Honeywell International Inc. (HON) Holdings Raised by Lcnb Corp

Lcnb Corp grew its position in Honeywell International Inc. (NYSE:HON) by 21.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,539 shares of the conglomerate’s stock after acquiring an additional 791 shares during the quarter. Lcnb Corp’s holdings in Honeywell International were worth $600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund increased its position in shares of Honeywell International by 12,075.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 22,167,754 shares of the conglomerate’s stock valued at $168,000 after purchasing an additional 21,985,685 shares during the last quarter. 1832 Asset Management L.P. bought a new position in shares of Honeywell International during the 4th quarter valued at approximately $260,607,000. Millennium Management LLC increased its position in shares of Honeywell International by 146.7% during the 4th quarter. Millennium Management LLC now owns 2,200,205 shares of the conglomerate’s stock valued at $290,691,000 after purchasing an additional 1,308,339 shares during the last quarter. Two Sigma Advisers LP increased its position in shares of Honeywell International by 117.8% during the 4th quarter. Two Sigma Advisers LP now owns 1,416,434 shares of the conglomerate’s stock valued at $187,139,000 after purchasing an additional 766,200 shares during the last quarter. Finally, Bahl & Gaynor Inc. increased its position in shares of Honeywell International by 51.3% during the 4th quarter. Bahl & Gaynor Inc. now owns 1,642,620 shares of the conglomerate’s stock valued at $217,023,000 after purchasing an additional 557,009 shares during the last quarter. 75.83% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE HON traded up $1.24 during mid-day trading on Friday, reaching $171.63. 2,342,261 shares of the company were exchanged, compared to its average volume of 3,353,421. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.24 and a quick ratio of 1.01. The stock has a market capitalization of $124.00 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 2.30 and a beta of 1.12. Honeywell International Inc. has a 1 year low of $123.48 and a 1 year high of $174.34.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Thursday, April 18th. The conglomerate reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.09. Honeywell International had a return on equity of 32.46% and a net margin of 16.73%. The firm had revenue of $8.88 billion during the quarter, compared to analysts’ expectations of $8.63 billion. During the same period in the prior year, the business posted $1.95 EPS. The firm’s quarterly revenue was down 14.5% on a year-over-year basis. As a group, equities research analysts anticipate that Honeywell International Inc. will post 8.11 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, May 23rd. Honeywell International’s dividend payout ratio is currently 40.95%.

HON has been the topic of several analyst reports. ValuEngine raised Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Deutsche Bank boosted their price objective on Honeywell International from $174.00 to $187.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Morgan Stanley boosted their price objective on Honeywell International from $165.00 to $183.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Zacks Investment Research cut Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Finally, Credit Suisse Group boosted their price objective on Honeywell International from $170.00 to $185.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Three analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $175.20.

In related news, insider Timothy O. Mahoney sold 73,352 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $154.30, for a total transaction of $11,318,213.60. Following the transaction, the insider now directly owns 305,505 shares of the company’s stock, valued at approximately $47,139,421.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.73% of the company’s stock.

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Honeywell International Company 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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