2,148 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Crowley Wealth Management Inc.

Crowley Wealth Management Inc. purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,148 shares of the conglomerate's stock, valued at approximately $485,000.

A number of other large investors also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International during the 3rd quarter worth about $25,000. Mainstream Capital Management LLC purchased a new stake in Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co raised its stake in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after acquiring an additional 75 shares during the period. Hoese & Co LLP acquired a new position in shares of Honeywell International during the 4th quarter valued at $30,000. Finally, Financial Avengers Inc. boosted its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm's 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 sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by company insiders.

Remove Ads

Wall Street Analyst Weigh In

HON has been the topic of several research reports. 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. Citigroup reduced their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Finally, Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $249.08.

Honeywell International Stock Up 0.5 %

Honeywell International stock traded up $1.05 during midday trading on Thursday, hitting $214.17. The stock had a trading volume of 3,584,255 shares, compared to its average volume of 3,248,046. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business has a fifty day moving average price of $213.45 and a 200 day moving average price of $216.81. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The stock has a market cap of $139.19 billion, a P/E ratio of 24.59, a P/E/G ratio of 2.51 and a beta of 1.08.

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

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio is presently 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.