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

Americana Partners LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 841.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 141,354 shares of the conglomerate's stock after acquiring an additional 126,345 shares during the quarter. Honeywell International comprises 1.3% of Americana Partners LLC's portfolio, making the stock its 18th biggest holding. Americana Partners LLC's holdings in Honeywell International were worth $31,930,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. State Street Corp increased its holdings in shares of Honeywell International by 0.3% during the 3rd 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 last quarter. Wellington Management Group LLP grew its holdings 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 in the last quarter. Geode Capital Management LLC grew its holdings in Honeywell International by 4.0% in 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 buying an additional 547,998 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Honeywell International by 7.2% in the 3rd quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate's stock valued at $822,458,000 after buying an additional 265,789 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Honeywell International by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate's stock valued at $782,232,000 after buying an additional 42,287 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HON. Bank of America upped their target price on Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, November 14th. Barclays cut their target price on Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. StockNews.com downgraded Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Jefferies Financial Group upped their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. Finally, Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $248.71.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction 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 approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.41% of the company's stock.

Honeywell International Trading Up 0.3 %

NASDAQ HON traded up $0.54 during trading hours on Thursday, hitting $211.35. 3,635,312 shares of the company's stock were exchanged, compared to its average volume of 4,115,585. The stock has a 50-day simple moving average of $221.07 and a 200 day simple moving average of $215.19. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The firm has a market cap of $137.36 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 2.47 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

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, 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 analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.14%. Honeywell International's dividend payout ratio is presently 51.89%.

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.