Schechter Investment Advisors LLC Has $2.50 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Schechter Investment Advisors LLC lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 16.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,047 shares of the conglomerate’s stock after acquiring an additional 1,578 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Honeywell International were worth $2,495,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its position in Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after purchasing an additional 92,112 shares during the period. Wellington Management Group LLP lifted its position in Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. Geode Capital Management LLC grew its stake in shares of Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the period. Bank of New York Mellon Corp lifted its holdings in Honeywell International by 10.3% during the 4th quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock valued at $1,527,867,000 after purchasing an additional 631,761 shares during the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of Honeywell International by 7.2% in the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock valued at $822,458,000 after buying an additional 265,789 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of a number of recent research reports. Jefferies Financial Group boosted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Wells Fargo & Company lowered their price objective on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Royal Bank of Canada lowered their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Finally, Barclays dropped their target price on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.71.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on 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 sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by insiders.

Honeywell International Stock Up 0.3 %

HON stock opened at $212.89 on Monday. 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 stock has a market cap of $138.36 billion, a P/E ratio of 24.44, a P/E/G ratio of 2.51 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. The stock’s fifty day simple moving average is $218.57 and its two-hundred day simple moving average is $215.98.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.12%. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Honeywell International 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.