Honeywell International Inc. (NASDAQ:HON) Shares Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 121.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,187 shares of the conglomerate's stock after purchasing an additional 5,046 shares during the period. Arete Wealth Advisors LLC's holdings in Honeywell International were worth $2,134,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HON. World Investment Advisors lifted its holdings in shares of Honeywell International by 137.7% in the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after acquiring an additional 12,969 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in Honeywell International by 3.7% in the fourth quarter. Nicolet Advisory Services LLC now owns 10,851 shares of the conglomerate's stock worth $2,368,000 after purchasing an additional 387 shares during the last quarter. SevenBridge Financial Group LLC grew its stake in shares of Honeywell International by 8.2% during the fourth quarter. SevenBridge Financial Group LLC now owns 17,097 shares of the conglomerate's stock valued at $3,538,000 after buying an additional 1,299 shares during the last quarter. OneAscent Financial Services LLC bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $464,000. Finally, Kesler Norman & Wride LLC increased its stake in Honeywell International by 1.6% in the fourth quarter. Kesler Norman & Wride LLC now owns 9,408 shares of the conglomerate's stock worth $2,125,000 after purchasing an additional 146 shares during the period. 75.91% of the stock is currently owned by institutional investors.

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Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, 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 document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Down 1.9 %

Honeywell International stock traded down $3.61 during midday trading on Tuesday, reaching $183.85. The company's stock had a trading volume of 3,849,057 shares, compared to its average volume of 3,560,808. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a 52-week low of $183.39 and a 52-week high of $242.77. The stock has a market capitalization of $119.49 billion, a P/E ratio of 21.16, a PEG ratio of 2.51 and a beta of 1.01. The stock's 50-day simple moving average is $210.86 and its 200-day simple moving average is $217.10.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly 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%. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders 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 2.46%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wells Fargo & Company lowered their target price on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a research note on Friday, February 7th. Morgan Stanley upped 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 note on Tuesday, February 11th. The Goldman Sachs Group lifted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their price objective for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Finally, Royal Bank of Canada lowered their target price on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Ten research 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 data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $245.00.

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.