Honeywell International Inc. (NASDAQ:HON) Shares Bought by Nicholson Wealth Management Group LLC

Nicholson Wealth Management Group LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 72.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,336 shares of the conglomerate’s stock after buying an additional 3,093 shares during the period. Honeywell International comprises about 1.1% of Nicholson Wealth Management Group LLC’s holdings, making the stock its 20th largest position. Nicholson Wealth Management Group LLC’s holdings in Honeywell International were worth $1,657,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Howard Capital Management Group LLC grew its holdings in shares of Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after purchasing an additional 174 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Honeywell International by 13.6% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 20,944 shares of the conglomerate’s stock worth $4,329,000 after purchasing an additional 2,508 shares during the last quarter. Wallington Asset Management LLC grew its holdings in shares of Honeywell International by 5.2% during the third quarter. Wallington Asset Management LLC now owns 85,431 shares of the conglomerate’s stock worth $17,659,000 after purchasing an additional 4,244 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Finally, Great Lakes Retirement Inc. grew its holdings in shares of Honeywell International by 4.5% during the third quarter. Great Lakes Retirement Inc. now owns 42,600 shares of the conglomerate’s stock worth $8,806,000 after purchasing an additional 1,820 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Up 0.3 %

Shares of NASDAQ HON opened at $211.35 on Friday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The firm has a fifty day moving average of $220.74 and a 200-day moving average of $215.17. The stock has a market capitalization of $137.36 billion, a PE ratio of 24.27, a P/E/G ratio of 2.47 and a beta of 1.05. 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 results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping 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%. On average, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm 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 dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Wall Street Analyst Weigh In

HON has been the topic of a number of research reports. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Jefferies Financial Group lifted their price target 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. Royal Bank of Canada cut their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Finally, The Goldman Sachs Group lifted their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average target price of $248.71.

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.