Total Investment Management Inc. Buys New Holdings in Honeywell International Inc. (NASDAQ:HON)

Total Investment Management Inc. acquired a new position in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,126 shares of the conglomerate’s stock, valued at approximately $480,000.

A number of other large investors have also added to or reduced their stakes in the company. Americana Partners LLC boosted its holdings in shares of Honeywell International by 841.8% in the 4th quarter. Americana Partners LLC now owns 141,354 shares of the conglomerate’s stock worth $31,930,000 after purchasing an additional 126,345 shares during the period. Strategic Advisors LLC boosted its holdings in shares of Honeywell International by 51.5% in the 4th quarter. Strategic Advisors LLC now owns 7,297 shares of the conglomerate’s stock worth $1,648,000 after purchasing an additional 2,481 shares during the period. Pathway Financial Advisors LLC boosted its holdings in shares of Honeywell International by 0.3% in the 4th quarter. Pathway Financial Advisors LLC now owns 27,915 shares of the conglomerate’s stock worth $6,306,000 after purchasing an additional 74 shares during the period. Monument Capital Management purchased a new position in shares of Honeywell International in the 4th quarter worth approximately $210,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in Honeywell International by 3.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 16,865 shares of the conglomerate’s stock valued at $3,809,000 after acquiring an additional 521 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was 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 owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents 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 through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on HON. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Morgan Stanley lifted their target price 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. JPMorgan Chase & Co. reduced their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Stock Down 1.2 %

Honeywell International stock opened at $202.75 on Monday. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. The company has a market cap of $131.84 billion, a PE ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.05. The business’s 50-day simple moving average is $222.30 and its two-hundred day simple moving average is $215.13.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities analysts anticipate that Honeywell International Inc. will post 10.3 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. Shareholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio is currently 51.89%.

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.