Groupama Asset Managment Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Groupama Asset Managment increased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,274 shares of the conglomerate's stock after buying an additional 6,365 shares during the period. Groupama Asset Managment's holdings in Honeywell International were worth $36,091,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Mainstream Capital Management LLC bought a new position in shares of Honeywell International in the 4th quarter worth $25,000. Avalon Trust Co increased its stake in Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. lifted its stake in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International in the 4th quarter worth about $35,000. Institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

HON has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their target price on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Wells Fargo & Company lowered their price objective on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Morgan Stanley upped their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 11th. Barclays lowered their price target on shares of Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Finally, Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and raised their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $249.08.

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Honeywell International Trading Down 7.6 %

Shares of Honeywell International stock traded down $15.69 during midday trading on Friday, reaching $190.99. 8,445,242 shares of the company's stock traded hands, compared to its average volume of 3,536,397. The stock has a 50 day moving average of $211.63 and a 200-day moving average of $217.10. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The company has a market cap of $124.13 billion, a PE ratio of 21.93, 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 quick ratio of 1.01 and a current ratio of 1.31.

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

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.37%. Honeywell International's dividend payout ratio (DPR) is 51.89%.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company'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 of the company's stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.41% of the company's stock.

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.