Honeywell International Inc. (NYSE:HON) Stake Increased by Bremer Trust National Association

Bremer Trust National Association grew its holdings in shares of Honeywell International Inc. (NYSE:HON) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,173 shares of the conglomerate’s stock after purchasing an additional 324 shares during the period. Bremer Trust National Association’s holdings in Honeywell International were worth $1,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HON. Prime Capital Investment Advisors LLC grew its holdings in shares of Honeywell International by 64.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 4,092 shares of the conglomerate’s stock worth $541,000 after acquiring an additional 1,603 shares during the period. Diamond Hill Capital Management Inc. grew its holdings in shares of Honeywell International by 0.8% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 881,400 shares of the conglomerate’s stock worth $116,451,000 after acquiring an additional 6,720 shares during the period. NEXT Financial Group Inc grew its holdings in shares of Honeywell International by 65.3% in the 4th quarter. NEXT Financial Group Inc now owns 3,758 shares of the conglomerate’s stock worth $497,000 after acquiring an additional 1,484 shares during the period. Signature Wealth Management Group grew its holdings in shares of Honeywell International by 1,287.5% in the 4th quarter. Signature Wealth Management Group now owns 4,537 shares of the conglomerate’s stock worth $599,000 after acquiring an additional 4,210 shares during the period. Finally, Eagle Asset Management Inc. grew its holdings in shares of Honeywell International by 1.5% in the 4th quarter. Eagle Asset Management Inc. now owns 714,611 shares of the conglomerate’s stock worth $94,414,000 after acquiring an additional 10,519 shares during the period. Institutional investors own 75.65% of the company’s stock.

Shares of Honeywell International stock traded down $0.47 during trading hours on Monday, reaching $162.00. 2,290,073 shares of the company’s stock were exchanged, compared to its average volume of 2,820,345. Honeywell International Inc. has a 52-week low of $123.48 and a 52-week high of $167.72. The firm has a market cap of $118.50 billion, a PE ratio of 20.22, a P/E/G ratio of 2.26 and a beta of 1.10. The company has a quick ratio of 1.06, a current ratio of 1.29 and a debt-to-equity ratio of 0.53.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, February 1st. The conglomerate reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.03. Honeywell International had a return on equity of 33.36% and a net margin of 16.18%. The company had revenue of $9.73 billion for the quarter, compared to analyst estimates of $9.72 billion. During the same quarter in the prior year, the company posted $1.85 EPS. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year. Equities research analysts anticipate that Honeywell International Inc. will post 7.95 EPS for the current year.

A number of research firms recently weighed in on HON. Zacks Investment Research cut Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. UBS Group reiterated a “top pick” rating on shares of Honeywell International in a report on Thursday, January 10th. Royal Bank of Canada upgraded Honeywell International from a “sector perform” rating to an “outperform” rating and set a $148.00 target price on the stock in a report on Thursday, January 3rd. Credit Suisse Group upgraded Honeywell International from a “neutral” rating to an “outperform” rating and set a $132.06 target price on the stock in a report on Thursday, January 3rd. Finally, Barclays lowered their target price on Honeywell International from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, December 17th. Five equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Honeywell International presently has a consensus rating of “Buy” and a consensus target price of $169.32.

In other Honeywell International news, Director Linnet F. Deily sold 4,234 shares of the stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $148.75, for a total transaction of $629,807.50. Following the transaction, the director now owns 11,369 shares of the company’s stock, valued at approximately $1,691,138.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Timothy O. Mahoney sold 73,352 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $154.30, for a total value of $11,318,213.60. Following the transaction, the insider now directly owns 305,505 shares in the company, valued at approximately $47,139,421.50. The disclosure for this sale can be found here. Corporate insiders own 0.73% of the company’s stock.

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Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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