Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 30.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,157 shares of the conglomerate’s stock after purchasing an additional 500 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Honeywell International were worth $487,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Baldwin Wealth Partners LLC MA lifted its holdings in shares of Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares in the last quarter. Costello Asset Management INC acquired a new position in Honeywell International during the fourth quarter valued at $3,092,000. RIA Advisory Group LLC purchased a new stake in Honeywell International in the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. acquired a new stake in Honeywell International during the 3rd quarter worth about $454,000. Finally, Sargent Investment Group LLC increased its holdings in shares of Honeywell International by 268.6% in the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after purchasing an additional 4,082 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $211.94 on Friday. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company has a market cap of $137.74 billion, a P/E ratio of 24.33, a P/E/G ratio of 2.50 and a beta of 1.05. The business’s 50 day moving average is $220.43 and its two-hundred day moving average is $215.25.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates 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 expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.13%. Honeywell International’s payout ratio is currently 51.89%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction 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 in the company, valued at $8,644,066.20. This represents 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 hyperlink. Company insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on HON shares. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Barclays reduced their price objective on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Jefferies Financial Group upped their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Bank of America lifted their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International has an average rating of “Moderate Buy” and an average target price 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.