Arizona State Retirement System Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Arizona State Retirement System raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 188,081 shares of the conglomerate's stock after acquiring an additional 1,380 shares during the quarter. Arizona State Retirement System's holdings in Honeywell International were worth $42,486,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HON. Howard Capital Management Group LLC raised its stake in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after buying an additional 174 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Honeywell International by 0.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 14,966 shares of the conglomerate's stock valued at $3,094,000 after buying an additional 74 shares in the last quarter. Confluence Wealth Services Inc. grew its holdings in Honeywell International by 25.1% during the 3rd quarter. Confluence Wealth Services Inc. now owns 1,796 shares of the conglomerate's stock valued at $371,000 after buying an additional 360 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Honeywell International by 5.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 29,295 shares of the conglomerate's stock valued at $6,056,000 after buying an additional 1,511 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its holdings in shares of Honeywell International by 413.2% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,228 shares of the conglomerate's stock worth $667,000 after purchasing an additional 2,599 shares during the period. Institutional investors own 75.91% of the company's stock.

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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 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 directly owns 41,580 shares in the company, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is owned by insiders.

Honeywell International Stock Up 1.5 %

Shares of NASDAQ HON traded up $3.26 during mid-day trading on Friday, hitting $214.52. The company had a trading volume of 5,682,281 shares, compared to its average volume of 4,335,279. The company has a market capitalization of $139.42 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. 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 Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The business's 50-day simple moving average is $216.76 and its 200 day simple moving average is $216.28.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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, analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Friday, February 28th. Honeywell International's payout ratio is currently 51.89%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HON. Morgan Stanley lifted their target price on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 11th. Hsbc Global Res raised Honeywell International to a "strong-buy" rating in a research note on Wednesday, December 11th. JPMorgan Chase & Co. decreased their price target on Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Citigroup decreased their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Finally, Barclays decreased 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. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and a consensus price target of $249.38.

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.