1,782 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,782 shares of the conglomerate’s stock, valued at approximately $403,000.

Other hedge funds have also bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in Honeywell International during the fourth quarter worth about $1,476,000. Klingman & Associates LLC grew its stake in Honeywell International by 6.4% during the fourth quarter. Klingman & Associates LLC now owns 2,838 shares of the conglomerate’s stock worth $641,000 after buying an additional 171 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund grew its stake in Honeywell International by 44.1% during the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 27,788 shares of the conglomerate’s stock worth $6,277,000 after buying an additional 8,508 shares in the last quarter. Ramsay Stattman Vela & Price Inc. acquired a new stake in Honeywell International during the fourth quarter worth about $210,000. Finally, Creative Capital Management Investments LLC grew its stake in Honeywell International by 168.1% during the fourth quarter. Creative Capital Management Investments LLC now owns 303 shares of the conglomerate’s stock worth $68,000 after buying an additional 190 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HON. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Royal Bank of Canada reduced their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company reduced their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Stock Up 1.3 %

Honeywell International stock opened at $210.81 on Thursday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The firm has a 50 day moving average price of $221.07 and a two-hundred day moving average price of $215.19. The firm has a market cap of $137.08 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 2.41 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.14%. Honeywell International’s payout ratio is 51.89%.

Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.41% of the stock is currently owned by company insiders.

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.