Napatree Capital LLC Has $283,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Napatree Capital LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 24.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,252 shares of the conglomerate’s stock after purchasing an additional 244 shares during the quarter. Napatree Capital LLC’s holdings in Honeywell International were worth $283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Meridian Wealth Advisors LLC boosted its position in Honeywell International by 1.7% during the 4th quarter. Meridian Wealth Advisors LLC now owns 7,738 shares of the conglomerate’s stock worth $1,748,000 after acquiring an additional 130 shares during the last quarter. LPL Financial LLC boosted its position in Honeywell International by 4.6% during the 4th quarter. LPL Financial LLC now owns 725,863 shares of the conglomerate’s stock worth $163,965,000 after acquiring an additional 32,011 shares during the last quarter. Blueprint Investment Partners LLC boosted its position in Honeywell International by 77.3% during the 4th quarter. Blueprint Investment Partners LLC now owns 2,576 shares of the conglomerate’s stock worth $582,000 after acquiring an additional 1,123 shares during the last quarter. Umpqua Bank boosted its position in Honeywell International by 30.0% during the 4th quarter. Umpqua Bank now owns 1,282 shares of the conglomerate’s stock worth $280,000 after acquiring an additional 296 shares during the last quarter. Finally, Intellus Advisors LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $327,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HON shares. Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Barclays dropped their price objective on Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada dropped their price objective on 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. Finally, Wells Fargo & Company dropped their price objective on 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 research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $249.38.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $210.12 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock’s fifty day moving average price is $214.02 and its two-hundred day moving average price is $216.61. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The firm has a market cap of $136.56 billion, a price-to-earnings ratio of 24.12, a P/E/G ratio of 2.51 and a beta of 1.08.

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

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is currently 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the 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 sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by insiders.

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.