Schnieders Capital Management LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Schnieders Capital Management LLC increased its stake in Honeywell International Inc. (NASDAQ:HON) by 3.8% during the 4th quarter, HoldingsChannel reports. The firm owned 11,674 shares of the conglomerate’s stock after buying an additional 425 shares during the period. Schnieders Capital Management LLC’s holdings in Honeywell International were worth $2,448,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Legacy Capital Wealth Partners LLC bought a new position in shares of Honeywell International in the 3rd quarter worth approximately $207,000. Flagship Harbor Advisors LLC raised its position in Honeywell International by 1.8% in the third quarter. Flagship Harbor Advisors LLC now owns 8,994 shares of the conglomerate’s stock worth $1,662,000 after acquiring an additional 159 shares during the period. Impact Partnership Wealth LLC boosted its stake in shares of Honeywell International by 47.6% during the 3rd quarter. Impact Partnership Wealth LLC now owns 273 shares of the conglomerate’s stock worth $50,000 after acquiring an additional 88 shares during the last quarter. 1900 Wealth Management LLC grew its position in shares of Honeywell International by 150.1% during the 3rd quarter. 1900 Wealth Management LLC now owns 7,000 shares of the conglomerate’s stock valued at $1,293,000 after acquiring an additional 4,201 shares during the period. Finally, Avior Wealth Management LLC increased its stake in shares of Honeywell International by 7.9% in the 3rd quarter. Avior Wealth Management LLC now owns 16,835 shares of the conglomerate’s stock worth $3,110,000 after purchasing an additional 1,232 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of the company’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 transaction of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

HON traded up $0.58 on Tuesday, hitting $196.16. 2,556,272 shares of the company’s stock traded hands, compared to its average volume of 3,000,230. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The firm has a market cap of $127.74 billion, a price-to-earnings ratio of 23.16, a P/E/G ratio of 2.23 and a beta of 1.02. The company’s 50 day simple moving average is $198.35 and its 200-day simple moving average is $196.26.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.70 billion. During the same quarter last year, the business posted $2.52 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, research analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.08 per share. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.20%. Honeywell International’s payout ratio is 51.00%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. 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 for the company in a report on Friday, February 2nd. Finally, Barclays lifted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $219.67.

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.