Mariner LLC Has $94.70 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Mariner LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 22.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 419,204 shares of the conglomerate's stock after acquiring an additional 77,600 shares during the period. Mariner LLC owned about 0.06% of Honeywell International worth $94,696,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Honeywell International in the fourth quarter valued at about $435,786,000. ING Groep NV raised its position in Honeywell International by 884.0% in the 4th quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate's stock valued at $395,866,000 after buying an additional 1,574,376 shares during the last quarter. Cibc World Markets Corp lifted its stake in Honeywell International by 411.8% in the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock valued at $285,832,000 after acquiring an additional 1,018,099 shares in the last quarter. Boston Partners boosted its position in Honeywell International by 29.2% during the 4th quarter. Boston Partners now owns 2,994,634 shares of the conglomerate's stock worth $675,986,000 after acquiring an additional 677,213 shares during the last quarter. Finally, Cibc World Market Inc. grew its stake in shares of Honeywell International by 320.5% during the 4th quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate's stock worth $193,890,000 after acquiring an additional 654,207 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HON. Citigroup cut their price objective on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a research note on Monday, December 23rd. Royal Bank of Canada lowered their target price on 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. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley increased their price target 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. Ten investment 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. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $242.15.

Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction on Monday, February 10th. The shares were 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 in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.41% of the company's stock.

Honeywell International Stock Performance

HON stock traded up $3.32 during trading hours on Friday, hitting $196.60. 3,215,553 shares of the stock were exchanged, compared to its average volume of 3,637,677. The company has a 50-day simple moving average of $206.12 and a two-hundred day simple moving average of $216.08. The firm has a market capitalization of $126.46 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month 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.

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

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.30%. The ex-dividend date was Friday, February 28th. Honeywell International's 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.