21,310 Shares in Honeywell International Inc. $HON Bought by First National Bank of Omaha

First National Bank of Omaha purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,310 shares of the conglomerate’s stock, valued at approximately $4,486,000.

A number of other hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp increased its position in Honeywell International by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 6,777,498 shares of the conglomerate’s stock worth $1,578,344,000 after buying an additional 48,968 shares during the period. Unisphere Establishment increased its holdings in shares of Honeywell International by 8.1% in the 2nd quarter. Unisphere Establishment now owns 4,000,000 shares of the conglomerate’s stock valued at $931,520,000 after acquiring an additional 300,000 shares during the period. Legal & General Group Plc boosted its stake in Honeywell International by 3.9% during the 2nd quarter. Legal & General Group Plc now owns 3,725,789 shares of the conglomerate’s stock worth $867,663,000 after purchasing an additional 138,235 shares during the period. Laurel Wealth Advisors LLC boosted its stake in Honeywell International by 23,503.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock worth $865,506,000 after purchasing an additional 3,700,786 shares during the period. Finally, Alliancebernstein L.P. grew its position in Honeywell International by 9.9% during the 2nd quarter. Alliancebernstein L.P. now owns 2,915,387 shares of the conglomerate’s stock worth $678,935,000 after purchasing an additional 263,043 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.5%

HON stock opened at $242.65 on Wednesday. The company has a 50 day moving average price of $213.74 and a two-hundred day moving average price of $209.46. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.05 and a current ratio of 1.32. The stock has a market capitalization of $154.06 billion, a P/E ratio of 30.37, a PEG ratio of 3.50 and a beta of 0.94. Honeywell International Inc. has a one year low of $169.21 and a one year high of $245.63.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. The firm had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. During the same quarter in the prior year, the business posted $2.47 earnings per share. Honeywell International’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $1.19 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. Honeywell International’s dividend payout ratio is 59.57%.

Insiders Place Their Bets

In other Honeywell International news, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the sale, the vice president owned 4,803 shares in the company, valued at $1,147,917. This trade represents a 52.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wall Street Zen raised Honeywell International to a “hold” rating in a research report on Saturday, January 3rd. Morgan Stanley lowered their price objective on shares of Honeywell International from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 28th. DZ Bank cut their price objective on shares of Honeywell International from $248.00 to $237.00 in a research report on Tuesday, December 23rd. JPMorgan Chase & Co. raised their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Finally, Argus lifted their target price on shares of Honeywell International from $225.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $244.50.

About Honeywell International

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.