1,402 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Olympiad Research LP

Olympiad Research LP purchased a new stake in Honeywell International Inc. (NASDAQ:HONFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,402 shares of the conglomerate’s stock, valued at approximately $294,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Morton Capital Management LLC CA increased its position in Honeywell International by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock valued at $1,077,000 after acquiring an additional 50 shares in the last quarter. Wayfinding Financial LLC increased its position in Honeywell International by 3.4% in the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock valued at $317,000 after acquiring an additional 50 shares in the last quarter. Indiana Trust & Investment Management CO increased its position in Honeywell International by 0.9% in the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock valued at $1,167,000 after acquiring an additional 50 shares in the last quarter. River Street Advisors LLC grew its position in shares of Honeywell International by 2.0% during the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock worth $545,000 after buying an additional 50 shares during the period. Finally, Triton Wealth Management PLLC grew its position in shares of Honeywell International by 4.7% during the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock worth $233,000 after buying an additional 51 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Up 1.2 %

NASDAQ:HON traded up $2.28 on Thursday, reaching $199.35. 703,731 shares of the stock traded hands, compared to its average volume of 2,905,406. The firm has a market capitalization of $129.81 billion, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 2.30 and a beta of 1.02. The company’s 50 day moving average is $198.48 and its 200-day moving average is $198.97. 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 1-year low of $174.88 and a 1-year high of $210.87.

Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.07 EPS. Equities research analysts anticipate that Honeywell International Inc. will post 9.93 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, May 16th. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Royal Bank of Canada decreased their price objective 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. Barclays boosted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $215.71.

Read Our Latest Report on Honeywell International

Insider Transactions at Honeywell International

In other news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.

Honeywell International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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