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American Century Companies Inc. Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

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American Century Companies Inc. increased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 292,718 shares of the conglomerate's stock after purchasing an additional 14,408 shares during the quarter. American Century Companies Inc.'s holdings in Honeywell International were worth $66,122,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HON. Valmark Advisers Inc. increased its position in shares of Honeywell International by 1.0% in the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock valued at $1,048,000 after acquiring an additional 45 shares during the period. ZWJ Investment Counsel Inc. increased its position in Honeywell International by 3.4% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock valued at $327,000 after purchasing an additional 47 shares during the period. Saxony Capital Management LLC raised its stake in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after buying an additional 47 shares in the last quarter. Magnus Financial Group LLC lifted its stake in shares of Honeywell International by 0.5% in the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock valued at $2,019,000 after purchasing an additional 48 shares during the period. Finally, Bill Few Associates Inc. boosted its position in shares of Honeywell International by 0.3% during the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock valued at $3,524,000 after purchasing an additional 49 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

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Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.41% of the stock is currently owned by company insiders.

Honeywell International Price Performance

HON traded down $3.83 on Friday, hitting $210.34. 3,253,329 shares of the company's stock traded hands, compared to its average volume of 3,488,591. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm has a market cap of $136.70 billion, a price-to-earnings ratio of 24.15, a P/E/G ratio of 2.51 and a beta of 1.08. The company's 50 day simple moving average is $213.21 and its 200-day simple moving average is $216.98.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results 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%. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio is 51.89%.

Analyst Ratings Changes

Several brokerages recently issued reports on HON. 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 research note on Wednesday, December 11th. Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Barclays cut their price objective on Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised shares of 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. Ten 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. Based on data from MarketBeat, Honeywell International presently has a consensus rating of "Hold" and a consensus target price of $249.08.

Read Our Latest Report on Honeywell International

About Honeywell International

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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