CapWealth Advisors LLC Boosts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

CapWealth Advisors LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,884 shares of the conglomerate's stock after purchasing an additional 1,898 shares during the period. Honeywell International comprises 1.5% of CapWealth Advisors LLC's portfolio, making the stock its 29th largest holding. CapWealth Advisors LLC's holdings in Honeywell International were worth $13,527,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International during the 3rd quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter valued at approximately $29,000. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter valued at approximately $30,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after acquiring an additional 50 shares during the period. Finally, Planning Capital Management Corp boosted its stake in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Analysts Set New Price Targets

HON has been the topic of a number of recent research reports. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Wolfe Research downgraded Honeywell International from an "outperform" rating to a "peer perform" rating in a research note on Monday, October 28th. HSBC upgraded Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Morgan Stanley lifted their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Honeywell International presently has an average rating of "Moderate Buy" and an average target price of $248.71.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $5.29 on Tuesday, reaching $208.04. The company's stock had a trading volume of 4,896,669 shares, compared to its average volume of 4,100,424. The company has a 50-day simple moving average of $221.86 and a 200 day simple moving average of $215.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. The company has a market cap of $135.28 billion, a P/E ratio of 23.89, a PEG ratio of 2.55 and a beta of 1.05. 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 released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. As a group, equities research analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.17%. Honeywell International's dividend payout ratio is presently 51.89%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company'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 transaction, the vice president now owns 41,580 shares of the company's stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

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.