V Square Quantitative Management LLC Buys Shares of 3,693 Honeywell International Inc. $HON

V Square Quantitative Management LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, Holdings Channel.com reports. The firm bought 3,693 shares of the conglomerate’s stock, valued at approximately $720,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HON. Brighton Jones LLC boosted its stake in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the period. Acadian Asset Management LLC lifted its stake in shares of Honeywell International by 145.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of Honeywell International by 18.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after acquiring an additional 1,223 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Honeywell International by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 77,080 shares of the conglomerate’s stock worth $17,950,000 after acquiring an additional 2,000 shares during the period. Finally, Dearborn Partners LLC lifted its stake in shares of Honeywell International by 10.0% in the 2nd quarter. Dearborn Partners LLC now owns 7,722 shares of the conglomerate’s stock worth $1,798,000 after acquiring an additional 700 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HON shares. Morgan Stanley upped their price target on shares of Honeywell International from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Rothschild & Co Redburn upped their price target on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Royal Bank Of Canada upped their price target on shares of Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Wells Fargo & Company upped their price target on shares of Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Finally, JPMorgan Chase & Co. increased their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $251.83.

Honeywell International Stock Up 1.5%

HON stock opened at $236.06 on Friday. Honeywell International Inc. has a 12 month low of $178.11 and a 12 month high of $248.18. The firm has a market cap of $150.06 billion, a PE ratio of 29.54, a P/E/G ratio of 3.36 and a beta of 0.93. The firm has a 50 day simple moving average of $234.86 and a 200 day simple moving average of $214.04. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.30 and a quick ratio of 1.03.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.54 by $0.05. The business had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.47 earnings per share. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, February 27th. Honeywell International’s dividend payout ratio is 59.57%.

Insider Activity at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the completion of the sale, the vice president owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. This trade represents a 52.34% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 18,190 shares of company stock valued at $4,244,287. 0.20% of the stock is owned by insiders.

Honeywell International Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.