one8zero8 LLC Makes New Investment in Honeywell International Inc. (NASDAQ:HON)

one8zero8 LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,260 shares of the conglomerate's stock, valued at approximately $511,000.

Several other institutional investors also recently modified their holdings of the stock. Howard Capital Management Group LLC lifted 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 purchasing an additional 174 shares in the last quarter. United Bank lifted its holdings in shares of Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate's stock valued at $1,692,000 after purchasing an additional 220 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Honeywell International in the third quarter valued at $414,000. Schear Investment Advisers LLC lifted its holdings in shares of Honeywell International by 8.6% in the third quarter. Schear Investment Advisers LLC now owns 6,712 shares of the conglomerate's stock valued at $1,387,000 after purchasing an additional 529 shares in the last quarter. Finally, Adero Partners LLC lifted its holdings in shares of Honeywell International by 9.6% in the third quarter. Adero Partners LLC now owns 1,269 shares of the conglomerate's stock valued at $262,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HON. StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Finally, Morgan Stanley increased their price objective on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $249.38.

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Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $2.24 during midday trading on Thursday, hitting $210.89. The company's stock had a trading volume of 3,574,246 shares, compared to its average volume of 4,332,233. The stock has a market capitalization of $137.06 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 2.51 and a beta of 1.08. The stock's 50 day simple moving average is $214.37 and its 200 day simple moving average is $216.56. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. 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 (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) 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%. 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 company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors 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 yield of 2.14%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction dated 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 completion of the transaction, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is owned by company insiders.

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.