Hudson Value Partners LLC Has $645,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Hudson Value Partners LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 24.6% during the 4th quarter, Holdings Channel reports. The fund owned 2,857 shares of the conglomerate’s stock after acquiring an additional 564 shares during the period. Hudson Value Partners LLC’s holdings in Honeywell International were worth $645,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Howard Capital Management Group LLC raised its holdings in Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after buying an additional 174 shares during the last quarter. Vest Financial LLC grew its position in shares of Honeywell International by 151.2% during the 3rd quarter. Vest Financial LLC now owns 5,624 shares of the conglomerate’s stock valued at $1,163,000 after acquiring an additional 3,385 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Honeywell International by 33.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 268,637 shares of the conglomerate’s stock valued at $55,530,000 after acquiring an additional 66,887 shares during the period. Trilogy Capital Inc. grew its position in shares of Honeywell International by 2.1% during the 3rd quarter. Trilogy Capital Inc. now owns 2,550 shares of the conglomerate’s stock valued at $527,000 after acquiring an additional 52 shares during the period. Finally, Jade Capital Advisors LLC bought a new position in Honeywell International in the 3rd quarter worth approximately $1,034,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on HON shares. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Bank of America increased their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Morgan Stanley increased their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Stock Up 2.6 %

Shares of NASDAQ:HON opened at $208.04 on Wednesday. The company has a market capitalization of $135.28 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.55 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The business has a 50-day moving average price of $221.43 and a 200 day moving average price of $215.23.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Sell-side analysts expect that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s dividend payout ratio is currently 51.89%.

Insider Activity at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 completion of the sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by corporate insiders.

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.