Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC increased its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 357.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,395 shares of the conglomerate's stock after acquiring an additional 15,157 shares during the period. Soltis Investment Advisors LLC's holdings in Honeywell International were worth $4,067,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HON. Morgan Stanley grew its stake in Honeywell International by 1.6% during the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate's stock worth $3,275,277,000 after buying an additional 241,992 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Honeywell International by 5.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate's stock valued at $1,292,307,000 after acquiring an additional 347,808 shares in the last quarter. Northern Trust Corp boosted its position in Honeywell International by 4.3% during the 3rd quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate's stock worth $1,188,533,000 after purchasing an additional 263,640 shares during the period. Moneta Group Investment Advisors LLC increased its holdings in Honeywell International by 101,603.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate's stock valued at $1,223,139,000 after purchasing an additional 5,701,989 shares in the last quarter. Finally, Lazard Asset Management LLC raised its position in Honeywell International by 1.2% in the second quarter. Lazard Asset Management LLC now owns 4,550,406 shares of the conglomerate's stock valued at $944,207,000 after purchasing an additional 53,590 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related 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 sale, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.45% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HON. 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. Wells Fargo & Company upped their target price on Honeywell International from $190.00 to $213.00 and gave the stock an "equal weight" rating in a research report on Tuesday, December 19th. 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. Finally, Berenberg Bank raised Honeywell International from a "hold" rating to a "buy" rating and increased their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Honeywell International has a consensus rating of "Hold" and a consensus target price of $221.11.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $0.65 on Tuesday, reaching $198.41. 2,041,950 shares of the company were exchanged, compared to its average volume of 3,022,711. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The company's 50-day moving average is $198.81 and its two-hundred day moving average is $195.56. The firm has a market cap of $129.20 billion, a price-to-earnings ratio of 23.38, a P/E/G ratio of 2.25 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.01. The business 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 quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.52 EPS. As a group, research analysts expect that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.18%. The ex-dividend date was Thursday, February 29th. Honeywell International's dividend payout ratio is currently 51.00%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.