Financial Planning Hawaii Inc. Makes New Investment in Honeywell International Inc. $HON

Financial Planning Hawaii Inc. acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,487 shares of the conglomerate’s stock, valued at approximately $485,000.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after purchasing an additional 2,629 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of Honeywell International by 18.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares during the last quarter. Greenwich Wealth Management LLC bought a new stake in shares of Honeywell International during the 2nd quarter worth approximately $208,000. Finally, VestGen Advisors LLC raised its stake in shares of Honeywell International by 13.2% during the 2nd quarter. VestGen Advisors LLC now owns 7,627 shares of the conglomerate’s stock worth $1,765,000 after purchasing an additional 888 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction on Friday, January 30th. The stock was 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 owned 4,803 shares of the company’s stock, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. The trade was a 7.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 18,190 shares of company stock worth $4,244,287. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.2%

Honeywell International stock opened at $223.48 on Tuesday. The company’s 50-day moving average price is $233.47 and its two-hundred day moving average price is $213.06. 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 stock has a market cap of $142.06 billion, a P/E ratio of 27.97, a P/E/G ratio of 3.23 and a beta of 0.92. Honeywell International Inc. has a twelve month low of $169.21 and a twelve month high of $248.18.

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

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid 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%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Sanford C. Bernstein set a $255.00 target price on shares of Honeywell International in a research note on Friday, January 16th. BNP Paribas Exane upped their price target on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. BMO Capital Markets assumed coverage on shares of Honeywell International in a research note on Friday. They issued an “outperform” rating and a $273.00 price target for the company. Morgan Stanley lifted their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Thursday, March 12th. Finally, Rothschild & Co Redburn boosted their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.54.

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.