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

Schroder Investment Management Group raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,297 shares of the conglomerate's stock after buying an additional 10,092 shares during the quarter. Schroder Investment Management Group's holdings in Honeywell International were worth $20,235,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HON. Mainstream Capital Management LLC purchased a new position in Honeywell International in the fourth quarter worth approximately $25,000. Avalon Trust Co lifted its stake in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Honeywell International during the 4th quarter worth $30,000. Financial Avengers Inc. increased its position in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Curio Wealth LLC purchased a new stake in Honeywell International in the 4th quarter valued at about $35,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Down 7.6 %

Shares of HON stock traded down $15.69 during trading hours on Friday, reaching $190.99. 8,445,242 shares of the stock were exchanged, compared to its average volume of 3,531,127. The business's fifty day moving average is $212.24 and its two-hundred day moving average is $217.11. The firm has a market capitalization of $124.13 billion, a P/E ratio of 21.93, a P/E/G ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

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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 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%. 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.37%. Honeywell International's dividend payout ratio is currently 51.89%.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of the 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. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.41% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Morgan Stanley increased their target price 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. The Goldman Sachs Group increased their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Wells Fargo & Company dropped their target price on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Barclays decreased their price target on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Finally, HSBC raised Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $249.08.

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.