Brinker Capital Inc. raised its position in shares of Honeywell (NYSE:HON) by 3.0% during the 1st quarter, HoldingsChannel reports. The fund owned 19,209 shares of the conglomerate’s stock after purchasing an additional 559 shares during the period. Brinker Capital Inc.’s holdings in Honeywell were worth $2,776,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HON. Welch Group LLC purchased a new stake in shares of Honeywell during the 4th quarter worth approximately $100,000. Wagner Wealth Management LLC purchased a new stake in shares of Honeywell during the 4th quarter worth approximately $101,000. Taylor Hoffman Wealth Management purchased a new stake in shares of Honeywell during the 4th quarter worth approximately $113,000. Thompson Davis & CO. Inc. raised its holdings in shares of Honeywell by 325.0% during the 1st quarter. Thompson Davis & CO. Inc. now owns 850 shares of the conglomerate’s stock worth $123,000 after acquiring an additional 650 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new stake in shares of Honeywell during the 4th quarter worth approximately $138,000. 74.46% of the stock is currently owned by institutional investors and hedge funds.

HON stock opened at $147.91 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.11 and a current ratio of 1.36. Honeywell has a twelve month low of $131.42 and a twelve month high of $165.13. The firm has a market capitalization of $110.70 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 1.99 and a beta of 0.98.

Honeywell (NYSE:HON) last released its earnings results on Friday, April 20th. The conglomerate reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. Honeywell had a return on equity of 29.25% and a net margin of 4.26%. The business had revenue of $10.39 billion for the quarter, compared to analyst estimates of $10.03 billion. During the same quarter last year, the firm posted $1.71 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. sell-side analysts predict that Honeywell will post 8.02 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 8th. Shareholders of record on Friday, May 18th will be paid a $0.745 dividend. The ex-dividend date is Thursday, May 17th. This represents a $2.98 dividend on an annualized basis and a yield of 2.01%. Honeywell’s payout ratio is 41.91%.

In other Honeywell news, Director Jaime Chico /Fa Pardo sold 3,426 shares of the stock in a transaction on Friday, May 25th. The stock was sold at an average price of $150.59, for a total value of $515,921.34. Following the sale, the director now owns 43,773 shares in the company, valued at $6,591,776.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Timothy O. Mahoney sold 114,489 shares of the stock in a transaction on Friday, May 25th. The stock was sold at an average price of $150.20, for a total value of $17,196,247.80. Following the completion of the sale, the insider now owns 314,725 shares in the company, valued at approximately $47,271,695. The disclosure for this sale can be found here. Company insiders own 1.33% of the company’s stock.

Several analysts have recently issued reports on HON shares. TheStreet raised Honeywell from a “c+” rating to an “a-” rating in a report on Friday, April 20th. Zacks Investment Research raised Honeywell from a “hold” rating to a “buy” rating and set a $169.00 price objective on the stock in a report on Tuesday, April 24th. Stifel Nicolaus restated a “buy” rating and set a $165.00 price target on shares of Honeywell in a report on Friday, February 16th. Finally, ValuEngine upgraded Honeywell from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $167.73.

Honeywell Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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Institutional Ownership by Quarter for Honeywell (NYSE:HON)

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