GC Wealth Management RIA LLC Purchases 153 Shares of Honeywell International Inc. (NASDAQ:HON)

GC Wealth Management RIA LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 2.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,322 shares of the conglomerate’s stock after acquiring an additional 153 shares during the period. GC Wealth Management RIA LLC’s holdings in Honeywell International were worth $1,654,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of HON. Mainstream Capital Management LLC bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $25,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the 3rd quarter worth approximately $25,000. Hoese & Co LLP bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. raised its stake in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its holdings in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON opened at $213.82 on Tuesday. The firm has a market cap of $138.97 billion, a P/E ratio of 24.55, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The business’s fifty day moving average is $216.50 and its 200-day moving average is $216.48.

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%. Sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. Honeywell International’s dividend payout ratio is currently 51.89%.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the company’s 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 completion of the sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HON. Bank of America boosted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Royal Bank of Canada decreased their target price on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday, December 11th. 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 report on Tuesday, February 11th. Finally, Citigroup decreased their target price on 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 issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.