Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,424 shares of the conglomerate’s stock after acquiring an additional 165 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Honeywell International were worth $2,806,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth about $25,000. Avalon Trust Co increased its position in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after buying an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. boosted its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the period. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International during the fourth quarter worth approximately $35,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 0.8 %

Shares of NASDAQ HON opened at $213.45 on Wednesday. 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 firm has a 50-day moving average price of $212.76 and a 200 day moving average price of $217.19. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The stock has a market capitalization of $138.73 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) 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 research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Friday, February 28th. Honeywell International’s dividend payout ratio is currently 51.89%.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm’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 completion of the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on HON. Barclays decreased their price target on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their target price for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup decreased their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $249.08.

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.