Everpar Advisors LLC Buys Shares of 4,298 Honeywell International Inc. (NASDAQ:HON)

Everpar Advisors LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,298 shares of the conglomerate's stock, valued at approximately $901,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rakuten Securities Inc. acquired a new position in Honeywell International during the 4th quarter valued at about $31,000. Cordant Inc. acquired a new stake in shares of Honeywell International in the 4th quarter worth approximately $31,000. Financial Connections Group Inc. acquired a new stake in shares of Honeywell International in the 4th quarter worth approximately $37,000. TFO Wealth Partners LLC lifted its stake in shares of Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate's stock worth $41,000 after acquiring an additional 114 shares during the period. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Honeywell International in the 4th quarter worth approximately $48,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.6 %

Shares of HON stock traded up $1.20 during trading hours on Wednesday, reaching $198.05. 1,788,255 shares of the stock traded hands, compared to its average volume of 3,000,908. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The business has a fifty day moving average price of $197.55 and a 200 day moving average price of $196.94. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $128.97 billion, a PE ratio of 22.95, a PEG ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the previous year, the business earned $2.07 earnings per share. The firm's revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be issued a dividend of $1.08 per share. The ex-dividend date is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.18%. Honeywell International's dividend payout ratio is currently 50.06%.

Analysts Set New Price Targets

HON has been the subject of a number of research analyst reports. Royal Bank of Canada reduced their price target on shares of Honeywell International from $210.00 to $209.00 and set a "sector perform" rating for the company in a research note on Friday, February 2nd. Barclays upped their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Thursday, May 2nd. Finally, Berenberg Bank upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $215.71.

Insider Activity

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the company's stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the company's stock in a transaction that occurred on Monday, February 12th. The shares were 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 approximately $36,164,646. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. 0.41% of the stock is owned by company insiders.

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.

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