Citizens & Northern Corp Grows Holdings in Honeywell International Inc. (NASDAQ:HON)

Citizens & Northern Corp boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,189 shares of the conglomerate’s stock after acquiring an additional 208 shares during the period. Citizens & Northern Corp’s holdings in Honeywell International were worth $2,076,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the 3rd quarter worth approximately $25,000. Hoese & Co LLP purchased a new position in Honeywell International during the fourth quarter valued at $30,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the third quarter worth $29,000. Financial Avengers Inc. grew its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during 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 valued at $34,000 after acquiring an additional 81 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 1.2 %

HON opened at $202.75 on Tuesday. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The firm’s 50 day simple moving average is $222.30 and its two-hundred day simple moving average is $215.21. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $131.84 billion, a PE ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its earnings results 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 return on equity of 35.78% and a net margin of 14.82%. As a group, equities analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date is Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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 transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HON. Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. The Goldman Sachs Group raised their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Morgan Stanley upped their price objective 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. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Wells Fargo & Company lowered their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Company 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.