Xponance Inc. Has $18.77 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Xponance Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,511 shares of the conglomerate’s stock after purchasing an additional 3,880 shares during the period. Xponance Inc.’s holdings in Honeywell International were worth $18,771,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in HON. Ironwood Wealth Management LLC. increased its holdings in shares of Honeywell International by 2.9% in the 1st quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock valued at $700,000 after purchasing an additional 100 shares during the period. Fairfield Bush & CO. grew its stake in shares of Honeywell International by 5.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock valued at $1,864,000 after buying an additional 492 shares in the last quarter. United Bank grew its stake in shares of Honeywell International by 25.0% in the 1st quarter. United Bank now owns 8,404 shares of the conglomerate’s stock valued at $1,635,000 after buying an additional 1,683 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Honeywell International by 31.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock valued at $151,949,000 after buying an additional 187,936 shares in the last quarter. Finally, AMI Investment Management Inc. grew its stake in shares of Honeywell International by 16.8% in the 1st quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock valued at $224,000 after buying an additional 165 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON stock traded up $0.72 during trading hours on Thursday, hitting $191.08. 1,954,253 shares of the company’s stock were exchanged, compared to its average volume of 3,003,692. The stock’s 50-day moving average is $198.41 and its 200-day moving average is $195.82. 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 stock has a market cap of $124.43 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 52 week low of $174.88 and a 52 week high of $210.87.

Honeywell International (NASDAQ:HON) last announced 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. The company had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.52 earnings per share. As a group, research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

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

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated 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 available through this hyperlink. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

HON has been the subject of several recent research reports. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Barclays upped their target price on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed 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. Finally, Royal Bank of Canada decreased their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $219.67.

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.