Mirador Capital Partners LP Buys 2,773 Shares of Honeywell International Inc. $HON

Mirador Capital Partners LP increased its stake in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 173.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,375 shares of the conglomerate’s stock after acquiring an additional 2,773 shares during the period. Mirador Capital Partners LP’s holdings in Honeywell International were worth $854,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new position in Honeywell International during the 4th quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Honeywell International in the third quarter valued at about $31,000. Howard Hughes Medical Institute acquired a new position in shares of Honeywell International during the second quarter worth about $33,000. Finally, Cedar Mountain Advisors LLC grew its holdings in shares of Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after buying an additional 84 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 0.9%

Shares of Honeywell International stock opened at $223.12 on Friday. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $248.18. The stock has a market cap of $141.83 billion, a P/E ratio of 27.92, a P/E/G ratio of 3.26 and a beta of 0.92. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. The business’s 50 day moving average is $233.39 and its 200-day moving average is $213.00.

Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.54 by $0.05. The business had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $2.47 earnings per share. Equities research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is 59.57%.

Insider Activity

In related news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director owned 31,081 shares in the company, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert D. Mailloux sold 10,549 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $229.00, for a total value of $2,415,721.00. Following the transaction, the vice president directly owned 4,803 shares in the company, valued at approximately $1,099,887. This trade represents a 68.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,190 shares of company stock worth $4,244,287 over the last 90 days. 0.20% of the stock is owned by company insiders.

Honeywell International News Roundup

Here are the key news stories impacting Honeywell International this week:

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Daiwa Securities Group boosted their target price on Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Morgan Stanley boosted their price objective on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. DZ Bank reduced their target price on shares of Honeywell International from $248.00 to $237.00 in a report on Tuesday, December 23rd. Sanford C. Bernstein set a $255.00 target price on shares of Honeywell International in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and a consensus target price of $252.54.

View Our Latest Report on HON

Honeywell International Company Profile

(Free Report)

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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