Integral Investment Advisors Inc. Lowers Stock Position in Honeywell International Inc. (NASDAQ:HON)

Integral Investment Advisors Inc. lowered its position in Honeywell International Inc. (NASDAQ:HON) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,282 shares of the conglomerate’s stock after selling 199 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Honeywell International were worth $688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in HON. Morgan Stanley lifted its stake in shares of Honeywell International by 1.6% during the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate’s stock worth $3,275,277,000 after purchasing an additional 241,992 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Honeywell International by 5.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock valued at $1,292,307,000 after buying an additional 347,808 shares during the period. Northern Trust Corp lifted its position in Honeywell International by 4.3% during the 3rd quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after acquiring an additional 263,640 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Honeywell International by 101,603.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock worth $1,223,139,000 after acquiring an additional 5,701,989 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Honeywell International by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,555,331 shares of the conglomerate’s stock valued at $656,812,000 after acquiring an additional 34,135 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the transaction, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the topic of a number of recent research reports. Royal Bank of Canada reduced 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. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a research note on Tuesday. Finally, Barclays increased their price target on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average price target of $219.67.

Honeywell International Stock Up 0.3 %

NASDAQ:HON traded up $0.58 during mid-day trading on Thursday, reaching $190.94. The stock had a trading volume of 1,259,863 shares, compared to its average volume of 2,994,169. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The company has a market capitalization of $124.34 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The stock’s 50 day simple moving average is $198.41 and its two-hundred day simple moving average is $195.82.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping the consensus estimate of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The company had revenue of $9.44 billion during the quarter, compared to analyst estimates of $9.70 billion. During the same quarter last year, the firm earned $2.52 EPS. The business’s revenue was up 2.8% on a year-over-year basis. Equities analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.26%. Honeywell International’s payout ratio is currently 51.00%.

About Honeywell International

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.