Honeywell International Inc. (NASDAQ:HON) Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 41.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,745 shares of the conglomerate’s stock after acquiring an additional 6,951 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Honeywell International were worth $5,364,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Howard Capital Management Group LLC increased its holdings in shares of 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 buying an additional 174 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Honeywell International by 5.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 29,295 shares of the conglomerate’s stock worth $6,056,000 after buying an additional 1,511 shares during the last quarter. United Advisor Group LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $383,000. Radnor Capital Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $883,000. Finally, Maia Wealth LLC increased its holdings in shares of Honeywell International by 6.2% during the 3rd quarter. Maia Wealth LLC now owns 1,132 shares of the conglomerate’s stock worth $237,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON opened at $211.26 on Friday. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The firm’s fifty day simple moving average is $217.06 and its 200-day simple moving average is $216.06. The firm has a market capitalization of $137.30 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.51 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

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

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.14%. Honeywell International’s dividend payout ratio is currently 51.89%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Royal Bank of Canada cut their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Citigroup lowered their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Morgan Stanley increased their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $249.38.

Insider Buying and Selling

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 transaction, the vice president now directly owns 41,580 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by company 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.