Foster Dykema Cabot & Partners LLC Has $177,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Foster Dykema Cabot & Partners LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 265.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 785 shares of the conglomerate’s stock after buying an additional 570 shares during the quarter. Foster Dykema Cabot & Partners LLC’s holdings in Honeywell International were worth $177,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Mainstream Capital Management LLC bought a new stake in Honeywell International in the fourth quarter worth approximately $25,000. Avalon Trust Co grew its position in Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 75 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $30,000. Curio Wealth LLC bought a new stake in Honeywell International in the 4th quarter valued at $35,000. Finally, Hopwood Financial Services Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $44,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related 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. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HON shares. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Barclays lowered their price objective on Honeywell International from $251.00 to $247.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th. Royal Bank of Canada lowered their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $242.15.

Honeywell International Price Performance

Shares of HON stock opened at $193.28 on Thursday. The firm has a market cap of $124.33 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a 50-day moving average price of $206.36 and a 200 day moving average price of $216.15.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping 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%. Research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.34%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

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.