Honeywell International Inc. $HON Shares Bought by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,099 shares of the conglomerate’s stock after acquiring an additional 608 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Honeywell International were worth $2,818,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after purchasing an additional 1,582 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Honeywell International by 29.8% in the first quarter. SBI Securities Co. Ltd. now owns 1,273 shares of the conglomerate’s stock worth $270,000 after buying an additional 292 shares during the period. Bridgewater Advisors Inc. purchased a new position in shares of Honeywell International in the first quarter worth approximately $431,000. Dynasty Wealth Management LLC raised its holdings in shares of Honeywell International by 2.0% during the first quarter. Dynasty Wealth Management LLC now owns 11,554 shares of the conglomerate’s stock valued at $2,447,000 after acquiring an additional 224 shares during the period. Finally, Concord Wealth Partners lifted its position in shares of Honeywell International by 86.7% in the 1st quarter. Concord Wealth Partners now owns 478 shares of the conglomerate’s stock valued at $101,000 after acquiring an additional 222 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Down 0.9%

HON opened at $199.87 on Friday. The company has a market capitalization of $126.89 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 2.73 and a beta of 1.07. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $228.04. The business has a 50-day moving average of $207.26 and a 200-day moving average of $218.06.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Monday, December 11th. The conglomerate reported $2.25 EPS for the quarter. The firm had revenue of $8.95 billion for the quarter. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%. Honeywell International has set its Q4 2023 guidance at 2.530-2.630 EPS. FY 2023 guidance at 9.100-9.200 EPS. Equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be issued a $1.19 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.13. This represents a $4.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, November 14th. Honeywell International’s dividend payout ratio is currently 50.16%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on HON shares. Citigroup lifted their price objective on shares of Honeywell International from $251.56 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft decreased their target price on Honeywell International from $271.00 to $265.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Robert W. Baird dropped their price target on Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a research report on Monday, October 13th. Wells Fargo & Company raised their price objective on Honeywell International from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. Finally, Morgan Stanley dropped their target price on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.13.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $221.58, for a total transaction of $9,339,375.42. Following the transaction, the chief executive officer directly owned 10,334 shares in the company, valued at $2,289,807.72. This trade represents a 80.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is owned by insiders.

Honeywell International 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.