WD Rutherford LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

WD Rutherford LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 18,473 shares of the conglomerate’s stock after acquiring an additional 828 shares during the period. Honeywell International accounts for about 2.0% of WD Rutherford LLC’s holdings, making the stock its 19th biggest position. WD Rutherford LLC’s holdings in Honeywell International were worth $4,173,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. JNBA Financial Advisors lifted its holdings in shares of Honeywell International by 24.6% during the 4th quarter. JNBA Financial Advisors now owns 2,580 shares of the conglomerate’s stock worth $583,000 after acquiring an additional 509 shares during the period. Sheaff Brock Investment Advisors LLC raised its stake in Honeywell International by 2.7% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 20,603 shares of the conglomerate’s stock worth $4,654,000 after purchasing an additional 543 shares during the period. Secured Retirement Advisors LLC boosted its holdings in shares of Honeywell International by 2.7% in the 4th quarter. Secured Retirement Advisors LLC now owns 5,346 shares of the conglomerate’s stock valued at $1,208,000 after purchasing an additional 141 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Honeywell International by 7.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,059 shares of the conglomerate’s stock valued at $239,000 after buying an additional 70 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Honeywell International by 4.3% during the 4th quarter. Allworth Financial LP now owns 137,939 shares of the conglomerate’s stock worth $30,773,000 after buying an additional 5,695 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HON. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada reduced 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 report on Friday, February 7th. Ten 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $248.71.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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 completion of the sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $202.75 on Friday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market cap of $131.84 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.05. The business’s 50 day moving average is $222.30 and its two-hundred day moving average is $215.05.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data 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%. Analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced 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 2.23%. Honeywell International’s payout ratio is 51.89%.

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.