Impact Capital Partners LLC Buys Shares of 8,372 Honeywell International Inc. (NASDAQ:HON)

Impact Capital Partners LLC acquired a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,372 shares of the conglomerate’s stock, valued at approximately $1,891,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the 3rd quarter worth $25,000. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International in the 4th quarter valued at approximately $25,000. Hoese & Co LLP bought a new stake in shares of Honeywell International during the 4th quarter valued at approximately $30,000. Financial Avengers Inc. increased its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its holdings in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 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 directly owns 41,580 shares of the company’s stock, 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 is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Down 1.1 %

Honeywell International stock opened at $206.35 on Thursday. The company has a market capitalization of $134.11 billion, a PE ratio of 23.69, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The firm’s fifty day moving average is $215.76 and its 200 day moving average is $216.45. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

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, 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 predict 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. Investors of record on Friday, February 28th will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s payout ratio is currently 51.89%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group upped their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Wells Fargo & Company cut their price target 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. Citigroup decreased their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Morgan Stanley upped their price target on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $249.38.

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.