Tocqueville Asset Management L.P. Has $46.83 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Tocqueville Asset Management L.P. raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 14.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 207,309 shares of the conglomerate's stock after acquiring an additional 26,040 shares during the quarter. Tocqueville Asset Management L.P.'s holdings in Honeywell International were worth $46,829,000 at the end of the most recent quarter.

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

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company's 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 transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.41% of the company's stock.

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Wall Street Analyst Weigh In

HON has been the topic of a number of research reports. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 target price on the stock in a research note on Wednesday, December 11th. Royal Bank of Canada reduced their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company reduced their target price on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Friday, February 7th. Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a research note on Wednesday, December 11th. Finally, JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $249.38.

Honeywell International Stock Performance

Shares of Honeywell International stock traded down $0.77 on Friday, reaching $210.12. 6,544,911 shares of the company were exchanged, compared to its average volume of 3,223,806. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The company's 50-day moving average is $214.19 and its two-hundred day moving average is $216.52. The firm has a market cap of $136.56 billion, a price-to-earnings ratio of 24.12, a P/E/G ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results 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 return on equity of 35.78% and a net margin of 14.82%. As a group, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. Honeywell International's dividend payout ratio (DPR) is 51.89%.

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.