Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 89,297 shares of the conglomerate's stock after acquiring an additional 10,092 shares during the period. Schroder Investment Management Group's holdings in Honeywell International were worth $20,235,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Valmark Advisers Inc. lifted its holdings in shares of Honeywell International by 1.0% during the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock worth $1,048,000 after purchasing an additional 45 shares during the period. ZWJ Investment Counsel Inc. raised its position in Honeywell International by 3.4% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock worth $327,000 after buying an additional 47 shares during the last quarter. Saxony Capital Management LLC lifted its stake in shares of Honeywell International by 4.0% in the 4th quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after acquiring an additional 47 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of Honeywell International by 0.5% in the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock valued at $2,019,000 after acquiring an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. increased its stake in shares of Honeywell International by 0.3% during the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of HON traded down $3.53 during mid-day trading on Monday, reaching $187.46. 8,816,959 shares of the company's stock were exchanged, compared to its average volume of 3,559,568. Honeywell International Inc. has a 52-week low of $183.39 and a 52-week high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company has a 50-day simple moving average of $210.86 and a two-hundred day simple moving average of $217.10. The company has a market cap of $121.83 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.51 and a beta of 1.01.

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

Honeywell International Dividend Announcement

The company also recently declared 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. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.41%. Honeywell International's dividend payout ratio is currently 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction 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 completion of 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 at the SEC website. Insiders own 0.41% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. The Goldman Sachs Group upped their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Morgan Stanley upped 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 note on Tuesday, February 11th. Finally, Citigroup reduced their price objective on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $249.08.

Honeywell International Company 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.