Honeywell International Inc. (NASDAQ:HON) Holdings Increased by Cibc World Markets Corp

Cibc World Markets Corp increased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 411.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,265,358 shares of the conglomerate's stock after purchasing an additional 1,018,099 shares during the quarter. Honeywell International makes up 1.7% of Cibc World Markets Corp's investment portfolio, making the stock its 9th biggest holding. Cibc World Markets Corp owned approximately 0.19% of Honeywell International worth $285,832,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State Street Corp lifted its holdings in Honeywell International by 0.3% in the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock valued at $6,413,570,000 after buying an additional 92,112 shares during the period. Wellington Management Group LLP raised its holdings in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. Geode Capital Management LLC raised its holdings in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Honeywell International by 10.3% during the fourth quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate's stock valued at $1,527,867,000 after purchasing an additional 631,761 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of Honeywell International by 7.2% during the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate's stock valued at $822,458,000 after purchasing an additional 265,789 shares during the period. Institutional investors own 75.91% of the company's stock.

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Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction that occurred 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 sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $2.24 on Thursday, reaching $210.89. 3,582,881 shares of the company traded hands, compared to its average volume of 3,208,709. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The company has a 50 day moving average of $214.37 and a 200 day moving average of $216.56. The firm has a market capitalization of $137.06 billion, a PE ratio of 24.21, a PEG 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 (NASDAQ:HON - Get Free Report) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. Equities analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date was Friday, February 28th. Honeywell International's payout ratio is currently 51.89%.

Wall Street Analyst Weigh In

HON has been the topic of several research reports. Royal Bank of Canada dropped their price objective on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Wells Fargo & Company dropped 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. Barclays decreased their target price on shares of Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 target price for the company in a research report on Wednesday, December 11th. Finally, Jefferies Financial Group boosted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. Ten investment 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. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $249.38.

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.