3,467 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Wynn Capital LLC

Wynn Capital LLC bought a new position in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,467 shares of the conglomerate’s stock, valued at approximately $727,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Cordant Inc. bought a new position in shares of Honeywell International during the 4th quarter valued at approximately $31,000. Rakuten Securities Inc. purchased a new stake in Honeywell International in the 4th quarter worth approximately $31,000. Financial Connections Group Inc. purchased a new stake in Honeywell International in the 4th quarter worth approximately $37,000. TFO Wealth Partners LLC lifted its stake in Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after purchasing an additional 114 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its position in Honeywell International by 42.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Royal Bank of Canada decreased their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Barclays boosted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and an average target price of $219.67.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by insiders.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $1.37 during trading on Wednesday, hitting $194.79. 3,576,760 shares of the stock traded hands, compared to its average volume of 3,007,525. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average price of $198.35 and a two-hundred day moving average price of $196.26. The company has a market cap of $126.84 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 2.24 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping the consensus estimate of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. During the same quarter in the previous year, the firm earned $2.52 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts predict that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.22%. Honeywell International’s dividend payout ratio (DPR) is currently 51.00%.

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.