Round Rock Advisors LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 16,137 shares of the conglomerate's stock, valued at approximately $3,384,000. Honeywell International makes up approximately 0.9% of Round Rock Advisors LLC's portfolio, making the stock its 25th largest position.
Other large investors have also recently bought and sold shares of the company. 1776 Wealth LLC boosted its holdings in shares of Honeywell International by 2.7% during the 4th quarter. 1776 Wealth LLC now owns 1,918 shares of the conglomerate's stock worth $411,000 after buying an additional 50 shares during the period. Morton Capital Management LLC CA boosted its holdings in shares of Honeywell International by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate's stock worth $1,077,000 after buying an additional 50 shares during the period. Wayfinding Financial LLC boosted its holdings in shares of Honeywell International by 3.4% during the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate's stock worth $317,000 after buying an additional 50 shares during the period. Indiana Trust & Investment Management CO boosted its holdings in shares of Honeywell International by 0.9% during the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate's stock worth $1,167,000 after buying an additional 50 shares during the period. Finally, Triton Wealth Management PLLC boosted its holdings in Honeywell International by 4.7% in the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate's stock valued at $233,000 after purchasing an additional 51 shares during the period. 75.91% of the stock is currently owned by institutional investors.
Honeywell International Price Performance
Shares of HON stock traded up $1.22 on Thursday, reaching $196.87. The company's stock had a trading volume of 3,026,003 shares, compared to its average volume of 3,019,409. The company has a market capitalization of $128.20 billion, a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The stock's fifty day simple moving average is $198.53 and its 200-day simple moving average is $195.62. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01.
Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating 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 company 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 earnings per share. The firm's quarterly revenue was up 2.8% compared to the same quarter last year. Analysts forecast that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.
Honeywell International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.19%. Honeywell International's dividend payout ratio is currently 51.00%.
Wall Street Analyst Weigh In
HON has been the subject of a number of recent research reports. Berenberg Bank raised shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Barclays boosted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the company an "overweight" rating in a research report on Tuesday, April 2nd. Royal Bank of Canada dropped 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 research report on Friday, February 2nd. Finally, Wells Fargo & Company boosted their target price on shares of Honeywell International from $190.00 to $213.00 and gave the company an "equal weight" rating in a research report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $221.11.
Get Our Latest Report on HON
Insider Buying and Selling at Honeywell International
In other news, Director Darius Adamczyk sold 25,500 shares of the company's stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now directly owns 183,400 shares of the company's stock, valued at approximately $36,164,646. The sale was disclosed in a filing with the SEC, which is available at this link. 0.43% of the stock is currently owned by corporate insiders.
About Honeywell International
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Free Report)
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.
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