Lyell Wealth Management LP Acquires 1,230 Shares of Honeywell International Inc. (NASDAQ:HON)

Lyell Wealth Management LP boosted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,169 shares of the conglomerate's stock after acquiring an additional 1,230 shares during the period. Lyell Wealth Management LP's holdings in Honeywell International were worth $11,559,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HON. Howard Capital Management Group LLC boosted its holdings in Honeywell International by 6.7% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock valued at $571,000 after purchasing an additional 174 shares during the period. Vest Financial LLC lifted its stake in shares of Honeywell International by 151.2% in the third quarter. Vest Financial LLC now owns 5,624 shares of the conglomerate's stock valued at $1,163,000 after buying an additional 3,385 shares during the period. Allspring Global Investments Holdings LLC grew its position in Honeywell International by 33.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 268,637 shares of the conglomerate's stock worth $55,530,000 after buying an additional 66,887 shares in the last quarter. Trilogy Capital Inc. increased its stake in Honeywell International by 2.1% during the third quarter. Trilogy Capital Inc. now owns 2,550 shares of the conglomerate's stock valued at $527,000 after acquiring an additional 52 shares during the period. Finally, Jade Capital Advisors LLC acquired a new position in Honeywell International in the 3rd quarter valued at approximately $1,034,000. 75.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.41% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HON. Morgan Stanley lifted their price objective on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 11th. UBS Group reiterated a "buy" rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. StockNews.com cut shares of Honeywell International from a "buy" rating to a "hold" rating in a research note on Monday, December 23rd. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Finally, Bank of America raised their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock 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 issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $248.71.

Honeywell International Trading Up 0.3 %

Shares of HON traded up $0.59 during trading hours on Friday, hitting $211.94. 6,221,796 shares of the stock traded hands, compared to its average volume of 4,177,537. The business has a fifty day moving average of $220.43 and a 200-day moving average of $215.25. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $137.74 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date is Friday, February 28th. Honeywell International's dividend payout ratio is presently 51.89%.

Honeywell International Company 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.