Blair William & Co. IL Has $54.24 Million Stake in Honeywell International Inc. $HON

Blair William & Co. IL decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 9.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 257,661 shares of the conglomerate’s stock after selling 28,382 shares during the quarter. Blair William & Co. IL’s holdings in Honeywell International were worth $54,238,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Unisphere Establishment increased its stake in Honeywell International by 8.1% during the second 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 lifted its position in shares of Honeywell International by 3.9% in the 2nd quarter. Legal & General Group Plc now owns 3,725,789 shares of the conglomerate’s stock worth $867,663,000 after acquiring an additional 138,235 shares during the period. Laurel Wealth Advisors LLC grew its holdings in shares of 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 in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Honeywell International by 5.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,253,411 shares of the conglomerate’s stock worth $684,805,000 after purchasing an additional 174,665 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Honeywell International by 9.9% during the second quarter. Alliancebernstein L.P. now owns 2,915,387 shares of the conglomerate’s stock valued at $678,935,000 after purchasing an additional 263,043 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $235.29 on Friday. The business’s fifty day moving average price is $225.66 and its two-hundred day moving average price is $211.74. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The stock has a market capitalization of $149.57 billion, a price-to-earnings ratio of 29.45, a price-to-earnings-growth ratio of 3.41 and a beta of 0.92. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03.

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

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is currently 59.57%.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the company’s 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 sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 18,190 shares of company stock worth $4,244,287. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Jefferies Financial Group boosted their price target on shares of Honeywell International from $240.00 to $245.00 and gave the company a “hold” rating in a report on Wednesday. Mizuho dropped their price objective on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Rothschild & Co Redburn raised their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Finally, Barclays lifted their target price on shares of Honeywell International from $259.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.22.

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.