Signaturefd LLC Purchases 767 Shares of Honeywell International Inc. (NASDAQ:HON)

Signaturefd LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,551 shares of the conglomerate’s stock after purchasing an additional 767 shares during the period. Signaturefd LLC’s holdings in Honeywell International were worth $3,287,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HON. Baldwin Wealth Partners LLC MA raised its stake in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares in the last quarter. Coordinated Financial Services Inc. purchased a new stake in shares of Honeywell International during the 4th quarter valued at $361,000. Costello Asset Management INC bought a new stake in shares of Honeywell International during the 4th quarter worth $3,092,000. Raymond James Financial Inc. purchased a new position in Honeywell International in the fourth quarter worth $435,786,000. Finally, Dynasty Wealth Management LLC increased its stake in Honeywell International by 52.1% in the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate’s stock valued at $2,559,000 after acquiring an additional 3,879 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HON has been the subject of a number of research reports. JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Jefferies Financial Group boosted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Ten research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $249.38.

Honeywell International Stock Performance

Shares of HON stock opened at $210.42 on Tuesday. The firm has a market capitalization of $136.76 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 2.51 and a beta of 1.08. The stock has a fifty day moving average of $214.82 and a 200 day moving average of $216.60. 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 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last announced its earnings results 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%. As a group, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business’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 completion of the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.41% of the company’s stock.

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.