Aptus Capital Advisors LLC Has $21.88 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Aptus Capital Advisors LLC boosted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 96,851 shares of the conglomerate's stock after acquiring an additional 21,612 shares during the period. Aptus Capital Advisors LLC's holdings in Honeywell International were worth $21,878,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HON. Anchor Investment Management LLC raised its holdings in shares of Honeywell International by 46.4% in the third quarter. Anchor Investment Management LLC now owns 962 shares of the conglomerate's stock valued at $199,000 after purchasing an additional 305 shares during the last quarter. World Investment Advisors LLC lifted its position in Honeywell International by 15.6% during the 3rd quarter. World Investment Advisors LLC now owns 9,418 shares of the conglomerate's stock worth $1,947,000 after buying an additional 1,273 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Honeywell International by 3.7% during the 3rd quarter. Principal Financial Group Inc. now owns 797,426 shares of the conglomerate's stock worth $164,836,000 after buying an additional 28,812 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Honeywell International by 5.1% in the 4th quarter. Versant Capital Management Inc now owns 3,353 shares of the conglomerate's stock valued at $757,000 after acquiring an additional 162 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Honeywell International by 10.8% in the fourth quarter. GAMMA Investing LLC now owns 6,319 shares of the conglomerate's stock valued at $1,427,000 after acquiring an additional 616 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.41% of the company's stock.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $4.68 during midday trading on Wednesday, hitting $214.61. The stock had a trading volume of 4,333,744 shares, compared to its average volume of 3,731,834. The company's 50-day moving average price is $205.08 and its 200-day moving average price is $215.45. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $137.93 billion, a P/E ratio of 24.64, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The company had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the previous year, the firm earned $2.25 EPS. Honeywell International's revenue was up 7.9% on a year-over-year basis. As a group, equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International's payout ratio is 51.95%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HON. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the company from $236.00 to $260.00 in a research note on Friday, February 7th. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Barclays cut their price target on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Royal Bank of Canada upped their target price on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. Finally, Wells Fargo & Company lifted their price target on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Nine equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and an average price target of $242.23.

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.