Americana Partners LLC Purchases 126,345 Shares of Honeywell International Inc. (NASDAQ:HON)

Americana Partners LLC increased its position in Honeywell International Inc. (NASDAQ:HON) by 841.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 141,354 shares of the conglomerate’s stock after acquiring an additional 126,345 shares during the period. Honeywell International comprises about 1.3% of Americana Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Americana Partners LLC’s holdings in Honeywell International were worth $31,930,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. State Street Corp grew its holdings in shares of Honeywell International by 0.3% in the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after acquiring an additional 92,112 shares during the period. Wellington Management Group LLP grew its holdings in shares of Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the period. Geode Capital Management LLC grew its holdings in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after acquiring an additional 547,998 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Honeywell International by 7.2% in the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock worth $822,458,000 after acquiring an additional 265,789 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Honeywell International by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate’s stock valued at $782,232,000 after purchasing an additional 42,287 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

NASDAQ:HON opened at $202.75 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $131.84 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The business’s 50-day moving average is $222.30 and its 200 day moving average is $215.13.

Honeywell International (NASDAQ:HON) last posted its 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, equities research analysts forecast that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

Several research firms have issued reports on HON. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the company from $236.00 to $260.00 in a report on Friday, February 7th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. JPMorgan Chase & Co. cut their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Finally, Morgan Stanley boosted their price target on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $248.71.

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.