Bank of New Hampshire Has $727,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Bank of New Hampshire lowered its stake in Honeywell International Inc. (NASDAQ:HONFree Report) by 38.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,542 shares of the conglomerate’s stock after selling 2,206 shares during the period. Bank of New Hampshire’s holdings in Honeywell International were worth $727,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Honeywell International by 3.7% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 18,251 shares of the conglomerate’s stock valued at $3,746,000 after acquiring an additional 650 shares during the last quarter. Banque Cantonale Vaudoise raised its stake in shares of Honeywell International by 1.0% during the first quarter. Banque Cantonale Vaudoise now owns 28,337 shares of the conglomerate’s stock valued at $5,816,000 after acquiring an additional 279 shares during the last quarter. Legacy Private Trust Co. raised its stake in shares of Honeywell International by 3.6% during the first quarter. Legacy Private Trust Co. now owns 2,850 shares of the conglomerate’s stock valued at $585,000 after acquiring an additional 100 shares during the last quarter. Czech National Bank raised its stake in shares of Honeywell International by 0.4% during the first quarter. Czech National Bank now owns 115,996 shares of the conglomerate’s stock valued at $23,808,000 after acquiring an additional 513 shares during the last quarter. Finally, Stableford Capital II LLC raised its stake in shares of Honeywell International by 4.8% during the first quarter. Stableford Capital II LLC now owns 4,435 shares of the conglomerate’s stock valued at $910,000 after acquiring an additional 205 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on HON shares. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Citigroup lifted their target price on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Barclays lifted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $224.75.

Get Our Latest Research Report on Honeywell International

Honeywell International Stock Up 0.0 %

Honeywell International stock traded up $0.09 during midday trading on Friday, hitting $214.23. 2,483,960 shares of the stock were exchanged, compared to its average volume of 2,899,582. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $216.08. The stock has a market capitalization of $139.50 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03. The business’s 50-day moving average price is $201.24 and its 200-day moving average price is $200.73. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HONGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share 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 business had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same period in the previous year, the company earned $2.07 earnings per share. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, research analysts expect that Honeywell International Inc. will post 10.24 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were paid a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.02%. Honeywell International’s dividend payout ratio is presently 50.06%.

Insiders Place Their Bets

In other news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction on 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 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 filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction on 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 owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction 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 disclosure for this sale can be found here. Corporate 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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