Honeywell International Inc. (NASDAQ:HON) Position Boosted by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 13.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,267 shares of the conglomerate’s stock after acquiring an additional 2,455 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Honeywell International were worth $4,578,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Mainstream Capital Management LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at approximately $25,000. Avalon Trust Co grew its position in Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Hoese & Co LLP acquired a new position in shares of Honeywell International during the 4th quarter worth $30,000. Curio Wealth LLC bought a new position in shares of Honeywell International during the 4th quarter valued at $35,000. Finally, Alexis Investment Partners LLC acquired a new stake in shares of Honeywell International in the 4th quarter valued at $37,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 2.1 %

HON stock opened at $198.37 on Wednesday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve 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 $127.60 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The business’s 50-day simple moving average is $205.56 and its 200 day simple moving average is $216.01.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping 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%. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio is 51.89%.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction 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 completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Morgan Stanley raised their target price on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Wells Fargo & Company reduced their target price on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and increased their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating for the company in a research note on Tuesday, April 8th. Finally, Royal Bank of Canada lowered their target price on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus price target of $242.15.

Honeywell International 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.