Capital Advisors Ltd. LLC Has $539,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Ltd. LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,625 shares of the conglomerate’s stock after buying an additional 99 shares during the period. Capital Advisors Ltd. LLC’s holdings in Honeywell International were worth $539,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Woodmont Investment Counsel LLC lifted its position in Honeywell International by 10.3% during the 1st quarter. Woodmont Investment Counsel LLC now owns 6,311 shares of the conglomerate’s stock worth $1,295,000 after buying an additional 590 shares in the last quarter. Exchange Capital Management Inc. lifted its position in Honeywell International by 19.1% during the 1st quarter. Exchange Capital Management Inc. now owns 20,649 shares of the conglomerate’s stock valued at $4,238,000 after purchasing an additional 3,313 shares during the period. Farmers & Merchants Investments Inc. lifted its position in Honeywell International by 0.7% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 70,207 shares of the conglomerate’s stock valued at $14,410,000 after purchasing an additional 478 shares during the period. Iams Wealth Management LLC lifted its position in Honeywell International by 5.5% during the 1st quarter. Iams Wealth Management LLC now owns 8,983 shares of the conglomerate’s stock valued at $1,775,000 after purchasing an additional 466 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in Honeywell International by 12.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 162,774 shares of the conglomerate’s stock valued at $33,409,000 after purchasing an additional 18,300 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 1.1 %

NASDAQ:HON traded up $2.28 during trading hours on Tuesday, reaching $213.23. 1,908,081 shares of the stock were exchanged, compared to its average volume of 2,931,328. The stock has a market cap of $138.85 billion, a PE ratio of 24.68, a PEG ratio of 2.23 and a beta of 1.04. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $218.36. The firm has a 50 day moving average of $204.15 and a 200 day moving average of $201.47.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm’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. On average, equities analysts expect that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were issued a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend was Thursday, May 16th. Honeywell International’s payout ratio is presently 50.06%.

Insider Activity

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction 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 Securities & Exchange Commission, which is available at the SEC website. In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction on 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 owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on 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 transaction, the director now owns 203,510 shares in the company, valued at approximately $41,507,899.60. The disclosure for this sale can be found here. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HON. UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and upped their target price for the company from $175.00 to $215.00 in a research report on Monday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Citigroup upped their price target on Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $224.75.

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.