World Investment Advisors boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 137.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,387 shares of the conglomerate's stock after acquiring an additional 12,969 shares during the quarter. World Investment Advisors' holdings in Honeywell International were worth $5,057,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Howard Capital Management Group LLC boosted its stake in shares of Honeywell International by 6.7% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after acquiring an additional 174 shares in the last quarter. United Bank raised its holdings in Honeywell International by 2.8% in the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate's stock worth $1,692,000 after purchasing an additional 220 shares during the period. Redwood Investment Management LLC grew its holdings in Honeywell International by 0.5% in the third quarter. Redwood Investment Management LLC now owns 10,722 shares of the conglomerate's stock valued at $2,216,000 after purchasing an additional 57 shares during the period. Royal London Asset Management Ltd. increased its position in shares of Honeywell International by 3.9% in the third quarter. Royal London Asset Management Ltd. now owns 271,201 shares of the conglomerate's stock valued at $56,060,000 after buying an additional 10,118 shares in the last quarter. Finally, RBF Capital LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth approximately $2,067,000. 75.91% of the stock is owned by institutional investors and hedge funds.
Honeywell International Trading Up 8.9 %
HON stock traded up $16.24 during trading on Wednesday, reaching $199.10. 9,134,348 shares of the stock were exchanged, compared to its average volume of 3,606,036. The business has a 50 day moving average price of $208.35 and a 200-day moving average price of $216.56. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $129.40 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 2.51 and a beta of 1.01.
Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data 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 return on equity of 35.78% and a net margin of 14.82%. On average, research analysts predict 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 was paid on Friday, March 14th. Investors 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 annualized dividend and a yield of 2.27%. Honeywell International's dividend payout ratio (DPR) is currently 51.89%.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on HON. The Goldman Sachs Group lifted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Royal Bank of Canada lowered 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. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their target price for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $245.00.
Check Out Our Latest Stock Report on Honeywell International
Insider Buying and Selling at Honeywell International
In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction that occurred 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 owns 41,580 shares of the company's stock, valued at $8,644,066.20. The trade was 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 through this link. 0.41% of the stock is currently owned by corporate insiders.
About Honeywell International
(
Free Report)
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.
Featured Stories
Before you consider Honeywell International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honeywell International wasn't on the list.
While Honeywell International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
