Honeywell International Inc. (NASDAQ:HON) Shares Purchased by MONECO Advisors LLC

MONECO Advisors LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 14.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,775 shares of the conglomerate’s stock after acquiring an additional 748 shares during the period. MONECO Advisors LLC’s holdings in Honeywell International were worth $1,304,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. DORCHESTER WEALTH MANAGEMENT Co purchased a new stake in Honeywell International during the 4th quarter worth about $394,000. Howard Capital Management Inc. raised its position in shares of Honeywell International by 3.1% during the 4th quarter. Howard Capital Management Inc. now owns 19,431 shares of the conglomerate’s stock worth $4,389,000 after acquiring an additional 576 shares in the last quarter. Integral Investment Advisors Inc. lifted its stake in Honeywell International by 4.5% during the fourth quarter. Integral Investment Advisors Inc. now owns 7,147 shares of the conglomerate’s stock worth $1,615,000 after purchasing an additional 306 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in Honeywell International by 4.4% in the fourth quarter. Wealthspire Advisors LLC now owns 7,474 shares of the conglomerate’s stock valued at $1,688,000 after purchasing an additional 317 shares in the last quarter. Finally, Arbor Investment Advisors LLC purchased a new position in Honeywell International in the fourth quarter valued at approximately $202,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Honeywell International stock opened at $211.94 on Monday. The business has a 50 day simple moving average of $220.43 and a 200-day simple moving average of $215.49. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month 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 stock has a market capitalization of $137.74 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued 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 dividend payout ratio is presently 51.89%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Jefferies Financial Group boosted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research 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. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a report on Wednesday, December 11th. Finally, Bank of America raised their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the 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 completion of the transaction, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by insiders.

About Honeywell International

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.