Northcape Wealth Management LLC Buys 184 Shares of Honeywell International Inc. (NASDAQ:HON)

Northcape Wealth Management LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,850 shares of the conglomerate’s stock after purchasing an additional 184 shares during the period. Northcape Wealth Management LLC’s holdings in Honeywell International were worth $1,856,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HON. Industrial Alliance Investment Management Inc. lifted its position in shares of Honeywell International by 1,205.8% in the third quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock worth $627,000 after buying an additional 3,135 shares in the last quarter. Jag Capital Management LLC raised its position in shares of Honeywell International by 40.8% during the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock valued at $299,000 after buying an additional 469 shares in the last quarter. Shulman DeMeo Asset Management LLC raised its position in Honeywell International by 11.1% during the fourth quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock valued at $354,000 after purchasing an additional 169 shares during the period. Boyd Watterson Asset Management LLC OH lifted its stake in shares of Honeywell International by 0.3% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock valued at $5,624,000 after purchasing an additional 89 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. boosted its holdings in shares of Honeywell International by 1.7% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after purchasing an additional 8,493 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON traded down $1.04 during mid-day trading on Tuesday, reaching $192.73. 3,127,683 shares of the stock were exchanged, compared to its average volume of 3,012,040. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66. The business’s 50 day moving average is $198.11 and its 200-day moving average is $196.47. The company has a market capitalization of $125.50 billion, a P/E ratio of 22.33, a P/E/G ratio of 2.21 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.07 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 2.24%. Honeywell International’s dividend payout ratio is currently 50.06%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Barclays increased their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada decreased their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $215.71.

Insider Activity at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now owns 183,400 shares in the company, valued at $36,164,646. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate 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.