GYL Financial Synergies LLC purchased a new stake in Honeywell International Inc. (NYSE:HON) in the fourth quarter, Holdings Channel reports. The firm purchased 2,195 shares of the conglomerate’s stock, valued at approximately $290,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HON. Riverview Trust Co acquired a new position in Honeywell International during the fourth quarter valued at approximately $31,000. Semmax Financial Advisors Inc. acquired a new position in Honeywell International during the fourth quarter valued at approximately $33,000. IMS Capital Management acquired a new position in Honeywell International during the third quarter valued at approximately $53,000. Vectors Research Management LLC raised its position in Honeywell International by 31.0% during the fourth quarter. Vectors Research Management LLC now owns 423 shares of the conglomerate’s stock valued at $56,000 after purchasing an additional 100 shares in the last quarter. Finally, Clarus Wealth Advisors raised its position in Honeywell International by 48.4% during the fourth quarter. Clarus Wealth Advisors now owns 457 shares of the conglomerate’s stock valued at $60,000 after purchasing an additional 149 shares in the last quarter. Institutional investors own 75.65% of the company’s stock.

Shares of Honeywell International stock opened at $160.85 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. Honeywell International Inc. has a twelve month low of $123.48 and a twelve month high of $167.72. The firm has a market capitalization of $117.78 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 2.27 and a beta of 1.10.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, February 1st. The conglomerate reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.03. Honeywell International had a net margin of 16.18% and a return on equity of 33.36%. The company had revenue of $9.73 billion for the quarter, compared to analysts’ expectations of $9.72 billion. During the same quarter in the previous year, the firm posted $1.85 earnings per share. Honeywell International’s revenue for the quarter was down 10.3% on a year-over-year basis. As a group, sell-side analysts predict that Honeywell International Inc. will post 7.95 earnings per share for the current fiscal year.

In related news, insider Timothy O. Mahoney sold 73,352 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $154.30, for a total value of $11,318,213.60. Following the sale, the insider now owns 305,505 shares of the company’s stock, valued at $47,139,421.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Linnet F. Deily sold 4,234 shares of the business’s stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $148.75, for a total transaction of $629,807.50. Following the completion of the sale, the director now directly owns 11,369 shares in the company, valued at approximately $1,691,138.75. The disclosure for this sale can be found here. Insiders own 0.73% of the company’s stock.

Several brokerages have commented on HON. Zacks Investment Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Tuesday. UBS Group reaffirmed a “top pick” rating on shares of Honeywell International in a research note on Thursday, January 10th. Royal Bank of Canada raised shares of Honeywell International from a “sector perform” rating to an “outperform” rating and set a $148.00 target price on the stock in a research note on Thursday, January 3rd. Credit Suisse Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $132.06 target price on the stock in a research note on Thursday, January 3rd. Finally, Barclays decreased their target price on shares of Honeywell International from $178.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, December 17th. Five research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Honeywell International has an average rating of “Buy” and a consensus target price of $169.32.

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Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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