Honeywell International Inc. $HON Shares Acquired by Coastline Trust Co

Coastline Trust Co boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 58.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,213 shares of the conglomerate’s stock after buying an additional 4,153 shares during the period. Coastline Trust Co’s holdings in Honeywell International were worth $2,188,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares during the period. Acadian Asset Management LLC boosted its stake in Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after purchasing an additional 2,629 shares during the period. Schnieders Capital Management LLC. boosted its stake in Honeywell International by 18.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after purchasing an additional 1,223 shares during the period. Portside Wealth Group LLC grew its position in Honeywell International by 32.2% in the 2nd quarter. Portside Wealth Group LLC now owns 2,006 shares of the conglomerate’s stock worth $467,000 after purchasing an additional 489 shares during the last quarter. Finally, Greenland Capital Management LP increased its stake in shares of Honeywell International by 9.9% in the second quarter. Greenland Capital Management LP now owns 1,850 shares of the conglomerate’s stock valued at $431,000 after purchasing an additional 166 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Down 0.4%

HON stock opened at $229.02 on Friday. The firm has a market cap of $145.58 billion, a PE ratio of 28.66, a P/E/G ratio of 3.33 and a beta of 0.92. Honeywell International Inc. has a 12 month low of $169.21 and a 12 month high of $248.18. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $232.06 and a 200 day simple moving average of $212.69.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results 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. The firm had revenue of $10.07 billion for 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 firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.47 earnings per share. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a dividend of $1.19 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s payout ratio is 59.57%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HON shares. Rothschild & Co Redburn boosted their price objective on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a research note on Friday, January 16th. Royal Bank Of Canada lifted their price objective on shares of Honeywell International from $249.00 to $268.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Morgan Stanley increased their target price 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, The Goldman Sachs Group boosted their price target on shares of Honeywell International from $236.00 to $262.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $251.65.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 5,274 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 4,803 shares in the company, valued at approximately $1,147,917. The trade was a 52.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director D Scott Davis sold 2,367 shares of the company’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 sale, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 18,190 shares of company stock valued at $4,244,287. 0.20% of the stock is currently owned by company insiders.

Honeywell International Company 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.