Boyd Watterson Asset Management LLC OH Boosts Holdings in Honeywell International Inc. (NASDAQ:HON)

Boyd Watterson Asset Management LLC OH raised its stake in Honeywell International Inc. (NASDAQ:HON) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,411 shares of the conglomerate’s stock after acquiring an additional 2,304 shares during the quarter. Honeywell International makes up 1.8% of Boyd Watterson Asset Management LLC OH’s portfolio, making the stock its 14th biggest holding. Boyd Watterson Asset Management LLC OH’s holdings in Honeywell International were worth $6,644,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the third quarter worth approximately $25,000. Hoese & Co LLP purchased a new position in shares of Honeywell International during the 4th quarter worth $30,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the third quarter worth $29,000. Financial Avengers Inc. grew its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its stake in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Bank of America lifted their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Barclays decreased their target price on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. Finally, Jefferies Financial Group upped their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Trading Up 0.3 %

NASDAQ:HON opened at $211.94 on Friday. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company has a market cap of $137.74 billion, a PE ratio of 24.33, a P/E/G ratio of 2.50 and a beta of 1.05. The business’s 50 day moving average is $220.43 and its two-hundred day moving average is $215.25.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data 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 return on equity of 35.78% and a net margin of 14.82%. On average, analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid 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 2.13%. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Insiders Place Their Bets

In related news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is currently owned by corporate 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.