LaFleur & Godfrey LLC Purchases New Position in Honeywell International Inc. (NASDAQ:HON)

LaFleur & Godfrey LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 25,971 shares of the conglomerate’s stock, valued at approximately $5,446,000.

Other large investors have also recently added to or reduced their stakes in the company. Westbourne Investment Advisors Inc. grew its holdings in shares of Honeywell International by 2.6% during the fourth quarter. Westbourne Investment Advisors Inc. now owns 2,795 shares of the conglomerate’s stock worth $586,000 after purchasing an additional 70 shares during the last quarter. Procyon Advisors LLC boosted its stake in shares of Honeywell International by 1.8% during the 4th quarter. Procyon Advisors LLC now owns 13,150 shares of the conglomerate’s stock worth $2,758,000 after acquiring an additional 231 shares in the last quarter. Jacobs & Co. CA boosted its stake in shares of Honeywell International by 0.6% during the 4th quarter. Jacobs & Co. CA now owns 60,625 shares of the conglomerate’s stock worth $12,713,000 after acquiring an additional 333 shares in the last quarter. Courier Capital LLC raised its position in shares of Honeywell International by 12.8% during the 4th quarter. Courier Capital LLC now owns 9,702 shares of the conglomerate’s stock worth $2,035,000 after purchasing an additional 1,099 shares during the last quarter. Finally, IFG Advisory LLC raised its position in shares of Honeywell International by 2.8% during the 4th quarter. IFG Advisory LLC now owns 2,459 shares of the conglomerate’s stock worth $516,000 after purchasing an additional 66 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares of the company’s stock, valued at $36,164,646. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.45% of the stock is currently owned by insiders.

Honeywell International Stock Up 0.3 %

HON stock traded up $0.58 during midday trading on Thursday, reaching $205.71. The company had a trading volume of 997,902 shares, compared to its average volume of 3,040,731. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a 50 day moving average of $198.87 and a two-hundred day moving average of $195.01. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $134.16 billion, a P/E ratio of 24.22, a PEG ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same period last year, the firm posted $2.52 EPS. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. On average, equities research analysts expect that Honeywell International Inc. will post 9.96 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is 51.00%.

Wall Street Analyst Weigh In

HON has been the subject of several analyst reports. Royal Bank of Canada cut their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Barclays upped their price target on shares of Honeywell International from $225.00 to $230.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Wells Fargo & Company upped their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $220.89.

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.