6,015 Shares in Honeywell International Inc. $HON Purchased by Inceptionr LLC

Inceptionr LLC bought a new position in Honeywell International Inc. (NASDAQ:HON) in the third quarter, HoldingsChannel reports. The fund bought 6,015 shares of the conglomerate’s stock, valued at approximately $1,266,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Hughes Medical Institute bought a new stake in shares of Honeywell International in the second quarter worth approximately $33,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Honeywell International by 491.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. Cedar Mountain Advisors LLC lifted its position in Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 84 shares during the period. SJS Investment Consulting Inc. boosted its holdings in Honeywell International by 833.3% in the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock worth $35,000 after purchasing an additional 150 shares during the last quarter. Finally, Cloud Capital Management LLC purchased a new stake in Honeywell International in the third quarter worth approximately $35,000. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on HON. Rothschild & Co Redburn boosted their target price on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Wolfe Research upgraded Honeywell International from a “peer perform” rating to an “outperform” rating and set a $293.00 price target on the stock in a research note on Friday, February 27th. Mizuho cut their price objective on Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, January 5th. BNP Paribas Exane upped their price objective on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Finally, DZ Bank lowered their target price on Honeywell International from $248.00 to $237.00 in a report on Tuesday, December 23rd. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $251.22.

Insider Transactions at Honeywell International

In other news, VP Robert D. Mailloux sold 5,274 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president owned 4,803 shares of the company’s stock, valued at $1,147,917. This trade represents a 52.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. The trade was a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 18,190 shares of company stock valued at $4,244,287. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 1.3%

Shares of Honeywell International stock opened at $235.29 on Monday. Honeywell International Inc. has a 1-year low of $169.21 and a 1-year high of $248.18. The company’s fifty day simple moving average is $225.66 and its 200-day simple moving average is $211.70. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03. The stock has a market capitalization of $149.57 billion, a PE ratio of 29.45, a P/E/G ratio of 3.41 and a beta of 0.92.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The firm had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. During the same period in the prior year, the business posted $2.47 EPS. Honeywell International’s revenue was up 6.4% on a year-over-year basis. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a $1.19 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a yield of 2.0%. Honeywell International’s dividend payout ratio is presently 59.57%.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.