Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Assetmark Inc.

Assetmark Inc. lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,093 shares of the conglomerate’s stock after purchasing an additional 543 shares during the quarter. Assetmark Inc.’s holdings in Honeywell International were worth $2,326,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in HON. WealthPlan Investment Management LLC lifted its holdings in Honeywell International by 98.7% in the third quarter. WealthPlan Investment Management LLC now owns 1,228 shares of the conglomerate’s stock valued at $227,000 after acquiring an additional 610 shares during the last quarter. Lincoln National Corp raised its position in Honeywell International by 0.7% in the third quarter. Lincoln National Corp now owns 13,166 shares of the conglomerate’s stock valued at $2,432,000 after purchasing an additional 88 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Honeywell International by 0.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 18,067 shares of the conglomerate’s stock worth $3,338,000 after purchasing an additional 170 shares during the period. XML Financial LLC increased its position in shares of Honeywell International by 11.0% during the 3rd quarter. XML Financial LLC now owns 5,350 shares of the conglomerate’s stock worth $988,000 after purchasing an additional 529 shares during the last quarter. Finally, PFG Investments LLC raised its holdings in Honeywell International by 5.2% in the 3rd quarter. PFG Investments LLC now owns 3,340 shares of the conglomerate’s stock valued at $617,000 after buying an additional 164 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HON. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada cut their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Finally, Barclays lifted their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $215.71.

Insider Activity at Honeywell International

In other news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. 0.41% of the stock is owned by insiders.

Honeywell International Trading Up 0.2 %

NASDAQ HON opened at $199.69 on Friday. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a market capitalization of $130.04 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 2.30 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The firm’s fifty day moving average price is $198.51 and its 200 day moving average price is $198.69.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same quarter last year, the company posted $2.07 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 9.93 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be issued a $1.08 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.16%. Honeywell International’s payout ratio is 50.06%.

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.