Ethos Capital Management Inc. Acquires Shares of 5,838 Honeywell International Inc. $HON

Ethos Capital Management Inc. acquired a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,838 shares of the conglomerate’s stock, valued at approximately $1,139,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Register Financial Advisors LLC lifted its stake in Honeywell International by 382.7% during the 4th quarter. Register Financial Advisors LLC now owns 17,623 shares of the conglomerate’s stock valued at $3,438,000 after acquiring an additional 13,972 shares during the period. Persium Advisors LLC lifted its stake in Honeywell International by 20.4% during the 4th quarter. Persium Advisors LLC now owns 3,936 shares of the conglomerate’s stock valued at $768,000 after acquiring an additional 668 shares during the period. First United Bank & Trust lifted its stake in shares of Honeywell International by 0.6% in the 4th quarter. First United Bank & Trust now owns 11,079 shares of the conglomerate’s stock valued at $2,161,000 after purchasing an additional 62 shares during the period. Brown Shipley& Co Ltd acquired a new position in shares of Honeywell International in the 4th quarter valued at $61,000. Finally, Talbot Financial LLC lifted its stake in shares of Honeywell International by 1.5% in the 4th quarter. Talbot Financial LLC now owns 93,302 shares of the conglomerate’s stock valued at $18,202,000 after purchasing an additional 1,385 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $223.84 on Wednesday. The firm has a market cap of $142.29 billion, a PE ratio of 28.02, a PEG ratio of 3.32 and a beta of 0.93. The firm has a fifty day moving average of $234.37 and a 200 day moving average of $213.76. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30. Honeywell International Inc. has a one year low of $169.21 and a one year high of $248.18.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.47 EPS. As a group, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $1.19 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. Honeywell International’s dividend payout ratio is presently 59.57%.

Insiders Place Their Bets

In other news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director owned 31,081 shares of the company’s stock, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $239.00, for a total transaction of $1,260,486.00. Following the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,147,917. The trade was a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,190 shares of company stock valued at $4,244,287 in the last ninety days. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on HON shares. Argus boosted their target price on shares of Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. BMO Capital Markets started coverage on shares of Honeywell International in a research note on Friday, March 27th. They issued an “outperform” rating and a $273.00 target price for the company. Citigroup boosted their target price on shares of Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, January 30th. DZ Bank decreased their target price on shares of Honeywell International from $248.00 to $237.00 in a research note on Tuesday, December 23rd. Finally, Royal Bank Of Canada boosted their target price on shares of Honeywell International from $249.00 to $268.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $251.83.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.