Sanctuary Advisors LLC Has $42.59 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Sanctuary Advisors LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,080 shares of the conglomerate’s stock after buying an additional 1,802 shares during the quarter. Sanctuary Advisors LLC’s holdings in Honeywell International were worth $42,589,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter valued at about $29,000. Hoese & Co LLP bought a new position in shares of Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. grew 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 in the last quarter. Finally, Planning Capital Management Corp increased its position in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity 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 stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by corporate insiders.

Honeywell International Price Performance

Honeywell International stock opened at $202.75 on Monday. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The business has a fifty day moving average price of $222.30 and a 200-day moving average price of $215.13. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12. The firm has a market capitalization of $131.84 billion, a P/E ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.23%. Honeywell International’s dividend payout ratio is 51.89%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HON. Jefferies Financial Group upped their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $248.71.

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.