Tradewinds LLC. Acquires 2,279 Shares of Honeywell International Inc. (NASDAQ:HON)

Tradewinds LLC. boosted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,067 shares of the conglomerate's stock after acquiring an additional 2,279 shares during the quarter. Honeywell International comprises about 1.8% of Tradewinds LLC.'s investment portfolio, making the stock its 16th biggest holding. Tradewinds LLC.'s holdings in Honeywell International were worth $6,254,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $25,000. Avalon Trust Co raised its holdings in Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after buying an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. boosted its holdings in shares of 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 buying an additional 50 shares during the period. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International in the fourth quarter worth approximately $35,000. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

Honeywell International stock traded down $15.69 during trading hours on Friday, reaching $190.99. 8,445,242 shares of the company were exchanged, compared to its average volume of 3,536,397. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The firm has a market cap of $124.13 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.51 and a beta of 1.08. 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 stock has a 50-day moving average of $211.63 and a 200 day moving average of $217.10.

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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, topping 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%. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.37%. Honeywell International's dividend payout ratio is 51.89%.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

HON has been the topic of several research analyst reports. Citigroup lowered their price objective on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. dropped their price target on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. 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 report on Wednesday, December 11th. The Goldman Sachs Group upped their target price on Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada decreased their price target 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. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and a consensus target price of $249.08.

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.