1,923 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Coign Capital Advisors LLC

Coign Capital Advisors LLC bought a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,923 shares of the conglomerate's stock, valued at approximately $434,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mainstream Capital Management LLC acquired a new position in Honeywell International in the 4th quarter valued at about $25,000. Avalon Trust Co increased its stake in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new position in Honeywell International in the fourth quarter valued at approximately $30,000. Curio Wealth LLC purchased a new stake in Honeywell International during the 4th quarter worth $35,000. Finally, Hopwood Financial Services Inc. purchased a new stake in shares of Honeywell International during the 4th quarter valued at about $44,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm's 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 sale, the vice president now directly owns 41,580 shares of the company's stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.41% of the company's stock.

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Honeywell International Stock Performance

HON traded down $3.97 during trading on Wednesday, hitting $194.84. 1,473,707 shares of the company traded hands, compared to its average volume of 3,621,110. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. 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 stock's fifty day moving average is $206.61 and its 200 day moving average is $216.31. The firm has a market cap of $125.33 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01.

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

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.32%. Honeywell International's payout ratio is 51.89%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HON. StockNews.com lowered shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Jefferies Financial Group lifted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a research report on Tuesday, December 17th. Citigroup dropped their price target on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday. Royal Bank of Canada reduced their price objective 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. Finally, 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. Ten investment 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, the company has a consensus rating of "Hold" and a consensus target price of $242.15.

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.