6,854 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Stenger Family Office LLC

Stenger Family Office LLC bought a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,854 shares of the conglomerate's stock, valued at approximately $1,548,000.

A number of other institutional investors have also bought and sold shares of HON. Howard Capital Management Group LLC grew its holdings in Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after purchasing an additional 174 shares during the period. M&T Bank Corp grew its stake in shares of Honeywell International by 1.1% in the 3rd quarter. M&T Bank Corp now owns 298,210 shares of the conglomerate's stock valued at $61,643,000 after buying an additional 3,143 shares during the period. Westside Investment Management Inc. increased its position in Honeywell International by 15.4% in the 3rd quarter. Westside Investment Management Inc. now owns 375 shares of the conglomerate's stock valued at $78,000 after buying an additional 50 shares in the last quarter. Tudor Financial Inc. acquired a new position in Honeywell International during the 3rd quarter worth approximately $425,000. Finally, Anchor Investment Management LLC grew its stake in Honeywell International by 46.4% in the third quarter. Anchor Investment Management LLC now owns 962 shares of the conglomerate's stock valued at $199,000 after acquiring an additional 305 shares during the period. Institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HON. Citigroup cut their target price on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a report on Monday. Wells Fargo & Company dropped their price objective on shares of 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. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Morgan Stanley lifted their price target on Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 11th. Finally, Royal Bank of Canada lowered their price objective on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $242.15.

Honeywell International Trading Up 1.7 %

HON stock traded up $3.32 during trading on Friday, hitting $196.60. 3,215,553 shares of the company traded hands, compared to its average volume of 3,643,655. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The company has a 50-day moving average of $205.92 and a 200-day moving average of $216.02. The firm has a market capitalization of $126.46 billion, a PE ratio of 22.57, a P/E/G ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

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

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Friday, February 28th. Honeywell International's payout ratio is 51.89%.

Insider Activity at Honeywell International

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 value of $6,004,902.65. Following the completion of the sale, the vice president now directly 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 filing with the SEC, which is available at this link. 0.41% of the stock is currently owned by company 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.