KPP Advisory Services LLC Acquires 140 Shares of Honeywell International Inc. (NASDAQ:HON)

KPP Advisory Services LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,735 shares of the conglomerate’s stock after acquiring an additional 140 shares during the period. KPP Advisory Services LLC’s holdings in Honeywell International were worth $573,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ameriprise Financial Inc. grew its holdings in shares of Honeywell International by 5.2% in the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after purchasing an additional 347,808 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Honeywell International by 0.3% in the fourth quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock worth $1,352,867,000 after purchasing an additional 17,591 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Honeywell International by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,621,544 shares of the conglomerate’s stock worth $759,474,000 after purchasing an additional 66,213 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Honeywell International by 20.4% in the fourth quarter. Capital Research Global Investors now owns 3,189,925 shares of the conglomerate’s stock worth $668,959,000 after purchasing an additional 539,644 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Honeywell International by 12.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,473,627 shares of the conglomerate’s stock worth $518,740,000 after purchasing an additional 269,739 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HON has been the topic of several recent analyst reports. Citigroup lifted their price target on shares of Honeywell International from $243.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, June 4th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Barclays lifted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Finally, Royal Bank of Canada cut their price target on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating on the stock in a report on Tuesday, June 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $220.38.

Insider Transactions at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the transaction, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a legal filing with the SEC, 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 dated Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the transaction, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the transaction, the chief financial officer now directly 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 Stock Up 0.2 %

Honeywell International stock traded up $0.33 on Friday, hitting $208.78. 2,563,323 shares of the stock traded hands, compared to its average volume of 2,449,661. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The firm has a market cap of $135.96 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The business’s fifty day simple moving average is $198.93 and its 200 day simple moving average is $199.78. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.97.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results 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. The firm had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. Honeywell International’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.07 EPS. As a group, sell-side analysts forecast that Honeywell International Inc. will post 10.24 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.07%. The ex-dividend date was Thursday, May 16th. Honeywell International’s dividend payout ratio is presently 50.06%.

About Honeywell International

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.