Signet Investment Advisory Group Inc. Has $5.63 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Signet Investment Advisory Group Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 50.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 24,925 shares of the conglomerate’s stock after purchasing an additional 8,328 shares during the period. Honeywell International makes up 2.9% of Signet Investment Advisory Group Inc.’s holdings, making the stock its 11th largest position. Signet Investment Advisory Group Inc.’s holdings in Honeywell International were worth $5,630,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International in the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the 3rd quarter valued at approximately $29,000. Hoese & Co LLP bought a new position in Honeywell International in the 4th quarter worth approximately $30,000. Financial Avengers Inc. lifted its holdings in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $206.94 on Wednesday. The stock has a market capitalization of $134.56 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 2.55 and a beta of 1.05. The firm’s 50-day moving average price is $224.09 and its two-hundred day moving average price is $215.15. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping analysts’ consensus estimates 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, equities analysts predict that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. UBS Group reiterated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

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.