151 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Accredited Wealth Management LLC

Accredited Wealth Management LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 151 shares of the conglomerate’s stock, valued at approximately $34,000.

Other large investors also recently made changes to their positions in the company. World Investment Advisors LLC grew its stake in Honeywell International by 15.6% in the 3rd quarter. World Investment Advisors LLC now owns 9,418 shares of the conglomerate’s stock valued at $1,947,000 after buying an additional 1,273 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Honeywell International by 3.7% in the third quarter. Principal Financial Group Inc. now owns 797,426 shares of the conglomerate’s stock valued at $164,836,000 after purchasing an additional 28,812 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Honeywell International by 10.8% in the fourth quarter. GAMMA Investing LLC now owns 6,319 shares of the conglomerate’s stock worth $1,427,000 after purchasing an additional 616 shares during the period. Iowa State Bank boosted its stake in Honeywell International by 1.4% during the 4th quarter. Iowa State Bank now owns 7,937 shares of the conglomerate’s stock valued at $1,793,000 after purchasing an additional 106 shares during the period. Finally, Insight Wealth Strategies LLC grew its holdings in Honeywell International by 3.4% in the 4th quarter. Insight Wealth Strategies LLC now owns 9,180 shares of the conglomerate’s stock valued at $2,074,000 after buying an additional 303 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling

In other news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on 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 owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on HON shares. Citigroup reduced their price objective on Honeywell International from $253.00 to $229.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Morgan Stanley raised their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. reduced their target price on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating for the company in a research note on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Finally, Royal Bank of Canada lifted their price objective on Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a report on Wednesday. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $241.46.

Honeywell International Stock Performance

NASDAQ:HON opened at $214.13 on Friday. The stock has a market capitalization of $137.74 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The firm has a 50 day moving average of $205.07 and a 200-day moving average of $215.57.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.25 earnings per share. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, May 16th. Honeywell International’s dividend payout ratio is 51.95%.

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.