Capital Advisors Ltd. LLC Grows Stock Position in Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Ltd. LLC lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,747 shares of the conglomerate’s stock after buying an additional 93 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Honeywell International were worth $620,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter valued at approximately $29,000. Hoese & Co LLP acquired a new position in shares of Honeywell International in the 4th quarter valued at $30,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp grew its position in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HON. UBS Group reiterated a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a report on Wednesday, December 11th. Jefferies Financial Group upped their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Finally, Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and an average target price of $248.71.

Insiders Place Their Bets

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction on 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is owned by insiders.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $211.94 on Monday. The firm has a 50-day simple moving average of $220.43 and a 200-day simple moving average of $215.49. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $137.74 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s payout ratio is 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.