Honeywell International Inc. $HON Shares Bought by Becker Capital Management Inc.

Becker Capital Management Inc. lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,055 shares of the conglomerate’s stock after acquiring an additional 2,595 shares during the period. Becker Capital Management Inc.’s holdings in Honeywell International were worth $18,115,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC lifted its position in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after buying an additional 118 shares during the last quarter. Howard Hughes Medical Institute acquired a new stake in Honeywell International during the second quarter worth about $33,000. Cedar Mountain Advisors LLC lifted its holdings 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 during the last quarter. SJS Investment Consulting Inc. boosted its stake in Honeywell International by 833.3% in the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock valued at $35,000 after acquiring an additional 150 shares during the period. Finally, Cloud Capital Management LLC bought a new position in shares of Honeywell International during the third quarter valued at approximately $35,000. 75.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Honeywell International

In related 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 transaction of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. The trade was a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert D. Mailloux sold 10,549 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 18,190 shares of company stock worth $4,244,287. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HON shares. Wall Street Zen upgraded Honeywell International to a “hold” rating in a research report on Saturday, January 3rd. JPMorgan Chase & Co. boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. HSBC lowered their price target on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, November 11th. Citigroup lifted their price objective on shares of Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, Vertical Research cut shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research report on Monday, January 5th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $249.48.

Honeywell International Stock Performance

Shares of HON opened at $248.04 on Tuesday. The firm has a market capitalization of $157.67 billion, a PE ratio of 31.04, a P/E/G ratio of 3.53 and a beta of 0.92. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. The firm has a 50-day moving average price of $222.12 and a 200 day moving average price of $211.02. Honeywell International Inc. has a 52-week low of $169.21 and a 52-week high of $248.18.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.47 EPS. On average, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a dividend of $1.19 per share. The ex-dividend date is Friday, February 27th. This represents a $4.76 annualized dividend and a dividend yield of 1.9%. Honeywell International’s dividend payout ratio (DPR) is 59.57%.

Honeywell International 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.