CoreFirst Bank & Trust Takes Position in Honeywell International Inc. (NASDAQ:HON)

CoreFirst Bank & Trust purchased a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,241 shares of the conglomerate's stock, valued at approximately $506,000.

Several other institutional investors also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA increased its holdings in Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock valued at $15,203,000 after buying an additional 2,611 shares during the period. Coordinated Financial Services Inc. bought a new stake in shares of Honeywell International in the 4th quarter valued at about $361,000. Costello Asset Management INC purchased a new position in shares of Honeywell International in the 4th quarter worth approximately $3,092,000. Raymond James Financial Inc. bought a new position in shares of Honeywell International during the 4th quarter worth approximately $435,786,000. Finally, Dynasty Wealth Management LLC lifted its position in Honeywell International by 52.1% during 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 last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on HON shares. Morgan Stanley increased their price objective on Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Jefferies Financial Group raised their price target on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Barclays cut their price objective on shares of Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $249.08.

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Honeywell International Price Performance

Shares of Honeywell International stock traded down $3.83 on Friday, hitting $210.34. The company's stock had a trading volume of 3,253,329 shares, compared to its average volume of 3,488,591. 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 1 year low of $189.75 and a 1 year high of $242.77. The firm has a fifty day moving average price of $213.21 and a 200-day moving average price of $216.98. The company has a market capitalization of $136.70 billion, a price-to-earnings ratio of 24.15, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08.

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

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated Monday, February 10th. The shares were 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 in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction 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 Company 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.