Aviso Wealth Management Has $1.83 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Aviso Wealth Management grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 8,105 shares of the conglomerate’s stock after acquiring an additional 91 shares during the quarter. Honeywell International accounts for 0.9% of Aviso Wealth Management’s holdings, making the stock its 24th biggest position. Aviso Wealth Management’s holdings in Honeywell International were worth $1,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Honeywell International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate’s stock worth $13,951,353,000 after purchasing an additional 380,299 shares in the last quarter. State Street Corp grew its holdings in Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after buying an additional 92,112 shares in the last quarter. Wellington Management Group LLP raised its position in Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC lifted its stake in Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $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 shares of Honeywell International by 10.3% in the 4th quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock worth $1,527,867,000 after acquiring an additional 631,761 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.1 %

Shares of NASDAQ:HON opened at $212.12 on Wednesday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The stock has a market capitalization of $137.86 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock’s 50-day simple moving average is $213.75 and its two-hundred day simple moving average is $216.85.

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, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio is currently 51.89%.

Analysts Set New Price Targets

Several equities research analysts have commented on HON shares. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Royal Bank of Canada decreased their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $249.38.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

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.