Strategic Advisors LLC Acquires 2,481 Shares of Honeywell International Inc. (NASDAQ:HON)

Strategic Advisors LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 51.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,297 shares of the conglomerate's stock after purchasing an additional 2,481 shares during the period. Strategic Advisors LLC's holdings in Honeywell International were worth $1,648,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HON. Creative Planning lifted its stake in shares of Honeywell International by 6.2% during the 3rd quarter. Creative Planning now owns 230,532 shares of the conglomerate's stock valued at $47,653,000 after buying an additional 13,420 shares in the last quarter. Howard Capital Management Group LLC lifted its stake in shares of Honeywell International by 6.7% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock valued at $571,000 after buying an additional 174 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in shares of Honeywell International by 9.2% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,054 shares of the conglomerate's stock valued at $218,000 after buying an additional 89 shares in the last quarter. Net Worth Advisory Group purchased a new stake in shares of Honeywell International during the 3rd quarter valued at approximately $577,000. Finally, Accurate Wealth Management LLC increased its holdings in Honeywell International by 3.0% during the 3rd quarter. Accurate Wealth Management LLC now owns 3,863 shares of the conglomerate's stock worth $840,000 after acquiring an additional 114 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling 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 sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on HON shares. UBS Group reaffirmed a "buy" rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Bank of America upped their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday, November 14th. Citigroup decreased their target price on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Finally, Robert W. Baird lowered shares of Honeywell International from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $248.71.

Honeywell International Stock Up 0.3 %

Shares of Honeywell International stock traded up $0.54 during trading on Thursday, hitting $211.35. The company's stock had a trading volume of 3,635,312 shares, compared to its average volume of 4,115,585. The company has a market capitalization of $137.36 billion, a PE ratio of 24.27, a P/E/G ratio of 2.47 and a beta of 1.05. 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 52 week low of $189.75 and a 52 week high of $242.77. The company has a fifty day simple moving average of $221.07 and a two-hundred day simple moving average of $215.19.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data 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 net margin of 14.82% and a return on equity of 35.78%. Equities research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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 yield of 2.14%. Honeywell International's dividend payout ratio is currently 51.89%.

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.