Haverford Trust Co Has $188.22 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Haverford Trust Co decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 897,530 shares of the conglomerate's stock after selling 4,130 shares during the quarter. Honeywell International accounts for approximately 2.1% of Haverford Trust Co's holdings, making the stock its 16th biggest position. Haverford Trust Co owned approximately 0.14% of Honeywell International worth $188,221,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of HON. Altshuler Shaham Ltd acquired a new stake in shares of Honeywell International during the 4th quarter valued at about $27,000. Cordant Inc. acquired a new position in shares of Honeywell International during the 4th quarter worth $31,000. Rakuten Securities Inc. bought a new position in shares of Honeywell International during the 4th quarter valued at $31,000. Financial Connections Group Inc. bought a new stake in Honeywell International in the fourth quarter worth $37,000. Finally, TFO Wealth Partners LLC raised its holdings in Honeywell International by 105.6% during the third quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate's stock valued at $41,000 after buying an additional 114 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction on Monday, April 29th. The stock was 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 directly owns 55,471 shares of the company's stock, valued at $10,709,231.26. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Darius Adamczyk sold 28,500 shares of the firm's stock in a transaction on Wednesday, May 15th. The stock was 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 directly owns 203,510 shares in the company, valued at $41,507,899.60. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm's stock in a transaction 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 completion of the sale, 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.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HON shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Barclays boosted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 2nd. Berenberg Bank raised Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada cut their price objective 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, StockNews.com raised Honeywell International from a "hold" rating to a "buy" rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and a consensus price target of $215.71.

Honeywell International Stock Performance

HON stock traded down $0.65 during midday trading on Friday, hitting $205.97. The stock had a trading volume of 2,267,199 shares, compared to its average volume of 2,974,093. The firm has a market capitalization of $134.13 billion, a price-to-earnings ratio of 23.90, a P/E/G ratio of 2.37 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. The stock has a 50-day simple moving average of $198.06 and a 200 day simple moving average of $197.87. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate 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 return on equity of 35.88% and a net margin of 15.52%. Honeywell International's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $2.07 earnings per share. As a group, equities research analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders 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 2.10%. Honeywell International's payout ratio is presently 50.06%.

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.

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