Register Financial Advisors LLC Grows Position in Honeywell International Inc. $HON

Register Financial Advisors LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 382.7% in the 4th quarter, HoldingsChannel reports. The fund owned 17,623 shares of the conglomerate’s stock after acquiring an additional 13,972 shares during the quarter. Honeywell International comprises about 1.3% of Register Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Register Financial Advisors LLC’s holdings in Honeywell International were worth $3,438,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Holos Integrated Wealth LLC purchased a new position in Honeywell International in the fourth quarter worth $25,000. Howard Hughes Medical Institute purchased a new position in Honeywell International in the second quarter worth $33,000. Barnes Dennig Private Wealth Management LLC raised its position in Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 118 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Honeywell International in the third quarter worth $31,000. Finally, Cedar Mountain Advisors LLC raised its position in Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HON shares. Daiwa Securities Group increased their price objective on Honeywell International from $230.00 to $240.00 in a research report on Tuesday, February 3rd. BNP Paribas Exane raised their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Honeywell International from $273.00 to $292.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Rothschild & Co Redburn raised their price target on Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. raised their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $251.83.

Insider Activity

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director owned 31,081 shares in the company, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Robert D. Mailloux sold 5,274 shares of Honeywell International stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,147,917. This represents a 52.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,190 shares of company stock valued at $4,244,287 in the last 90 days. 0.20% of the stock is owned by company insiders.

Honeywell International Price Performance

NASDAQ:HON opened at $228.21 on Tuesday. The firm has a market cap of $145.07 billion, a price-to-earnings ratio of 28.56, a price-to-earnings-growth ratio of 3.32 and a beta of 0.93. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 1.81. The company’s 50-day moving average is $234.31 and its two-hundred day moving average is $213.66. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $248.18.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The company had revenue of $10.07 billion for the quarter, compared to analyst estimates of $9.60 billion. During the same period in the prior year, the firm earned $2.47 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. Research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $1.19 dividend. The ex-dividend date was Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.1%. Honeywell International’s payout ratio is 59.57%.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.