KLCM Advisors Inc. Grows Stock Position in Honeywell International Inc. (NASDAQ:HON)

KLCM Advisors Inc. boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,347 shares of the conglomerate’s stock after buying an additional 115 shares during the period. KLCM Advisors Inc.’s holdings in Honeywell International were worth $304,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA raised its holdings in Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after buying an additional 2,611 shares during the period. Costello Asset Management INC purchased a new stake in Honeywell International during the 4th quarter valued at $3,092,000. RIA Advisory Group LLC purchased a new stake in Honeywell International during the 3rd quarter valued at $6,124,000. Copley Financial Group Inc. purchased a new stake in Honeywell International during the 3rd quarter valued at $454,000. Finally, Sargent Investment Group LLC raised its holdings in Honeywell International by 268.6% during the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after buying an additional 4,082 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on HON shares. Bank of America increased their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Morgan Stanley increased their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Finally, JPMorgan Chase & Co. reduced their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.71.

Honeywell International Stock Down 1.2 %

Shares of HON stock opened at $202.75 on Monday. The stock has a 50 day moving average of $222.30 and a 200 day moving average of $215.13. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. The stock has a market cap of $131.84 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.23%. Honeywell International’s dividend payout ratio is presently 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred 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 of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.41% of the company’s stock.

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.