Slagle Financial LLC Increases Holdings in Honeywell International Inc. (NASDAQ:HON)

Slagle Financial LLC lifted its stake in Honeywell International Inc. (NASDAQ:HON) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,443 shares of the conglomerate’s stock after purchasing an additional 2,099 shares during the period. Honeywell International accounts for about 2.0% of Slagle Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Slagle Financial LLC’s holdings in Honeywell International were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International during the third quarter valued at $25,000. Mainstream Capital Management LLC bought a new stake in Honeywell International during the 4th quarter valued at about $25,000. Avalon Trust Co lifted its stake in shares of Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Honeywell International during the fourth quarter valued at approximately $30,000. Finally, Financial Avengers Inc. increased its position in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling

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 stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Honeywell International Trading Up 0.5 %

Honeywell International stock opened at $214.17 on Friday. 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 12-month low of $189.75 and a 12-month high of $242.77. The firm has a market capitalization of $139.19 billion, a price-to-earnings ratio of 24.59, a P/E/G ratio of 2.51 and a beta of 1.08. The firm has a 50 day moving average of $213.45 and a 200 day moving average of $216.81.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HON. Wells Fargo & Company lowered their price objective on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Jefferies Financial Group upped their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $249.08.

Honeywell International Company 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.