Crux Wealth Advisors Makes New $315,000 Investment in Honeywell International Inc. (NASDAQ:HON)

Crux Wealth Advisors bought a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,393 shares of the conglomerate's stock, valued at approximately $315,000.

Other hedge funds have also made changes to their positions in the company. Nicolet Bankshares Inc. boosted its position in Honeywell International by 1.4% during the 4th quarter. Nicolet Bankshares Inc. now owns 7,918 shares of the conglomerate's stock worth $1,789,000 after acquiring an additional 109 shares during the period. Philadelphia Trust Co. increased its stake in Honeywell International by 1.2% in the 4th quarter. Philadelphia Trust Co. now owns 70,909 shares of the conglomerate's stock valued at $16,018,000 after buying an additional 858 shares during the period. Petros Family Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter valued at $383,000. Coign Capital Advisors LLC purchased a new stake in shares of Honeywell International during the fourth quarter worth $434,000. Finally, Integrity Financial Corp WA purchased a new position in Honeywell International in the fourth quarter valued at about $247,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Insider Activity at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on 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 transaction, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HON has been the topic of a number of research reports. StockNews.com downgraded Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Royal Bank of Canada decreased their price objective 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. JPMorgan Chase & Co. cut their target price on Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Morgan Stanley upped their price target on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company reduced their target price on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $242.15.

Honeywell International Stock Performance

Honeywell International stock traded up $3.32 during trading hours on Friday, hitting $196.60. The stock had a trading volume of 3,215,553 shares, compared to its average volume of 3,637,677. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a market cap of $126.46 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The company has a 50-day moving average of $206.12 and a two-hundred day moving average of $216.08. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. On average, equities research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced 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. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.30%. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

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.