Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Fullcircle Wealth LLC

Fullcircle Wealth LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 31.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,491 shares of the conglomerate’s stock after acquiring an additional 1,320 shares during the period. Fullcircle Wealth LLC’s holdings in Honeywell International were worth $1,240,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the 4th 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 acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $30,000. Accredited Wealth Management LLC bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $34,000. Finally, Curio Wealth LLC acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $35,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HON. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Morgan Stanley upped their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. Barclays dropped their price objective on Honeywell International from $247.00 to $243.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 30th. Royal Bank of Canada raised their target price on Honeywell International from $211.00 to $226.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 30th. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $242.23.

Insiders Place Their Bets

In other news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction 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 in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

Shares of HON opened at $214.61 on Thursday. The business’s 50-day moving average is $205.11 and its 200-day moving average is $215.44. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The company has a market capitalization of $137.93 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77.

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

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a $1.13 dividend. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.11%. Honeywell International’s dividend payout ratio (DPR) is currently 51.95%.

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.