Callan Capital LLC Buys 320 Shares of Honeywell International Inc. (NASDAQ:HON)

Callan Capital LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,746 shares of the conglomerate’s stock after purchasing an additional 320 shares during the period. Callan Capital LLC’s holdings in Honeywell International were worth $620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ING Groep NV lifted its position in shares of Honeywell International by 884.0% during the 4th quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock valued at $395,866,000 after buying an additional 1,574,376 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. Cibc World Market Inc. increased its stake in shares of Honeywell International by 320.5% in the fourth quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate’s stock worth $193,890,000 after purchasing an additional 654,207 shares in the last quarter. Mizuho Securities USA LLC increased its stake in shares of Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HON shares. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. reduced their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. The Goldman Sachs Group lifted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Wells Fargo & Company reduced their target price on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Finally, Jefferies Financial Group lifted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Ten equities research 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 stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Price Performance

HON stock opened at $211.94 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. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The stock has a market cap of $137.74 billion, a PE ratio of 24.33, a P/E/G ratio of 2.51 and a beta of 1.05. The firm has a 50 day simple moving average of $220.43 and a two-hundred day simple moving average of $215.37.

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

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. Honeywell International’s dividend payout ratio is presently 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred 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 directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.41% of the company’s stock.

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.