Royal London Asset Management Ltd. Has $62.07 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Royal London Asset Management Ltd. lifted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 274,796 shares of the conglomerate's stock after purchasing an additional 3,595 shares during the period. Royal London Asset Management Ltd.'s holdings in Honeywell International were worth $62,074,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HON. First Financial Bankshares Inc grew its position in Honeywell International by 0.3% in the 4th quarter. First Financial Bankshares Inc now owns 348,630 shares of the conglomerate's stock worth $78,752,000 after purchasing an additional 1,022 shares during the last quarter. GM Advisory Group LLC increased its stake in Honeywell International by 3.3% during the fourth quarter. GM Advisory Group LLC now owns 5,900 shares of the conglomerate's stock valued at $1,333,000 after acquiring an additional 188 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in Honeywell International by 47.6% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 44,161 shares of the conglomerate's stock valued at $9,936,000 after acquiring an additional 14,235 shares in the last quarter. WIM INVESTMENT MANAGEMENT Ltd bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $4,631,000. Finally, Bestgate Wealth Advisors LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $311,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on HON. Royal Bank of Canada cut their target price on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research note 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 research note on Wednesday, December 11th. Jefferies Financial Group upped their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Hsbc Global Res raised Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Finally, The Goldman Sachs Group raised their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $249.38.

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Honeywell International Trading Up 0.1 %

HON stock traded up $0.27 during midday trading on Tuesday, hitting $212.12. 3,810,255 shares of the company's stock were exchanged, compared to its average volume of 3,229,621. The company has a market cap of $137.86 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock's fifty day moving average price is $213.88 and its 200-day moving average price is $216.75. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77.

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

Honeywell International Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 2.13%. Honeywell International's dividend payout ratio is 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction dated 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 transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.41% of the company's stock.

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.