1,477 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by MIG Capital LLC

MIG Capital LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,477 shares of the conglomerate's stock, valued at approximately $334,000.

A number of other large investors have also recently made changes to their positions in HON. Mainstream Capital Management LLC purchased a new position in Honeywell International during the 4th quarter worth $25,000. Avalon Trust Co lifted its position in shares of Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. Hoese & Co LLP acquired a new stake in Honeywell International during the fourth quarter worth approximately $30,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter worth about $35,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business'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 transaction, the vice president now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.41% of the company's stock.

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Honeywell International Stock Up 2.0 %

Shares of Honeywell International stock traded up $3.79 during trading on Friday, reaching $197.18. The stock had a trading volume of 1,568,155 shares, compared to its average volume of 3,610,078. The company has a market capitalization of $128.15 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 2.51 and a beta of 1.01. The stock has a fifty day moving average price of $207.77 and a two-hundred day moving average price of $216.48. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.

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, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Sell-side analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

A number of analysts recently issued reports on HON shares. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. Royal Bank of Canada reduced their price target on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. StockNews.com lowered shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Wells Fargo & Company cut their target price on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a research note on Friday, February 7th. Finally, Barclays cut their target price on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average 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.