NTV Asset Management LLC Boosts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

NTV Asset Management LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 10.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,560 shares of the conglomerate’s stock after acquiring an additional 327 shares during the quarter. NTV Asset Management LLC’s holdings in Honeywell International were worth $804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of HON. Valmark Advisers Inc. lifted its stake in Honeywell International by 1.0% during the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate’s stock valued at $1,048,000 after purchasing an additional 45 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its stake in Honeywell International by 3.4% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after purchasing an additional 47 shares during the last quarter. Saxony Capital Management LLC lifted its stake in Honeywell International by 4.0% during the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock valued at $277,000 after purchasing an additional 47 shares during the last quarter. Magnus Financial Group LLC lifted its stake in Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after purchasing an additional 48 shares during the last quarter. Finally, Absher Wealth Management LLC lifted its stake in Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after purchasing an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $202.75 on Monday. The company’s fifty day moving average is $222.30 and its 200-day moving average is $215.13. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The firm has a market cap of $131.84 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities analysts expect that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s payout ratio is presently 51.89%.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.41% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HON has been the subject of several research analyst reports. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Bank of America upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $248.71.

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.