Honeywell International Inc. (NASDAQ:HON) Shares Purchased by CAPROCK Group Inc.

CAPROCK Group Inc. lifted its holdings in Honeywell International Inc. (NASDAQ:HONGet Rating) by 4.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,485 shares of the conglomerate’s stock after purchasing an additional 210 shares during the quarter. CAPROCK Group Inc.’s holdings in Honeywell International were worth $873,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC boosted its position in shares of Honeywell International by 24.9% in the 4th quarter. Fisher Asset Management LLC now owns 186,654 shares of the conglomerate’s stock worth $38,919,000 after purchasing an additional 37,270 shares in the last quarter. Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in Honeywell International during the 4th quarter worth about $134,000. Horizon Investments LLC lifted its position in Honeywell International by 3.7% during the 4th quarter. Horizon Investments LLC now owns 13,617 shares of the conglomerate’s stock worth $2,839,000 after acquiring an additional 481 shares during the period. NN Investment Partners Holdings N.V. lifted its position in Honeywell International by 10.0% during the 4th quarter. NN Investment Partners Holdings N.V. now owns 37,444 shares of the conglomerate’s stock worth $7,807,000 after acquiring an additional 3,400 shares during the period. Finally, Edge Capital Group LLC lifted its position in Honeywell International by 156.2% during the 4th quarter. Edge Capital Group LLC now owns 60,806 shares of the conglomerate’s stock worth $12,679,000 after acquiring an additional 37,070 shares during the period. 74.27% of the stock is owned by hedge funds and other institutional investors.

In other Honeywell International news, CEO Darius Adamczyk sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $194.52, for a total transaction of $7,780,800.00. Following the completion of the sale, the chief executive officer now directly owns 165,015 shares in the company, valued at approximately $32,098,717.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.45% of the stock is owned by insiders.

Shares of Honeywell International stock opened at $177.73 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.66. Honeywell International Inc. has a twelve month low of $174.42 and a twelve month high of $236.86. The business has a 50-day moving average price of $191.34 and a 200 day moving average price of $193.98. The firm has a market cap of $120.99 billion, a PE ratio of 23.60, a P/E/G ratio of 2.16 and a beta of 1.05.

Honeywell International (NASDAQ:HONGet Rating) last announced its quarterly earnings results on Friday, April 29th. The conglomerate reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.05. Honeywell International had a return on equity of 30.04% and a net margin of 15.30%. The firm had revenue of $8.38 billion during the quarter, compared to analyst estimates of $8.29 billion. During the same quarter in the previous year, the business earned $1.92 EPS. Honeywell International’s revenue for the quarter was down .9% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 8.68 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 3rd. Investors of record on Friday, May 13th were paid a $0.98 dividend. The ex-dividend date was Thursday, May 12th. This represents a $3.92 annualized dividend and a dividend yield of 2.21%. Honeywell International’s dividend payout ratio is presently 52.06%.

A number of analysts have commented on the company. TheStreet cut Honeywell International from a “b” rating to a “c+” rating in a research report on Friday, April 29th. Morgan Stanley lowered their price target on Honeywell International from $216.00 to $194.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 31st. StockNews.com assumed coverage on Honeywell International in a research report on Thursday, March 31st. They set a “hold” rating for the company. Citigroup boosted their price objective on Honeywell International from $229.00 to $232.00 in a report on Monday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Honeywell International from $243.00 to $230.00 and set a “buy” rating for the company in a report on Thursday, April 14th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $227.69.

Honeywell International Profile (Get Rating)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.

Further Reading

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

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