Allen Capital Group LLC Has $288,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Allen Capital Group LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 17.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,371 shares of the conglomerate’s stock after buying an additional 206 shares during the period. Allen Capital Group LLC’s holdings in Honeywell International were worth $288,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Industrial Alliance Investment Management Inc. boosted its position in shares of Honeywell International by 1,205.8% in the third quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock valued at $627,000 after acquiring an additional 3,135 shares during the period. Jag Capital Management LLC boosted its holdings in Honeywell International by 40.8% in the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock valued at $299,000 after purchasing an additional 469 shares during the period. Shulman DeMeo Asset Management LLC grew its position in Honeywell International by 11.1% in the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after purchasing an additional 169 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Honeywell International by 1.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after purchasing an additional 8,493 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in shares of Honeywell International during the third quarter valued at about $203,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $191.10 on Wednesday. The business has a fifty day moving average of $198.48 and a 200-day moving average of $195.86. The firm has a market cap of $124.44 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 2.22 and a beta of 1.02. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same period in the previous year, the firm posted $2.52 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. On average, equities research analysts predict that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.26%. Honeywell International’s payout ratio is 51.00%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HON shares. Wells Fargo & Company lifted their target price on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a research note on Tuesday. Barclays lifted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Royal Bank of Canada dropped their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. Finally, Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $219.67.

Insider Activity

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

About Honeywell International

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.