Advisors Asset Management Inc. Has $3.19 Million Position in Honeywell International Inc. (NASDAQ:HON)

Advisors Asset Management Inc. lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,535 shares of the conglomerate’s stock after acquiring an additional 78 shares during the period. Advisors Asset Management Inc.’s holdings in Honeywell International were worth $3,189,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Torray Investment Partners LLC boosted its stake in shares of Honeywell International by 0.3% in the 4th quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock valued at $12,312,000 after purchasing an additional 190 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its position in Honeywell International by 0.3% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock valued at $5,624,000 after buying an additional 89 shares in the last quarter. Adell Harriman & Carpenter Inc. grew its stake in shares of Honeywell International by 2.1% during the fourth quarter. Adell Harriman & Carpenter Inc. now owns 57,231 shares of the conglomerate’s stock worth $12,002,000 after buying an additional 1,189 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Honeywell International by 2.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 225,185 shares of the conglomerate’s stock worth $47,224,000 after buying an additional 6,253 shares in the last quarter. Finally, Connectus Wealth LLC lifted its stake in shares of Honeywell International by 2.2% in the 4th quarter. Connectus Wealth LLC now owns 224,661 shares of the conglomerate’s stock valued at $47,128,000 after acquiring an additional 4,789 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.1 %

NASDAQ HON traded up $0.29 during mid-day trading on Friday, hitting $202.74. The company’s stock had a trading volume of 7,452,368 shares, compared to its average volume of 2,906,843. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The company’s 50 day simple moving average is $210.02 and its 200 day simple moving average is $202.53. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79. The firm has a market capitalization of $132.02 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 2.21 and a beta of 1.04.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm had revenue of $9.58 billion during the quarter, compared to analyst estimates of $9.41 billion. During the same period in the previous year, the company posted $2.23 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts anticipate that Honeywell International Inc. will post 10.27 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 16th will be issued a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.13%. Honeywell International’s dividend payout ratio is presently 50.06%.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 28,500 shares of the business’s 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 transaction, the director now directly 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 Securities & Exchange Commission, which is available through this link. In related news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction that occurred 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 sale, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gregory P. Lewis sold 25,209 shares of the 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 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 currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HON shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Friday. UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and raised their target price for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. Finally, Royal Bank of Canada cut their target price on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a report on Friday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and an average price target of $224.50.

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.