OneAscent Financial Services LLC Takes $464,000 Position in Honeywell International Inc. (NASDAQ:HON)

OneAscent Financial Services LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 2,052 shares of the conglomerate’s stock, valued at approximately $464,000.

A number of other large investors have also modified their holdings of the business. Valmark Advisers Inc. grew its stake in shares of Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate’s stock valued at $1,048,000 after purchasing an additional 45 shares during the last quarter. ZWJ Investment Counsel Inc. raised its holdings in Honeywell International by 3.4% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after purchasing an additional 47 shares in the last quarter. Saxony Capital Management LLC lifted its position in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock valued at $277,000 after purchasing an additional 47 shares during the period. Magnus Financial Group LLC boosted its stake in shares of Honeywell International by 0.5% in the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its position in shares of Honeywell International by 0.3% during the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock worth $3,524,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on 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 transaction, the vice president now directly owns 41,580 shares of the company’s stock, 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 accessible through this hyperlink. 0.41% of the stock is owned by company insiders.

Honeywell International Trading Down 4.3 %

NASDAQ HON opened at $206.68 on Friday. The company has a market cap of $134.33 billion, a P/E ratio of 23.73, a P/E/G ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. 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 company has a 50-day moving average of $212.24 and a 200-day moving average of $217.11.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 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%. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Friday, February 28th. Honeywell International’s payout ratio is currently 51.89%.

Analyst Ratings Changes

A number of research analysts have issued reports on HON shares. JPMorgan Chase & Co. dropped their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Morgan Stanley boosted their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Citigroup reduced their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and an average price target of $249.08.

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.