Gryphon Financial Partners LLC Buys 3,653 Shares of Honeywell International Inc. (NASDAQ:HON)

Gryphon Financial Partners LLC raised its stake in Honeywell International Inc. (NASDAQ:HONFree Report) by 211.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,384 shares of the conglomerate’s stock after buying an additional 3,653 shares during the quarter. Gryphon Financial Partners LLC’s holdings in Honeywell International were worth $1,130,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HON. Ameriprise Financial Inc. lifted its position in shares of Honeywell International by 5.2% in the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after purchasing an additional 347,808 shares in the last quarter. Northern Trust Corp lifted its position in shares of Honeywell International by 4.3% in the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after purchasing an additional 263,640 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Honeywell International by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,621,544 shares of the conglomerate’s stock worth $759,474,000 after purchasing an additional 66,213 shares in the last quarter. Adage Capital Partners GP L.L.C. lifted its position in shares of Honeywell International by 51.3% in the third quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock worth $346,365,000 after purchasing an additional 636,104 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of Honeywell International by 6.9% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,807,046 shares of the conglomerate’s stock worth $333,834,000 after purchasing an additional 116,027 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the transaction, the director now directly owns 203,510 shares in the company, valued at $41,507,899.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the sale, the director now directly 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. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Price Performance

NASDAQ:HON opened at $202.19 on Friday. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The company has a market cap of $131.66 billion, a P/E ratio of 23.43, a P/E/G ratio of 2.28 and a beta of 1.02. The firm’s fifty day moving average price is $198.50 and its two-hundred day moving average price is $199.09. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28.

Honeywell International (NASDAQ:HONGet Free Report) last released its quarterly earnings data 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 firm had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same period in the previous year, the company earned $2.07 earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis. Equities analysts expect that Honeywell International Inc. will post 9.93 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be paid a $1.08 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.14%. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Analyst Ratings Changes

Several analysts have issued reports on HON shares. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. Royal Bank of Canada dropped their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Barclays upped their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. One investment 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. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus target price of $215.71.

Check Out Our Latest Report on HON

About Honeywell International

(Free Report)

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.

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

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