Intellus Advisors LLC Purchases Shares of 1,448 Honeywell International Inc. (NASDAQ:HON)

Intellus Advisors LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,448 shares of the conglomerate's stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the 3rd quarter valued at $25,000. Mainstream Capital Management LLC purchased a new position in Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co grew its holdings in Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the fourth quarter valued at approximately $30,000. Finally, Financial Avengers Inc. raised its stake 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 buying an additional 50 shares during the period. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of HON stock traded up $1.00 during trading hours on Wednesday, hitting $213.12. The company's stock had a trading volume of 5,250,414 shares, compared to its average volume of 3,244,075. The stock has a market cap of $138.51 billion, a price-to-earnings ratio of 24.47, a P/E/G ratio of 2.51 and a beta of 1.08. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business has a fifty day moving average of $213.75 and a 200-day moving average of $216.85. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77.

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Honeywell International (NASDAQ:HON - Get Free Report) last issued 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 net margin of 14.82% and a return on equity of 35.78%. As a group, equities research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.12%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio is 51.89%.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research analyst reports. Morgan Stanley upped their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Royal Bank of Canada decreased their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research note on Friday, February 7th. Finally, StockNews.com downgraded Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. 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 company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $249.08.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were 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 trade represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by insiders.

Honeywell International Company Profile

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.