Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Apriem Advisors

Apriem Advisors increased its stake in Honeywell International Inc. (NASDAQ:HON) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,070 shares of the conglomerate’s stock after acquiring an additional 111 shares during the period. Apriem Advisors’ holdings in Honeywell International were worth $1,145,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC lifted its position 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 purchasing an additional 174 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Honeywell International by 1.2% in the third quarter. Assenagon Asset Management S.A. now owns 18,892 shares of the conglomerate’s stock valued at $3,905,000 after buying an additional 232 shares in the last quarter. MONECO Advisors LLC lifted its holdings in Honeywell International by 23.5% during the 3rd quarter. MONECO Advisors LLC now owns 5,027 shares of the conglomerate’s stock worth $1,039,000 after buying an additional 958 shares during the last quarter. Fidelis Capital Partners LLC boosted its position in shares of Honeywell International by 5.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 9,934 shares of the conglomerate’s stock worth $2,189,000 after acquiring an additional 474 shares in the last quarter. Finally, Jacobsen Capital Management increased its holdings in shares of Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after acquiring an additional 50 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, VP Anne T. Madden sold 28,885 shares of the company’s 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 sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

HON has been the subject of several recent analyst reports. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Citigroup lowered their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Stock Performance

NASDAQ HON opened at $211.33 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business’s 50 day moving average is $219.17 and its two-hundred day moving average is $215.63. The stock has a market capitalization of $137.35 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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%. Research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. Honeywell International’s dividend payout ratio (DPR) is presently 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.