Honeywell International Inc. (NASDAQ:HON) Shares Bought by Hudson Value Partners LLC

Hudson Value Partners LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 24.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,857 shares of the conglomerate’s stock after buying an additional 564 shares during the period. Hudson Value Partners LLC’s holdings in Honeywell International were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in HON. Howard Capital Management Group LLC lifted its holdings in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock valued at $571,000 after purchasing an additional 174 shares in the last quarter. Vest Financial LLC increased its stake in Honeywell International by 151.2% during the third quarter. Vest Financial LLC now owns 5,624 shares of the conglomerate’s stock worth $1,163,000 after acquiring an additional 3,385 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Honeywell International by 33.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 268,637 shares of the conglomerate’s stock worth $55,530,000 after buying an additional 66,887 shares during the period. Trilogy Capital Inc. lifted its position in Honeywell International by 2.1% during the 3rd quarter. Trilogy Capital Inc. now owns 2,550 shares of the conglomerate’s stock worth $527,000 after acquiring an additional 52 shares in the last quarter. Finally, Jade Capital Advisors LLC acquired a new stake in shares of Honeywell International during the third quarter valued at about $1,034,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HON. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. 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. Barclays cut their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Ten research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Stock Up 2.6 %

HON stock opened at $208.04 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The stock has a market capitalization of $135.28 billion, a P/E ratio of 23.89, a P/E/G ratio of 2.55 and a beta of 1.05. The business has a 50-day moving average of $221.43 and a 200-day moving average of $215.23.

Honeywell International (NASDAQ:HON) last issued its earnings results 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 net margin of 14.82% and a return on equity of 35.78%. On average, sell-side analysts anticipate that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $1.13 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.17%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.41% of the company’s stock.

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.