Independent Solutions Wealth Management LLC Buys 3,750 Shares of Honeywell International Inc. (NASDAQ:HON)

Independent Solutions Wealth Management LLC raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 113.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,054 shares of the conglomerate's stock after buying an additional 3,750 shares during the period. Independent Solutions Wealth Management LLC's holdings in Honeywell International were worth $1,593,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HON. Howard Capital Management Group LLC raised its holdings in shares of Honeywell International by 6.7% in the third 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 during the last quarter. United Bank raised its stake in shares of Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate's stock worth $1,692,000 after acquiring an additional 220 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Honeywell International during the third quarter worth approximately $414,000. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Honeywell International during the third quarter valued at approximately $412,000. Finally, Advisors Asset Management Inc. increased its holdings in shares of Honeywell International by 2.6% in the third quarter. Advisors Asset Management Inc. now owns 16,484 shares of the conglomerate's stock valued at $3,407,000 after purchasing an additional 425 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

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Honeywell International Trading Up 0.1 %

Honeywell International stock traded up $0.27 during mid-day trading on Tuesday, hitting $212.12. 3,810,255 shares of the company's stock were exchanged, compared to its average volume of 3,229,621. The company's 50 day simple moving average is $213.88 and its 200-day simple moving average is $216.75. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $137.86 billion, a P/E ratio of 24.35, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping analysts' consensus estimates 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 analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio is 51.89%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company decreased their price target on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Citigroup dropped their price objective on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. Royal Bank of Canada reduced their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research note on Friday, February 7th. Finally, Jefferies Financial Group boosted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research note on Tuesday, December 17th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Honeywell International has a consensus rating of "Hold" and a consensus price target of $249.38.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by company insiders.

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.