2,430 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Triad Wealth Partners LLC

Triad Wealth Partners LLC bought a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,430 shares of the conglomerate's stock, valued at approximately $549,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Mainstream Capital Management LLC purchased a new position in shares of Honeywell International during the fourth quarter worth approximately $25,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter worth $25,000. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter worth $30,000. Financial Avengers Inc. increased 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 worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after buying an additional 81 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and lifted their target price for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Royal Bank of Canada cut 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 report on Friday, February 7th. Morgan Stanley lifted their price target 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. Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Finally, Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday, November 14th. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of "Hold" and a consensus price target of $249.38.

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Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is owned by insiders.

Honeywell International Trading Up 1.5 %

Shares of NASDAQ:HON traded up $3.26 on Friday, hitting $214.52. 5,682,281 shares of the company's stock were exchanged, compared to its average volume of 4,335,279. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The stock has a market capitalization of $139.42 billion, a price-to-earnings ratio of 24.63, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The business's 50 day simple moving average is $216.76 and its two-hundred day simple moving average is $216.17. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

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, 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%. Analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $1.13 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.11%. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Honeywell International Company 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.