Capital International Inc. CA Has $19.03 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Capital International Inc. CA raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 118.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 84,250 shares of the conglomerate's stock after buying an additional 45,725 shares during the quarter. Capital International Inc. CA's holdings in Honeywell International were worth $19,031,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA lifted its stake in shares of Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock worth $15,203,000 after buying an additional 2,611 shares during the last quarter. World Investment Advisors increased its position in Honeywell International by 137.7% in the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after buying an additional 12,969 shares during the period. Coordinated Financial Services Inc. acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $361,000. Costello Asset Management INC bought a new stake in shares of Honeywell International in the fourth quarter valued at approximately $3,092,000. Finally, Schroder Investment Management Group boosted its holdings in Honeywell International by 12.7% in the 4th quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after purchasing an additional 10,092 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on 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. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Honeywell International Trading Down 0.9 %

NASDAQ HON traded down $1.87 on Friday, reaching $198.87. The company had a trading volume of 1,388,741 shares, compared to its average volume of 3,653,436. The stock has a market cap of $127.92 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The stock's 50 day moving average is $205.41 and its 200-day moving average is $215.86. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

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 return on equity of 35.78% and a net margin of 14.82%. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $1.13 dividend. 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 2.27%. Honeywell International's dividend payout ratio (DPR) is 51.89%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Royal Bank of Canada decreased their price objective on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Morgan Stanley increased their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Wells Fargo & Company decreased their price objective on 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 lowered their price target on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Ten 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 stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $242.15.

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.