U S Wealth Group LLC. Acquires Shares of 10,338 Honeywell International Inc. (NASDAQ:HON)

U S Wealth Group LLC. acquired a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,338 shares of the conglomerate's stock, valued at approximately $2,335,000. Honeywell International makes up about 1.8% of U S Wealth Group LLC.'s portfolio, making the stock its 22nd biggest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International in the fourth quarter worth $25,000. Avalon Trust Co boosted its holdings in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after acquiring an additional 75 shares during the period. Hoese & Co LLP bought a new position in shares of Honeywell International in the fourth quarter worth about $30,000. Financial Avengers Inc. lifted its position in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Curio Wealth LLC bought a new stake in Honeywell International during the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $5.16 during trading on Friday, reaching $198.55. The stock had a trading volume of 5,102,399 shares, compared to its average volume of 3,625,920. The stock has a market capitalization of $129.04 billion, a PE ratio of 22.80, a P/E/G ratio of 2.51 and a beta of 1.01. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The business's 50-day moving average price is $207.27 and its 200 day moving average price is $216.42.

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Honeywell International (NASDAQ:HON - Get Free Report) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.28%. Honeywell International's payout ratio is 51.89%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HON. Wells Fargo & Company cut their price target on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday. Barclays decreased their target price on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Finally, Royal Bank of Canada lowered their price objective 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. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Honeywell International currently has an average rating of "Hold" and an average target price of $245.00.

Insider Buying and Selling

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now directly owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

About Honeywell International

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.