Sanctuary Advisors LLC Buys 1,802 Shares of Honeywell International Inc. (NASDAQ:HON)

Sanctuary Advisors LLC raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 190,080 shares of the conglomerate's stock after acquiring an additional 1,802 shares during the quarter. Sanctuary Advisors LLC's holdings in Honeywell International were worth $42,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of HON. Wellington Management Group LLP grew its holdings in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. International Assets Investment Management LLC grew its holdings in Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate's stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the period. Cibc World Market Inc. grew its holdings in Honeywell International by 320.5% during the fourth quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate's stock valued at $193,890,000 after purchasing an additional 654,207 shares during the period. Mizuho Securities USA LLC grew its holdings in Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate's stock valued at $129,415,000 after purchasing an additional 575,865 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. Finally, Morgan Stanley raised their price target 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 research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Honeywell International has a consensus rating of "Moderate Buy" and a consensus target price of $248.71.

Honeywell International Price Performance

NASDAQ HON traded up $0.54 during trading hours on Thursday, reaching $211.35. 3,635,312 shares of the stock traded hands, compared to its average volume of 4,115,585. The stock has a 50 day simple moving average of $221.07 and a two-hundred day simple moving average of $215.19. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The company has a market cap of $137.36 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05.

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

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.14%. Honeywell International's dividend payout ratio is currently 51.89%.

Insider Transactions at Honeywell International

In other 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 value of $6,004,902.65. Following the transaction, the vice president now owns 41,580 shares in the company, valued at approximately $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 accessible through this hyperlink. Company insiders own 0.41% of the company's stock.

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.