NTV Asset Management LLC Acquires 55 Shares of Honeywell International Inc. (NASDAQ:HON)

NTV Asset Management LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,722 shares of the conglomerate’s stock after buying an additional 55 shares during the period. NTV Asset Management LLC’s holdings in Honeywell International were worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Connecticut Wealth Management LLC increased its position in shares of Honeywell International by 17.7% in the fourth quarter. Connecticut Wealth Management LLC now owns 5,993 shares of the conglomerate’s stock valued at $1,257,000 after buying an additional 900 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Honeywell International during the fourth quarter worth $202,000. FourThought Financial Partners LLC raised its position in Honeywell International by 2.6% during the fourth quarter. FourThought Financial Partners LLC now owns 29,212 shares of the conglomerate’s stock worth $6,126,000 after acquiring an additional 727 shares during the period. TCG Advisory Services LLC lifted its holdings in Honeywell International by 27.4% during the fourth quarter. TCG Advisory Services LLC now owns 20,998 shares of the conglomerate’s stock valued at $4,403,000 after purchasing an additional 4,518 shares in the last quarter. Finally, Claris Advisors LLC MO acquired a new stake in shares of Honeywell International in the fourth quarter valued at about $210,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Thursday. 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. Royal Bank of Canada dropped their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $215.71.

Insider Activity at Honeywell International

In related news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were 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 directly owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The disclosure for this sale can be found here. 0.41% of the stock is owned by insiders.

Honeywell International Stock Up 1.1 %

HON stock traded up $2.17 during trading on Friday, hitting $195.81. 2,251,381 shares of the company’s stock were exchanged, compared to its average volume of 2,992,784. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. The business has a 50-day moving average price of $197.66 and a two-hundred day moving average price of $196.74. The stock has a market capitalization of $127.51 billion, a price-to-earnings ratio of 22.69, a PEG ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.07 earnings per share. As a group, equities research analysts expect that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 annualized dividend and a yield of 2.21%. Honeywell International’s dividend payout ratio is currently 50.06%.

Honeywell International 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.