Borer Denton & Associates Inc. Has $7.42 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Borer Denton & Associates Inc. boosted its position in Honeywell International Inc. (NASDAQ:HON) by 1.6% in the 4th quarter, HoldingsChannel reports. The firm owned 32,839 shares of the conglomerate’s stock after acquiring an additional 502 shares during the period. Honeywell International makes up about 2.6% of Borer Denton & Associates Inc.’s portfolio, making the stock its 17th largest position. Borer Denton & Associates Inc.’s holdings in Honeywell International were worth $7,418,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Dechtman Wealth Management LLC acquired a new stake in Honeywell International during the 4th quarter valued at $215,000. Ausdal Financial Partners Inc. grew its stake in Honeywell International by 82.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 2,202 shares of the conglomerate’s stock valued at $497,000 after buying an additional 992 shares during the last quarter. Financial Engines Advisors L.L.C. bought a new position in Honeywell International in the 4th quarter valued at about $777,000. Florida Financial Advisors LLC lifted its position in Honeywell International by 11.1% during the fourth quarter. Florida Financial Advisors LLC now owns 2,814 shares of the conglomerate’s stock worth $636,000 after acquiring an additional 282 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Honeywell International by 1.0% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,532 shares of the conglomerate’s stock valued at $5,090,000 after purchasing an additional 227 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This trade represents 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 Trading Up 0.1 %

Shares of HON stock opened at $212.12 on Wednesday. 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 fifty-two week low of $189.75 and a fifty-two week high of $242.77. The stock has a 50 day simple moving average of $213.75 and a two-hundred day simple moving average of $216.85. The company has a market cap of $137.86 billion, a P/E ratio of 24.35, a PEG ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping 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%. Research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. Honeywell International’s dividend payout ratio is currently 51.89%.

Analyst Upgrades and Downgrades

HON has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. JPMorgan Chase & Co. lowered 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. Morgan Stanley upped their target price on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company decreased their target price on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report 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.com, Honeywell International presently has an average rating of “Hold” and an average price target of $249.38.

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.