Claris Advisors LLC MO Purchases Shares of 1,003 Honeywell International Inc. (NASDAQ:HON)

Claris Advisors LLC MO purchased a new stake in Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,003 shares of the conglomerate’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Fund Management LLC increased its holdings in shares of Honeywell International by 15.3% during the fourth quarter. Royal Fund Management LLC now owns 1,338 shares of the conglomerate’s stock valued at $281,000 after acquiring an additional 178 shares in the last quarter. AJOVista LLC bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $146,000. Baxter Bros Inc. increased its holdings in shares of Honeywell International by 0.7% during the fourth quarter. Baxter Bros Inc. now owns 36,537 shares of the conglomerate’s stock valued at $7,662,000 after acquiring an additional 252 shares in the last quarter. ARS Wealth Advisors Group LLC grew its holdings in Honeywell International by 4.5% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 72,444 shares of the conglomerate’s stock worth $15,192,000 after buying an additional 3,130 shares in the last quarter. Finally, Provence Wealth Management Group grew its holdings in Honeywell International by 24,300.0% during the fourth quarter. Provence Wealth Management Group now owns 1,220 shares of the conglomerate’s stock worth $256,000 after buying an additional 1,215 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON stock traded up $2.17 during mid-day trading on Friday, hitting $195.81. The company had a trading volume of 2,251,381 shares, compared to its average volume of 2,992,784. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The stock’s fifty day moving average price is $197.66 and its two-hundred day moving average price is $196.58. The firm has a market cap of $127.51 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter in the previous year, the firm posted $2.07 EPS. Honeywell International’s revenue was up 2.7% on a year-over-year basis. On average, analysts forecast that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.21%. Honeywell International’s payout ratio is 50.06%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Barclays upped 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. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada dropped their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $215.71.

Insider Buying and Selling

In related news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was 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 legal filing with the SEC, which is available at this hyperlink. In related news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was 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 legal filing with the SEC, which is available at this hyperlink. Also, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The disclosure for this sale can be found here. 0.41% of the stock is currently owned by insiders.

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.