one8zero8 LLC Acquires New Shares in Honeywell International Inc. (NASDAQ:HON)

one8zero8 LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,260 shares of the conglomerate’s stock, valued at approximately $511,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mainstream Capital Management LLC purchased a new stake in Honeywell International during the 4th quarter valued at $25,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the third quarter worth $25,000. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter valued at $30,000. Financial Avengers Inc. lifted its holdings in 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, Hopwood Financial Services Inc. purchased a new position in Honeywell International in the fourth quarter worth about $44,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Up 1.3 %

Honeywell International stock opened at $209.47 on Monday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm’s 50 day moving average price is $215.05 and its 200-day moving average price is $216.58. 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 market cap of $136.14 billion, a P/E ratio of 24.05, a PEG ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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 sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on HON shares. Barclays reduced their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Morgan Stanley boosted their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $249.38.

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.