Steward Partners Investment Advisory LLC Purchases 7,957 Shares of Honeywell International Inc. (NASDAQ:HON)

Steward Partners Investment Advisory LLC grew its position in Honeywell International Inc. (NASDAQ:HON) by 10.3% in the fourth quarter, Holdings Channel reports. The fund owned 85,073 shares of the conglomerate’s stock after acquiring an additional 7,957 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Honeywell International were worth $19,217,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Howard Capital Management Group LLC raised its position in Honeywell International by 6.7% during the 3rd 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 last quarter. Farther Finance Advisors LLC raised its position in Honeywell International by 19.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,025 shares of the conglomerate’s stock worth $1,659,000 after purchasing an additional 1,279 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Honeywell International by 1.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 274,004 shares of the conglomerate’s stock worth $56,640,000 after purchasing an additional 3,645 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in Honeywell International by 0.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 14,966 shares of the conglomerate’s stock worth $3,094,000 after purchasing an additional 74 shares during the last quarter. Finally, Confluence Wealth Services Inc. raised its position in Honeywell International by 25.1% during the 3rd quarter. Confluence Wealth Services Inc. now owns 1,796 shares of the conglomerate’s stock worth $371,000 after purchasing an additional 360 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $212.02 on Tuesday. 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 50-day moving average of $218.27 and a 200-day moving average of $216.07. The company has a market cap of $137.80 billion, a PE ratio of 24.34, a P/E/G ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77.

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

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. Honeywell International’s dividend payout ratio (DPR) is currently 51.89%.

Analyst Upgrades and Downgrades

HON has been the subject of several analyst reports. Royal Bank of Canada lowered their target price on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Morgan Stanley raised their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and increased their price target for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Jefferies Financial Group increased their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Finally, Barclays decreased their price target on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $248.71.

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.