Independent Solutions Wealth Management LLC Purchases 3,750 Shares of Honeywell International Inc. (NASDAQ:HON)

Independent Solutions Wealth Management LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 113.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,054 shares of the conglomerate’s stock after purchasing an additional 3,750 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Honeywell International were worth $1,593,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Honeywell International by 3.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 118,086 shares of the conglomerate’s stock valued at $26,674,000 after buying an additional 3,882 shares in the last quarter. Douglass Winthrop Advisors LLC lifted its position in Honeywell International by 4.5% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 8,700 shares of the conglomerate’s stock valued at $1,965,000 after acquiring an additional 375 shares during the period. HUB Investment Partners LLC boosted its stake in Honeywell International by 8.9% during the fourth quarter. HUB Investment Partners LLC now owns 34,636 shares of the conglomerate’s stock worth $7,824,000 after acquiring an additional 2,827 shares in the last quarter. Viawealth LLC grew its holdings in Honeywell International by 3.9% in the fourth quarter. Viawealth LLC now owns 7,329 shares of the conglomerate’s stock worth $1,656,000 after purchasing an additional 277 shares during the period. Finally, iA Global Asset Management Inc. increased its stake in shares of Honeywell International by 0.8% during the fourth quarter. iA Global Asset Management Inc. now owns 72,551 shares of the conglomerate’s stock valued at $16,389,000 after purchasing an additional 610 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on HON shares. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Barclays lowered their price target on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Wells Fargo & Company decreased their target price on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $249.38.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction 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. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Stock Up 1.1 %

Honeywell International stock opened at $210.89 on Friday. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The stock has a fifty day moving average of $214.19 and a 200 day moving average of $216.52. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock has a market cap of $137.06 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, sell-side analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.14%. Honeywell International’s dividend payout ratio (DPR) is presently 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.