Stevens Capital Management LP Has $922,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Stevens Capital Management LP lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 88.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,397 shares of the conglomerate’s stock after selling 35,113 shares during the quarter. Stevens Capital Management LP’s holdings in Honeywell International were worth $922,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Cordant Inc. bought a new position in shares of Honeywell International during the 4th quarter valued at about $31,000. Rakuten Securities Inc. bought a new position in Honeywell International in the fourth quarter valued at approximately $31,000. Financial Connections Group Inc. acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $37,000. TFO Wealth Partners LLC increased its position in shares of Honeywell International by 105.6% during the third quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after acquiring an additional 114 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its holdings in shares of Honeywell International by 42.0% during the third quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock worth $47,000 after acquiring an additional 76 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

HON has been the subject of a number of research reports. Barclays increased their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada decreased their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Finally, Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $219.67.

Honeywell International Trading Down 0.9 %

HON traded down $1.77 during midday trading on Thursday, reaching $193.02. 3,894,210 shares of the company’s stock traded hands, compared to its average volume of 3,018,661. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87. The firm has a fifty day moving average of $198.35 and a two-hundred day moving average of $196.25. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The stock has a market capitalization of $125.69 billion, a price-to-earnings ratio of 22.71, a P/E/G ratio of 2.25 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. The company had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.07 earnings per share. On average, equities analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date was Thursday, February 29th. Honeywell International’s payout ratio is 51.00%.

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.