Mcdaniel Terry & Co. Raises Stake in Honeywell International Inc. (NASDAQ:HON)

Mcdaniel Terry & Co. raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 140,246 shares of the conglomerate's stock after purchasing an additional 4,656 shares during the quarter. Honeywell International accounts for approximately 2.6% of Mcdaniel Terry & Co.'s investment portfolio, making the stock its 16th biggest position. Mcdaniel Terry & Co.'s holdings in Honeywell International were worth $31,680,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the 3rd quarter valued at $25,000. Reston Wealth Management LLC bought a new position in Honeywell International in the third quarter valued at about $29,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. increased its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its holdings in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock valued at $34,000 after buying an additional 81 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated 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 completion of the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.41% of the company's stock.

Honeywell International Stock Up 0.0 %

Shares of NASDAQ:HON traded up $0.04 during trading on Friday, reaching $211.39. 2,497,263 shares of the stock were exchanged, compared to its average volume of 4,063,140. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The stock has a fifty day moving average of $220.74 and a two-hundred day moving average of $215.17. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The firm has a market cap of $137.38 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. Research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International's payout ratio is currently 51.89%.

Analysts Set New Price Targets

HON has been the topic of a number of research reports. Robert W. Baird lowered shares of Honeywell International from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday, November 14th. Wells Fargo & Company decreased their price target on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a research note on Friday, February 7th. Finally, Baird R W lowered Honeywell International from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $248.71.

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.