Honeywell International Inc. (NASDAQ:HON) Shares Bought by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. grew its stake in Honeywell International Inc. (NASDAQ:HONFree Report) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,851 shares of the conglomerate’s stock after acquiring an additional 75 shares during the quarter. Honeywell International comprises approximately 1.7% of Pettyjohn Wood & White Inc.’s investment portfolio, making the stock its 18th biggest position. Pettyjohn Wood & White Inc.’s holdings in Honeywell International were worth $7,728,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HON. Altshuler Shaham Ltd purchased a new stake in Honeywell International in the fourth quarter valued at $27,000. Cordant Inc. purchased a new position in Honeywell International during the fourth quarter worth about $31,000. Rakuten Securities Inc. acquired a new stake in shares of Honeywell International during the fourth quarter valued at about $31,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International in the 4th quarter valued at approximately $37,000. Finally, True Wealth Design LLC lifted its holdings in shares of Honeywell International by 44.1% in the 4th quarter. True Wealth Design LLC now owns 206 shares of the conglomerate’s stock worth $43,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.1 %

Shares of NASDAQ HON traded up $0.13 during midday trading on Thursday, hitting $208.63. 1,959,361 shares of the company’s stock were exchanged, compared to its average volume of 2,901,233. The company has a market cap of $135.86 billion, a PE ratio of 24.17, a P/E/G ratio of 2.24 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $211.63. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The firm’s fifty day simple moving average is $199.75 and its 200-day simple moving average is $200.14.

Honeywell International (NASDAQ:HONGet Free Report) 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. Research analysts predict that Honeywell International Inc. will post 10.24 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were given a dividend of $1.08 per share. The ex-dividend date was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.07%. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Insider Activity

In other news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were 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 $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the sale, the director now owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction dated 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. Corporate insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on HON shares. Barclays lifted their target price 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. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Royal Bank of Canada lowered their price objective on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating for the company in a research note on Tuesday, June 4th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International has an average rating of “Moderate Buy” and an average target price of $224.75.

View Our Latest Research Report on HON

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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