29,604 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by St. James Investment Company LLC

St. James Investment Company LLC acquired a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,604 shares of the conglomerate's stock, valued at approximately $6,687,000. Honeywell International makes up 1.2% of St. James Investment Company LLC's investment portfolio, making the stock its 23rd biggest holding.

Several other large investors have also bought and sold shares of the company. Howard Capital Management Group LLC boosted its holdings in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after buying an additional 174 shares during the last quarter. United Bank raised its position in Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate's stock worth $1,692,000 after acquiring an additional 220 shares during the period. CreativeOne Wealth LLC boosted its stake in shares of Honeywell International by 7.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 4,015 shares of the conglomerate's stock worth $830,000 after acquiring an additional 292 shares during the last quarter. Public Sector Pension Investment Board grew its position in shares of Honeywell International by 13.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 28,308 shares of the conglomerate's stock valued at $5,852,000 after acquiring an additional 3,400 shares during the period. Finally, Vinva Investment Management Ltd increased its stake in shares of Honeywell International by 29.9% in the 3rd quarter. Vinva Investment Management Ltd now owns 3,750 shares of the conglomerate's stock worth $779,000 after purchasing an additional 863 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Royal Bank of Canada decreased their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price objective for the stock from $236.00 to $260.00 in a research note 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 report on Wednesday, March 26th. Finally, JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International currently has an average rating of "Hold" and an average target price of $249.08.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated Monday, February 10th. The stock was 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 owns 41,580 shares in the company, valued at approximately $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 this link. 0.41% of the stock is currently owned by corporate insiders.

Honeywell International Stock Down 4.0 %

NASDAQ:HON traded down $8.33 during mid-day trading on Friday, reaching $198.35. The company's stock had a trading volume of 2,847,818 shares, compared to its average volume of 3,509,331. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year 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 firm has a market capitalization of $128.91 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The stock has a fifty day moving average of $212.24 and a 200-day moving average of $217.11.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data 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%. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid 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 yield of 2.28%. Honeywell International's dividend payout ratio (DPR) is 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.