Atria Investments Inc Purchases 4,724 Shares of Honeywell International Inc. (NASDAQ:HON)

Atria Investments Inc boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,520 shares of the conglomerate's stock after acquiring an additional 4,724 shares during the quarter. Atria Investments Inc's holdings in Honeywell International were worth $19,544,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. NewSquare Capital LLC raised its stake in Honeywell International by 3,499.0% during the fourth quarter. NewSquare Capital LLC now owns 3,599 shares of the conglomerate's stock worth $813,000 after acquiring an additional 3,499 shares in the last quarter. J.Safra Asset Management Corp increased its stake in shares of Honeywell International by 37.7% in the fourth quarter. J.Safra Asset Management Corp now owns 2,975 shares of the conglomerate's stock valued at $674,000 after buying an additional 814 shares in the last quarter. WoodTrust Financial Corp increased its stake in shares of Honeywell International by 1.9% in the fourth quarter. WoodTrust Financial Corp now owns 27,722 shares of the conglomerate's stock valued at $6,262,000 after buying an additional 517 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new stake in shares of Honeywell International in the fourth quarter valued at $2,519,000. Finally, Souders Financial Advisors increased its stake in shares of Honeywell International by 6.9% in the fourth quarter. Souders Financial Advisors now owns 6,668 shares of the conglomerate's stock valued at $1,506,000 after buying an additional 431 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Honeywell International Trading Up 1.5 %

HON traded up $3.26 during midday trading on Friday, reaching $214.52. 5,682,281 shares of the company were exchanged, compared to its average volume of 4,335,279. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The stock has a market capitalization of $139.42 billion, a P/E ratio of 24.63, a PEG ratio of 2.51 and a beta of 1.08. The stock's 50-day simple moving average is $216.76 and its 200 day simple moving average is $216.17.

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

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. HSBC upgraded 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. StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a research note on Monday, December 23rd. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their target price for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Barclays lowered their price objective on Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Finally, Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Ten investment 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's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price 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.