s holdings in Honeywell International were worth $7,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of HON. Cordant Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $31,000. True Wealth Design LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $31,000. Financial Connections Group Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $37,000. TFO Wealth Partners LLC lifted its stake in shares of Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock valued at $41,000 after purchasing an additional 114 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $46,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by insiders.

Honeywell International Price Performance

Shares of Honeywell International stock traded down $0.56 during trading hours on Wednesday, reaching $190.16. 735,936 shares of the company’s stock were exchanged, compared to its average volume of 2,995,204. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a market capitalization of $123.83 billion, a P/E ratio of 22.44, a price-to-earnings-growth ratio of 2.22 and a beta of 1.02. The business has a fifty day moving average of $198.48 and a two-hundred day moving average of $195.86. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business had revenue of $9.44 billion during the quarter, compared to analyst estimates of $9.70 billion. During the same quarter in the prior year, the firm earned $2.52 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, research analysts predict that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio is currently 51.00%.

Analyst Ratings Changes

Several equities analysts recently issued reports on HON shares. Royal Bank of Canada decreased their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Wells Fargo & Company boosted their price target on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 19th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a report on Tuesday. Finally, Barclays boosted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $219.67.

About Honeywell International

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.