1,400 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Polymer Capital Management HK LTD

Polymer Capital Management HK LTD bought a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,400 shares of the conglomerate's stock, valued at approximately $316,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mainstream Capital Management LLC bought a new position in shares of Honeywell International during the 4th quarter valued at approximately $25,000. Avalon Trust Co lifted its stake in 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 purchasing an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new stake in Honeywell International in the fourth quarter worth $30,000. Financial Avengers Inc. raised its stake in shares of 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 buying an additional 50 shares during the period. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $5.16 during mid-day trading on Friday, reaching $198.55. 5,102,399 shares of the company were exchanged, compared to its average volume of 3,625,920. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company's 50 day moving average price is $207.27 and its 200 day moving average price is $216.42. The stock has a market capitalization of $129.04 billion, a PE ratio of 22.80, a PEG ratio of 2.51 and a beta of 1.01. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

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Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 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%. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced 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 2.28%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio is currently 51.89%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HON shares. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a report on Tuesday. Wells Fargo & Company lowered their price target on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Friday, February 7th. Citigroup cut their price objective on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Finally, Barclays cut their price target on Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $245.00.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on 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 sale, the vice president now owns 41,580 shares of the company's stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

Honeywell International 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.