Honeywell International Inc. $HON Position Lifted by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 456,350 shares of the conglomerate’s stock after acquiring an additional 5,366 shares during the period. Honeywell International comprises approximately 1.6% of Crawford Investment Counsel Inc.’s holdings, making the stock its 20th biggest position. Crawford Investment Counsel Inc. owned 0.07% of Honeywell International worth $96,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Barnes Dennig Private Wealth Management LLC raised its stake in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in Honeywell International in the second quarter worth about $33,000. Cedar Mountain Advisors LLC increased its holdings in Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares during the last quarter. SJS Investment Consulting Inc. increased its holdings in Honeywell International by 833.3% in the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock valued at $35,000 after buying an additional 150 shares during the last quarter. Finally, Cloud Capital Management LLC acquired a new stake in Honeywell International during the third quarter valued at approximately $35,000. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Robert D. Mailloux sold 5,274 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the transaction, the vice president directly owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. This trade represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,190 shares of company stock worth $4,244,287 over the last ninety days. 0.20% of the stock is owned by corporate insiders.

Honeywell International Stock Performance

Shares of HON stock opened at $234.50 on Friday. The company has a market cap of $149.07 billion, a P/E ratio of 29.35, a PEG ratio of 3.39 and a beta of 0.92. The business has a 50 day moving average of $229.78 and a two-hundred day moving average of $212.34. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $248.18. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The business had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.47 EPS. As a group, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $1.19 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.0%. Honeywell International’s dividend payout ratio (DPR) is currently 59.57%.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on Honeywell International from $273.00 to $292.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. boosted their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. BNP Paribas Exane upped their price target on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Robert W. Baird raised their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Finally, Vertical Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective for the company. in a report on Monday, January 5th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.65.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.