Mountain Hill Investment Partners Corp. Acquires Shares of 200 Honeywell International Inc. (NASDAQ:HON)

Mountain Hill Investment Partners Corp. bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 200 shares of the conglomerate’s stock, valued at approximately $45,000.

Several other institutional investors and hedge funds have also recently modified their holdings of HON. Howard Capital Management Group LLC increased its stake in shares of Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock valued at $571,000 after buying an additional 174 shares during the period. United Bank increased its position in Honeywell International by 2.8% during the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate’s stock valued at $1,692,000 after purchasing an additional 220 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $412,000. Meridian Wealth Management LLC purchased a new stake in shares of Honeywell International in the 3rd quarter worth approximately $1,235,000. Finally, Kingsview Wealth Management LLC boosted its stake in shares of Honeywell International by 0.7% during the third quarter. Kingsview Wealth Management LLC now owns 36,669 shares of the conglomerate’s stock valued at $7,580,000 after purchasing an additional 260 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on HON shares. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Royal Bank of Canada dropped their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 11th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Finally, The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Honeywell International presently has an average rating of “Hold” and an average target price of $249.38.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated 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 sale, the vice president now directly 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 document filed with the Securities & Exchange Commission, which is accessible through this link. 0.41% of the stock is currently owned by insiders.

Honeywell International Trading Down 0.4 %

NASDAQ HON opened at $210.12 on Monday. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The company has a fifty day simple moving average of $214.02 and a two-hundred day simple moving average of $216.69. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The stock has a market cap of $136.56 billion, a P/E ratio of 24.12, a P/E/G ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last issued 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 return on equity of 35.78% and a net margin of 14.82%. On average, analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.15%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

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.