Bay Colony Advisory Group Inc d b a Bay Colony Advisors Grows Holdings in Honeywell International Inc. (NASDAQ:HON)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 55.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,285 shares of the conglomerate's stock after buying an additional 4,374 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors' holdings in Honeywell International were worth $2,775,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the third quarter worth $25,000. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $25,000. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $30,000. Financial Avengers Inc. raised its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp raised its holdings in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HON. Citigroup lowered their target price on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Royal Bank of Canada lowered their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Jefferies Financial Group increased their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. Finally, UBS Group reiterated a "buy" rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Honeywell International has a consensus rating of "Hold" and an average price target of $249.38.

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Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business'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 completion of the transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. The trade was 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 accessible through the SEC website. Corporate insiders own 0.41% of the company's stock.

Honeywell International Stock Performance

Shares of HON traded up $3.26 during trading hours on Friday, hitting $214.52. The company's stock had a trading volume of 5,682,281 shares, compared to its average volume of 4,335,279. The company has a market cap of $139.42 billion, a price-to-earnings ratio of 24.63, 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. The business has a 50 day simple moving average of $216.76 and a two-hundred day simple moving average of $216.28. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77.

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, topping 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%. On average, equities analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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

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.