Honeywell International Inc. (NASDAQ:HON) Shares Acquired by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services grew its stake in Honeywell International Inc. (NASDAQ:HONFree Report) by 3.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,251 shares of the conglomerate’s stock after purchasing an additional 650 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Honeywell International were worth $3,746,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Industrial Alliance Investment Management Inc. lifted its stake 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 lifted its stake in shares of Honeywell International by 40.8% in the third quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock worth $299,000 after buying an additional 469 shares in the last quarter. Torray Investment Partners LLC raised its stake in Honeywell International by 0.3% during the fourth quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock worth $12,312,000 after purchasing an additional 190 shares during the period. Shulman DeMeo Asset Management LLC boosted its holdings in Honeywell International by 11.1% in the 4th 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 last quarter. Finally, Boyd Watterson Asset Management LLC OH boosted its holdings in 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. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Barclays boosted their target price 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. Citigroup boosted their target price on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, June 4th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $175.00 to $215.00 in a report on Monday, June 10th. Finally, Royal Bank of Canada decreased their price objective on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating on the stock in a report on Tuesday, June 4th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $224.75.

Get Our Latest Stock Analysis on HON

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now owns 203,510 shares in the company, valued at $41,507,899.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares in the company, valued at approximately $41,507,899.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ HON traded up $0.44 during mid-day trading on Friday, reaching $214.58. The company had a trading volume of 2,392,881 shares, compared to its average volume of 2,898,204. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The firm has a 50 day simple moving average of $201.24 and a two-hundred day simple moving average of $200.73. The stock has a market cap of $139.73 billion, a P/E ratio of 24.81, a PEG ratio of 2.26 and a beta of 1.03. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $216.08.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The firm had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. Honeywell International’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.07 EPS. Sell-side analysts predict that Honeywell International Inc. will post 10.24 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend was Thursday, May 16th. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Honeywell International Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONFree Report).

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.