Honeywell International Inc. (NASDAQ:HON) Shares Bought by Whittier Trust Co.

Whittier Trust Co. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,665 shares of the conglomerate’s stock after acquiring an additional 609 shares during the quarter. Honeywell International accounts for 0.8% of Whittier Trust Co.’s portfolio, making the stock its 21st largest holding. Whittier Trust Co.’s holdings in Honeywell International were worth $60,236,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Viawealth LLC boosted its holdings in shares of Honeywell International by 3.9% in the fourth quarter. Viawealth LLC now owns 7,329 shares of the conglomerate’s stock worth $1,656,000 after buying an additional 277 shares during the period. iA Global Asset Management Inc. boosted its stake in Honeywell International by 0.8% in the 4th quarter. iA Global Asset Management Inc. now owns 72,551 shares of the conglomerate’s stock worth $16,389,000 after purchasing an additional 610 shares during the period. Wilkins Investment Counsel Inc. grew its position in Honeywell International by 18.2% during the 4th quarter. Wilkins Investment Counsel Inc. now owns 2,430 shares of the conglomerate’s stock worth $549,000 after purchasing an additional 375 shares in the last quarter. Royal London Asset Management Ltd. raised its stake in Honeywell International by 1.3% during the 4th quarter. Royal London Asset Management Ltd. now owns 274,796 shares of the conglomerate’s stock valued at $62,074,000 after purchasing an additional 3,595 shares during the period. Finally, First Financial Bankshares Inc boosted its position in shares of Honeywell International by 0.3% in the fourth quarter. First Financial Bankshares Inc now owns 348,630 shares of the conglomerate’s stock worth $78,752,000 after buying an additional 1,022 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm’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 value of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $208.65 on Thursday. The stock has a market capitalization of $135.61 billion, a P/E ratio of 23.96, a P/E/G ratio of 2.51 and a beta of 1.08. The business has a 50-day moving average of $214.37 and a two-hundred day moving average of $216.56. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. On average, equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.17%. Honeywell International’s payout ratio is presently 51.89%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HON. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Jefferies Financial Group raised their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Finally, Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average target price of $249.38.

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.