Capital International Sarl Acquires 32,115 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital International Sarl grew its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 363.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,962 shares of the conglomerate's stock after purchasing an additional 32,115 shares during the quarter. Capital International Sarl's holdings in Honeywell International were worth $9,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mainstream Capital Management LLC bought a new position in Honeywell International during the fourth quarter worth $25,000. Avalon Trust Co boosted its position in shares of Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the 4th quarter valued at about $30,000. Curio Wealth LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $35,000. Finally, Alexis Investment Partners LLC bought a new position in Honeywell International in the fourth quarter worth approximately $37,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of Honeywell International stock traded down $0.93 on Wednesday, hitting $197.44. 1,478,156 shares of the company traded hands, compared to its average volume of 3,648,640. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm's 50-day simple moving average is $205.56 and its 200 day simple moving average is $216.01. The company has a market cap of $127.00 billion, a P/E ratio of 22.67, a P/E/G ratio of 2.51 and a beta of 1.01. 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 data on Thursday, February 6th. The conglomerate reported $2.47 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%. Analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on HON shares. Barclays decreased 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, March 26th. Wells Fargo & Company lowered their price objective on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Citigroup reduced their price objective on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a report on Monday, April 14th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. cut their price target on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $242.15.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the 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 sale, the vice president now owns 41,580 shares of the company's stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.41% of the stock is currently owned by company insiders.

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.