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Lloyd Advisory Services LLC. Acquires Shares of 5,405 Honeywell International Inc. (NASDAQ:HON)

Honeywell International logo with Multi-Sector Conglomerates background

Lloyd Advisory Services LLC. acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,405 shares of the conglomerate's stock, valued at approximately $1,110,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new stake in shares of Honeywell International during the 4th quarter valued at $27,000. Altshuler Shaham Ltd bought a new stake in shares of Honeywell International during the 4th quarter valued at $27,000. Rakuten Securities Inc. bought a new stake in shares of Honeywell International during the 4th quarter valued at $31,000. Cordant Inc. bought a new stake in shares of Honeywell International during the 4th quarter valued at $31,000. Finally, Financial Connections Group Inc. bought a new stake in shares of Honeywell International during the 4th quarter valued at $37,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction dated 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 owns 203,510 shares of the company's stock, valued at $41,507,899.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction dated 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 owns 203,510 shares of the company's stock, valued at $41,507,899.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm's stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company's stock, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. Insiders own 0.41% of the company's stock.


Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Daiwa America upgraded Honeywell International to a "moderate buy" rating in a research report on Wednesday, June 5th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. UBS Group upgraded 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 research report on Monday, June 10th. Barclays upped their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 2nd. Finally, Royal Bank of Canada dropped their price objective on Honeywell International from $222.00 to $218.00 and set a "sector perform" rating for the company in a research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $224.75.

Check Out Our Latest Report on Honeywell International

Honeywell International Price Performance

HON traded up $0.80 on Monday, reaching $215.89. The stock had a trading volume of 2,932,334 shares, compared to its average volume of 2,945,226. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $218.36. The firm has a 50-day moving average of $202.05 and a 200-day moving average of $201.03. 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 company has a market capitalization of $140.59 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 2.28 and a beta of 1.03.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business had revenue of $9.11 billion during the quarter, compared to analysts' expectations of $9.03 billion. During the same quarter in the prior year, the firm earned $2.07 EPS. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.23 EPS for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were paid a $1.08 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 2.00%. Honeywell International's payout ratio is 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.

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

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