2,815 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Broadway Wealth Solutions Inc.

Broadway Wealth Solutions Inc. acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,815 shares of the conglomerate's stock, valued at approximately $636,000. Honeywell International makes up about 0.5% of Broadway Wealth Solutions Inc.'s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds have also made changes to their positions in HON. Baldwin Wealth Partners LLC MA boosted its stake in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock valued at $15,203,000 after acquiring an additional 2,611 shares in the last quarter. Coordinated Financial Services Inc. purchased a new position in Honeywell International during the 4th quarter worth approximately $361,000. Costello Asset Management INC acquired a new position in Honeywell International during the fourth quarter worth approximately $3,092,000. Raymond James Financial Inc. purchased a new stake in Honeywell International in the fourth quarter valued at approximately $435,786,000. Finally, Dynasty Wealth Management LLC boosted its holdings in shares of Honeywell International by 52.1% in the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock valued at $2,559,000 after acquiring an additional 3,879 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Honeywell International stock traded up $0.60 during trading hours on Tuesday, hitting $212.35. The stock had a trading volume of 679,129 shares, compared to its average volume of 4,277,479. The stock has a market capitalization of $138.01 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 2.51 and a beta of 1.08. 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 1-year low of $189.75 and a 1-year high of $242.77. The stock's fifty day moving average is $212.99 and its two-hundred day moving average is $217.12.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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, analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared 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. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.13%. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

Several research firms recently commented on HON. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. HSBC upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Wells Fargo & Company dropped their price target on 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. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and a consensus target price of $249.08.

Insider Activity

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 owns 41,580 shares of the company's stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.41% of the company's stock.

Honeywell International 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.