ST. Nicholas Private Asset Management Inc. Makes New $248,000 Investment in Honeywell International Inc. (NASDAQ:HON)

ST. Nicholas Private Asset Management Inc. purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,098 shares of the conglomerate’s stock, valued at approximately $248,000.

Several other large investors have also recently made changes to their positions in HON. Richardson Capital Management LLC increased its stake in shares of Honeywell International by 294.1% in the fourth quarter. Richardson Capital Management LLC now owns 670 shares of the conglomerate’s stock worth $151,000 after buying an additional 500 shares during the period. Callan Capital LLC increased its stake in shares of Honeywell International by 13.2% in the fourth quarter. Callan Capital LLC now owns 2,746 shares of the conglomerate’s stock worth $620,000 after buying an additional 320 shares during the period. Oxbow Advisors LLC increased its stake in shares of Honeywell International by 6.4% in the fourth quarter. Oxbow Advisors LLC now owns 1,916 shares of the conglomerate’s stock worth $433,000 after buying an additional 115 shares during the period. Navellier & Associates Inc. increased its stake in shares of Honeywell International by 21.5% in the fourth quarter. Navellier & Associates Inc. now owns 3,505 shares of the conglomerate’s stock worth $792,000 after buying an additional 620 shares during the period. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of Honeywell International by 8.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 29,411 shares of the conglomerate’s stock worth $6,644,000 after buying an additional 2,304 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of HON stock 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 stock has a market cap of $137.74 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The company’s fifty day moving average price is $220.43 and its 200-day moving average price is $215.37.

Honeywell International (NASDAQ:HON) last announced its earnings results 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 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 fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, February 28th. Honeywell International’s dividend payout ratio is presently 51.89%.

Wall Street Analysts Forecast Growth

HON has been the topic of several analyst reports. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Morgan Stanley lifted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. Finally, Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $248.71.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 completion of the transaction, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is owned by insiders.

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.