Blair William & Co. IL Acquires 3,491 Shares of Honeywell International Inc. (NASDAQ:HON)

Blair William & Co. IL grew its stake in Honeywell International Inc. (NASDAQ:HON) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 290,299 shares of the conglomerate’s stock after purchasing an additional 3,491 shares during the quarter. Blair William & Co. IL’s holdings in Honeywell International were worth $65,576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Honeywell International by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate’s stock valued at $13,951,353,000 after purchasing an additional 380,299 shares in the last quarter. State Street Corp increased its position in shares of Honeywell International by 0.3% in the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after buying an additional 92,112 shares in the last quarter. Wellington Management Group LLP raised its stake in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the period. Geode Capital Management LLC lifted its holdings in Honeywell International by 4.0% during 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 in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Honeywell International by 10.3% in the fourth quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock valued at $1,527,867,000 after acquiring an additional 631,761 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Barclays cut their price objective on Honeywell International from $251.00 to $247.00 and set an “overweight” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Morgan Stanley boosted their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Finally, The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $249.08.

Honeywell International Stock Performance

Shares of HON stock opened at $214.17 on Friday. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The company has a market capitalization of $139.19 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 2.51 and a beta of 1.08. The company has a 50-day simple moving average of $213.45 and a 200 day simple moving average of $216.81. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

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

Honeywell International Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.11%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.41% of the company’s stock.

Honeywell International Company 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.