Private Advisor Group LLC Buys 2,627 Shares of Honeywell International Inc. (NASDAQ:HON)

Private Advisor Group LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,468 shares of the conglomerate’s stock after buying an additional 2,627 shares during the quarter. Private Advisor Group LLC’s holdings in Honeywell International were worth $19,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Howard Capital Management Group LLC raised its position in Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after acquiring an additional 174 shares during the period. Calton & Associates Inc. raised its holdings in Honeywell International by 22.3% in the 3rd quarter. Calton & Associates Inc. now owns 1,839 shares of the conglomerate’s stock worth $380,000 after purchasing an additional 335 shares during the period. Accordant Advisory Group Inc lifted its position in Honeywell International by 71.9% during the third quarter. Accordant Advisory Group Inc now owns 478 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 200 shares in the last quarter. Tempus Wealth Planning LLC grew its holdings in Honeywell International by 2.3% during the third quarter. Tempus Wealth Planning LLC now owns 7,248 shares of the conglomerate’s stock valued at $1,498,000 after purchasing an additional 162 shares during the period. Finally, Community Trust & Investment Co. increased its position in Honeywell International by 0.9% in the third quarter. Community Trust & Investment Co. now owns 101,503 shares of the conglomerate’s stock worth $20,982,000 after buying an additional 922 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Morgan Stanley lifted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 11th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by insiders.

Honeywell International Trading Up 1.3 %

Shares of HON opened at $210.81 on Thursday. The stock has a market capitalization of $137.08 billion, a PE ratio of 24.20, a P/E/G ratio of 2.41 and a beta of 1.05. The company’s fifty day moving average is $221.07 and its 200 day moving average is $215.19. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. Sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share 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. Stockholders 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 dividend yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

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.