Honeywell International Inc. (NASDAQ:HON) Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its position in Honeywell International Inc. (NASDAQ:HON) by 18.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,610 shares of the conglomerate’s stock after buying an additional 1,808 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Honeywell International were worth $2,435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new position in Honeywell International in the fourth quarter valued at $48,000. Greenleaf Trust boosted its holdings in Honeywell International by 0.3% in the fourth quarter. Greenleaf Trust now owns 110,896 shares of the conglomerate’s stock valued at $23,256,000 after purchasing an additional 339 shares during the period. Bigelow Investment Advisors LLC boosted its holdings in Honeywell International by 7.9% in the fourth quarter. Bigelow Investment Advisors LLC now owns 1,741 shares of the conglomerate’s stock valued at $365,000 after purchasing an additional 127 shares during the period. HTLF Bank purchased a new position in Honeywell International in the fourth quarter valued at $1,166,000. Finally, Lafayette Investments Inc. boosted its holdings in Honeywell International by 14.5% in the fourth quarter. Lafayette Investments Inc. now owns 3,940 shares of the conglomerate’s stock valued at $826,000 after purchasing an additional 500 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

HON stock traded up $3.18 during trading on Friday, hitting $194.26. The company had a trading volume of 3,570,010 shares, compared to its average volume of 2,522,228. The firm has a market cap of $126.50 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 2.19 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The firm has a 50-day moving average price of $198.35 and a 200-day moving average price of $195.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.52 EPS. On average, analysts expect that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s payout ratio is 51.00%.

Insiders Place Their Bets

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now 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 the SEC website. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a report on Tuesday. Royal Bank of Canada decreased their price target on 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 lifted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $219.67.

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.