Honeywell International Inc. (NASDAQ:HON) Shares Bought by Mission Creek Capital Partners Inc.

Mission Creek Capital Partners Inc. increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 22.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,094 shares of the conglomerate’s stock after buying an additional 1,477 shares during the quarter. Mission Creek Capital Partners Inc.’s holdings in Honeywell International were worth $1,828,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Rinkey Investments bought a new stake in shares of Honeywell International during the fourth quarter valued at about $302,000. Bolthouse Investments LLC bought a new stake in shares of Honeywell International during the 4th quarter worth about $715,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth approximately $11,163,000. Coldstream Capital Management Inc. boosted its holdings in shares of Honeywell International by 2.7% in the fourth quarter. Coldstream Capital Management Inc. now owns 34,585 shares of the conglomerate’s stock valued at $7,812,000 after acquiring an additional 923 shares in the last quarter. Finally, Nebula Research & Development LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at approximately $649,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HON has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Citigroup lowered their target price on Honeywell International from $253.00 to $229.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Royal Bank of Canada cut their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Morgan Stanley lifted their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Finally, Barclays cut their target price on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $242.15.

Honeywell International Stock Down 0.8 %

NASDAQ:HON opened at $199.16 on Friday. The business’s fifty day moving average price is $205.24 and its 200 day moving average price is $215.82. The firm has a market capitalization of $128.11 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 2.51 and a beta of 1.01. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77.

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

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is currently 51.89%.

Insider Activity

In other 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 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. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

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.