3,165 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Bolthouse Investments LLC

Bolthouse Investments LLC bought a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 3,165 shares of the conglomerate's stock, valued at approximately $715,000.

A number of other institutional investors also recently bought and sold shares of HON. Howard Capital Management Group LLC increased its position in shares of Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock valued at $571,000 after acquiring an additional 174 shares during the last quarter. Westside Investment Management Inc. raised its position in Honeywell International by 15.4% in the third quarter. Westside Investment Management Inc. now owns 375 shares of the conglomerate's stock valued at $78,000 after purchasing an additional 50 shares during the period. Tudor Financial Inc. acquired a new position in Honeywell International during the third quarter worth $425,000. Anchor Investment Management LLC boosted its position in shares of Honeywell International by 46.4% during the third quarter. Anchor Investment Management LLC now owns 962 shares of the conglomerate's stock worth $199,000 after buying an additional 305 shares during the period. Finally, Pine Valley Investments Ltd Liability Co grew its stake in shares of Honeywell International by 1.9% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 19,689 shares of the conglomerate's stock valued at $4,070,000 after buying an additional 376 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 5.4 %

Honeywell International stock traded up $10.83 during mid-day trading on Tuesday, hitting $211.49. The company had a trading volume of 8,212,022 shares, compared to its average volume of 3,696,320. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The business has a fifty day moving average of $205.03 and a 200 day moving average of $215.73. The stock has a market cap of $136.04 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.25 earnings per share. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. Honeywell International's payout ratio is 51.89%.

Analysts Set New Price Targets

A number of equities analysts recently commented on HON shares. Wells Fargo & Company lowered their target price 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. Citigroup dropped their price objective on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a report on Monday, April 14th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Royal Bank of Canada cut 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. Finally, JPMorgan Chase & Co. decreased their target price on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and an average price target of $242.15.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the 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 transaction, the vice president now owns 41,580 shares in the company, 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 legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by insiders.

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.