Honeywell International Inc. (NYSE:HON) Shares Bought by Larson Financial Group LLC

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Larson Financial Group LLC grew its holdings in shares of Honeywell International Inc. (NYSE:HON) by 5,800.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 354 shares of the conglomerate’s stock after purchasing an additional 348 shares during the quarter. Larson Financial Group LLC’s holdings in Honeywell International were worth $60,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Nuveen Asset Management LLC boosted its position in shares of Honeywell International by 10,615.4% during the 2nd quarter. Nuveen Asset Management LLC now owns 9,053,437 shares of the conglomerate’s stock valued at $1,580,640,000 after acquiring an additional 8,968,947 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Honeywell International by 18,092.3% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 2,553,654 shares of the conglomerate’s stock valued at $255,365,000 after acquiring an additional 2,539,617 shares during the last quarter. BlackRock Inc. boosted its position in shares of Honeywell International by 3.7% during the 2nd quarter. BlackRock Inc. now owns 44,949,545 shares of the conglomerate’s stock valued at $7,847,743,000 after acquiring an additional 1,623,768 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Honeywell International by 131.0% during the 2nd quarter. Janus Henderson Group PLC now owns 2,838,990 shares of the conglomerate’s stock valued at $495,664,000 after acquiring an additional 1,610,006 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its position in shares of Honeywell International by 8.5% during the 1st quarter. Clearbridge Investments LLC now owns 6,918,765 shares of the conglomerate’s stock valued at $1,099,530,000 after acquiring an additional 544,684 shares during the last quarter. 75.77% of the stock is currently owned by institutional investors.

NYSE HON opened at $163.53 on Friday. The firm’s 50-day moving average is $165.08 and its two-hundred day moving average is $168.14. Honeywell International Inc. has a 12 month low of $123.48 and a 12 month high of $178.47. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.19 and a quick ratio of 0.96. The stock has a market capitalization of $117.66 billion, a P/E ratio of 20.42, a PEG ratio of 2.13 and a beta of 1.10.

Honeywell International (NYSE:HON) last posted its earnings results on Thursday, July 18th. The conglomerate reported $2.10 EPS for the quarter, beating the Zacks’ consensus estimate of $2.08 by $0.02. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The company had revenue of $9.24 billion for the quarter, compared to analysts’ expectations of $9.37 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. Honeywell International’s revenue for the quarter was down 15.3% compared to the same quarter last year. As a group, analysts anticipate that Honeywell International Inc. will post 8.09 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $0.90 dividend. The ex-dividend date is Thursday, November 14th. This represents a $3.60 dividend on an annualized basis and a yield of 2.20%. This is a boost from Honeywell International’s previous quarterly dividend of $0.82. Honeywell International’s dividend payout ratio is presently 40.95%.

Several research analysts have recently weighed in on HON shares. Morgan Stanley lowered their price target on shares of Honeywell International from $188.00 to $185.00 and set an “overweight” rating on the stock in a research report on Friday, September 27th. Credit Suisse Group boosted their price target on shares of Honeywell International from $185.00 to $187.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. ValuEngine cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Barclays boosted their price target on shares of Honeywell International from $186.00 to $187.00 and gave the company an “overweight” rating in a research report on Friday, July 19th. Finally, Cowen reissued a “buy” rating and set a $180.00 price target on shares of Honeywell International in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $184.09.

In other Honeywell International news, Director Jaime Chico Pardo sold 7,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $165.92, for a total transaction of $1,161,440.00. Following the sale, the director now directly owns 7,103 shares in the company, valued at $1,178,529.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Darius Adamczyk sold 7,149 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $165.08, for a total transaction of $1,180,156.92. Following the sale, the chairman now owns 75,521 shares in the company, valued at $12,467,006.68. The disclosure for this sale can be found here. Insiders sold 25,133 shares of company stock worth $4,141,655 in the last ninety days. 0.73% of the stock is currently owned by corporate insiders.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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