Fiduciary Group LLC Acquires 1,416 Shares of Honeywell International Inc. (NASDAQ:HON)

Fiduciary Group LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,666 shares of the conglomerate’s stock after purchasing an additional 1,416 shares during the quarter. Fiduciary Group LLC’s holdings in Honeywell International were worth $6,221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Magnus Financial Group LLC grew its stake in Honeywell International by 1.8% during the fourth quarter. Magnus Financial Group LLC now owns 7,740 shares of the conglomerate’s stock worth $1,623,000 after buying an additional 134 shares in the last quarter. HHM Wealth Advisors LLC boosted its position in shares of Honeywell International by 14.4% during the 4th quarter. HHM Wealth Advisors LLC now owns 954 shares of the conglomerate’s stock worth $200,000 after acquiring an additional 120 shares in the last quarter. Legacy Capital Wealth Partners LLC increased its stake in Honeywell International by 10.8% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 1,239 shares of the conglomerate’s stock valued at $260,000 after acquiring an additional 121 shares during the last quarter. Intellectus Partners LLC raised its position in Honeywell International by 2.4% during the fourth quarter. Intellectus Partners LLC now owns 9,950 shares of the conglomerate’s stock valued at $2,087,000 after purchasing an additional 234 shares in the last quarter. Finally, Mogy Joel R Investment Counsel Inc. bought a new stake in Honeywell International during the fourth quarter worth $210,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on HON shares. Royal Bank of Canada lowered their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Finally, Barclays raised their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $219.67.

Honeywell International Trading Up 0.2 %

Shares of NASDAQ:HON traded up $0.43 during midday trading on Friday, reaching $193.45. The company’s stock had a trading volume of 3,041,537 shares, compared to its average volume of 2,666,853. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.93 and a current ratio of 1.66. The firm has a 50 day moving average price of $198.18 and a two-hundred day moving average price of $196.34. The firm has a market capitalization of $125.97 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.21 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the firm posted $2.07 EPS. The company’s quarterly revenue was up 2.7% on a year-over-year basis. As a group, analysts forecast that Honeywell International Inc. will post 9.96 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.23%. Honeywell International’s payout ratio is presently 50.06%.

Insiders Place Their Bets

In other news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.41% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.