Honeywell International Inc. (NASDAQ:HON) Shares Purchased by GAM Holding AG

GAM Holding AG grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 37.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,104 shares of the conglomerate's stock after purchasing an additional 5,781 shares during the quarter. GAM Holding AG's holdings in Honeywell International were worth $4,767,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kornitzer Capital Management Inc. KS boosted its stake in Honeywell International by 0.4% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 19,213 shares of the conglomerate's stock worth $4,340,000 after purchasing an additional 70 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of Honeywell International by 8.4% during the 4th quarter. D.A. Davidson & CO. now owns 60,413 shares of the conglomerate's stock valued at $13,647,000 after acquiring an additional 4,674 shares during the last quarter. Citizens & Northern Corp boosted its position in shares of Honeywell International by 2.3% during the 4th quarter. Citizens & Northern Corp now owns 9,189 shares of the conglomerate's stock valued at $2,076,000 after acquiring an additional 208 shares during the last quarter. Burke & Herbert Bank & Trust Co. boosted its position in shares of Honeywell International by 2.6% during the 4th quarter. Burke & Herbert Bank & Trust Co. now owns 7,676 shares of the conglomerate's stock valued at $1,734,000 after acquiring an additional 195 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its position in shares of Honeywell International by 0.4% during the 4th quarter. CIBC Asset Management Inc now owns 258,562 shares of the conglomerate's stock valued at $58,395,000 after acquiring an additional 909 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.41% of the company's stock.

Wall Street Analyst Weigh In

HON has been the topic of several recent research reports. Robert W. Baird cut shares of Honeywell International from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their price target for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Royal Bank of Canada lowered their price target on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Finally, Jefferies Financial Group boosted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average target price of $248.71.

Honeywell International Trading Up 0.3 %

NASDAQ:HON traded up $0.59 on Friday, reaching $211.94. 6,221,796 shares of the company's stock were exchanged, compared to its average volume of 4,177,537. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $137.74 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The business has a fifty day moving average of $220.43 and a 200-day moving average of $215.25. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77.

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

Honeywell International Announces Dividend

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 given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International's dividend payout ratio is presently 51.89%.

About Honeywell International

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.