Wayfinding Financial LLC Takes $273,000 Position in Honeywell International Inc. (NASDAQ:HON)

Wayfinding Financial LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,208 shares of the conglomerate's stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Howard Capital Management Group LLC increased its position in Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after buying an additional 174 shares in the last quarter. United Bank grew its stake in shares of Honeywell International by 2.8% during the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate's stock valued at $1,692,000 after acquiring an additional 220 shares during the period. GSA Capital Partners LLP purchased a new stake in Honeywell International in the 3rd quarter worth approximately $414,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Honeywell International during the third quarter valued at approximately $412,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Honeywell International by 2.6% in the third quarter. Advisors Asset Management Inc. now owns 16,484 shares of the conglomerate's stock worth $3,407,000 after purchasing an additional 425 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Insider Buying and Selling

In other news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction that occurred 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 transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

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Honeywell International Price Performance

Shares of NASDAQ HON traded up $0.27 during mid-day trading on Tuesday, hitting $212.12. 3,810,255 shares of the company's stock traded hands, compared to its average volume of 3,234,715. The company has a market capitalization of $137.86 billion, a P/E ratio of 24.35, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The company's 50-day moving average is $213.75 and its two-hundred day moving average is $216.85.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.13%. Honeywell International's payout ratio is 51.89%.

Analysts Set New Price Targets

HON has been the topic of several recent analyst reports. Wells Fargo & Company decreased 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 research report on Friday, February 7th. JPMorgan Chase & Co. lowered their price objective on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. Morgan Stanley increased their target price on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Finally, Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $249.38.

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.