Mizuho Securities USA LLC Increases Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Mizuho Securities USA LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 46.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 61,629 shares of the conglomerate's stock after purchasing an additional 19,403 shares during the quarter. Mizuho Securities USA LLC's holdings in Honeywell International were worth $13,921,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter valued at approximately $25,000. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International during the fourth quarter worth $25,000. Avalon Trust Co boosted its position in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new stake in Honeywell International during the 4th quarter valued at about $30,000. Finally, Financial Avengers Inc. raised its holdings in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 0.5 %

Shares of HON stock traded up $1.00 during trading hours on Wednesday, reaching $213.12. 5,250,414 shares of the stock were exchanged, compared to its average volume of 3,244,075. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The business's fifty day moving average is $213.75 and its two-hundred day moving average is $216.85. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The firm has a market capitalization of $138.51 billion, a P/E ratio of 24.47, a P/E/G ratio of 2.51 and a beta of 1.08.

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

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid 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 2.12%. Honeywell International's dividend payout ratio is presently 51.89%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HON shares. Royal Bank of Canada dropped their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price objective for the company from $236.00 to $260.00 in a report on Friday, February 7th. StockNews.com lowered shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Finally, Barclays cut their price target on shares of Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a report on Wednesday. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $249.08.

Insiders Place Their Bets

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International 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 transaction, the vice president now directly owns 41,580 shares of the company's stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.41% of the company's stock.

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.