410 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, HoldingsChannel reports. The firm acquired 410 shares of the conglomerate’s stock, valued at approximately $93,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mizuho Securities USA LLC grew its holdings in Honeywell International by 46.0% in the 4th quarter. Mizuho Securities USA LLC now owns 61,629 shares of the conglomerate’s stock valued at $13,921,000 after buying an additional 19,403 shares during the period. Virtu Financial LLC purchased a new stake in Honeywell International in the 4th quarter valued at about $9,509,000. ZEGA Investments LLC purchased a new stake in Honeywell International in the 4th quarter valued at about $370,000. Millstone Evans Group LLC purchased a new stake in Honeywell International in the 4th quarter valued at about $88,000. Finally, Wayfinding Financial LLC purchased a new stake in Honeywell International in the 4th quarter valued at about $273,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling 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 stock was 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Stock Performance

Honeywell International stock opened at $210.12 on Friday. The stock’s 50 day moving average price is $214.02 and its 200 day moving average price is $216.53. The firm has a market capitalization of $136.56 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. 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 one year low of $189.75 and a one year high of $242.77.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Analyst Ratings Changes

Several research firms have commented on HON. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Morgan Stanley lifted their price objective on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Barclays reduced 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. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average price target of $249.38.

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.