2,362 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, Holdings Channel reports. The fund bought 2,362 shares of the conglomerate’s stock, valued at approximately $534,000.

Several other large investors have also modified their holdings of HON. Essex Financial Services Inc. lifted its stake in shares of Honeywell International by 12.4% during the 4th quarter. Essex Financial Services Inc. now owns 12,363 shares of the conglomerate’s stock worth $2,793,000 after purchasing an additional 1,360 shares during the last quarter. Violich Capital Management Inc. raised its holdings in Honeywell International by 49.1% in the fourth quarter. Violich Capital Management Inc. now owns 64,481 shares of the conglomerate’s stock worth $14,566,000 after purchasing an additional 21,235 shares in the last quarter. Mill Creek Capital Advisors LLC lifted its position in shares of Honeywell International by 5.6% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 2,378 shares of the conglomerate’s stock valued at $537,000 after buying an additional 126 shares during the last quarter. First Fiduciary Investment Counsel Inc. lifted its position in shares of Honeywell International by 1.0% during the fourth quarter. First Fiduciary Investment Counsel Inc. now owns 84,633 shares of the conglomerate’s stock valued at $19,118,000 after buying an additional 868 shares during the last quarter. Finally, Sapient Capital LLC grew its position in shares of Honeywell International by 5.1% in the 4th quarter. Sapient Capital LLC now owns 4,896 shares of the conglomerate’s stock worth $1,106,000 after buying an additional 238 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on 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 transaction, the vice president now owns 41,580 shares of the company’s stock, 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 link. 0.41% of the stock is owned by company insiders.

Honeywell International Stock Down 0.8 %

NASDAQ:HON opened at $206.94 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12. The company’s fifty day moving average price is $224.09 and its 200-day moving average price is $215.15. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The firm has a market capitalization of $134.56 billion, a P/E ratio of 23.76, a PEG ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping 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, equities research analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HON shares. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Bank of America increased their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Wells Fargo & Company dropped their target price on 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. Royal Bank of Canada decreased their price target 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. Finally, Morgan Stanley boosted their price target on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $248.71.

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.