Nicholson Wealth Management Group LLC Has $1.66 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Nicholson Wealth Management Group LLC grew its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 72.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,336 shares of the conglomerate's stock after buying an additional 3,093 shares during the quarter. Honeywell International makes up approximately 1.1% of Nicholson Wealth Management Group LLC's portfolio, making the stock its 20th largest position. Nicholson Wealth Management Group LLC's holdings in Honeywell International were worth $1,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of Honeywell International by 0.3% in the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock worth $6,413,570,000 after buying an additional 92,112 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock worth $2,959,535,000 after buying an additional 547,998 shares during the period. Janus Henderson Group PLC boosted 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 worth $822,458,000 after purchasing an additional 265,789 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Honeywell International by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate's stock worth $782,232,000 after purchasing an additional 42,287 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the stock from $236.00 to $260.00 in a report on Friday, February 7th. HSBC upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Robert W. Baird cut shares of Honeywell International from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Morgan Stanley raised their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Honeywell International currently has an average rating of "Moderate Buy" and an average price target of $248.71.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $0.59 during trading on Friday, reaching $211.94. The stock had a trading volume of 6,221,796 shares, compared to its average volume of 4,177,537. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The firm has a market capitalization of $137.74 billion, a price-to-earnings ratio of 24.33, a P/E/G ratio of 2.50 and a beta of 1.05. 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 stock has a fifty day simple moving average of $220.74 and a two-hundred day simple moving average of $215.17.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS 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%. As a group, analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal 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. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. Honeywell International's payout ratio is 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate 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.