LaSalle St. Investment Advisors LLC Buys 370 Shares of Honeywell International Inc. (NASDAQ:HON)

LaSalle St. Investment Advisors LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 32.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,494 shares of the conglomerate’s stock after purchasing an additional 370 shares during the quarter. LaSalle St. Investment Advisors LLC’s holdings in Honeywell International were worth $337,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC boosted its stake in 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 acquiring an additional 174 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of Honeywell International by 1.1% during the 3rd quarter. M&T Bank Corp now owns 298,210 shares of the conglomerate’s stock valued at $61,643,000 after purchasing an additional 3,143 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Honeywell International by 15.4% in the 3rd quarter. Westside Investment Management Inc. now owns 375 shares of the conglomerate’s stock worth $78,000 after purchasing an additional 50 shares in the last quarter. Tudor Financial Inc. purchased a new position in Honeywell International during the 3rd quarter worth $425,000. Finally, Anchor Investment Management LLC increased its position in Honeywell International by 46.4% during the 3rd quarter. Anchor Investment Management LLC now owns 962 shares of the conglomerate’s stock valued at $199,000 after buying an additional 305 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.9 %

Shares of HON stock opened at $200.25 on Tuesday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock has a market cap of $130.15 billion, a P/E ratio of 22.99, a P/E/G ratio of 2.51 and a beta of 1.01. The stock has a 50 day moving average of $206.83 and a 200 day moving average of $216.43. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Friday, February 28th. Honeywell International’s payout ratio is currently 51.89%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HON shares. Royal Bank of Canada lowered their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. 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. JPMorgan Chase & Co. cut their price target on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Barclays decreased their price target on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Finally, Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $242.15.

Insider Activity

In other 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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.41% of the company’s stock.

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.