Honeywell International Inc. (NASDAQ:HON) Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 61.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,257 shares of the conglomerate’s stock after buying an additional 855 shares during the period. Benjamin Edwards Inc.’s holdings in Honeywell International were worth $473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cordant Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $31,000. Rakuten Securities Inc. 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 last quarter. Finally, Raleigh Capital Management Inc. lifted its stake in shares of Honeywell International by 42.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock valued at $47,000 after purchasing an additional 76 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction dated 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 completion of the sale, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction dated 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 completion of the sale, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’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 sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON traded up $2.17 during mid-day trading on Friday, reaching $195.81. 2,251,099 shares of the stock were exchanged, compared to its average volume of 3,035,006. The stock has a market capitalization of $127.51 billion, a P/E ratio of 22.69, a P/E/G ratio of 2.25 and a beta of 1.02. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a 50 day simple moving average of $197.76 and a 200-day simple moving average of $196.51. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period last year, the firm posted $2.07 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be paid a dividend of $1.08 per share. The ex-dividend date is Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.21%. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Barclays boosted their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada cut their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $215.71.

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.