Treasurer of the State of North Carolina Has $64.76 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Treasurer of the State of North Carolina raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 286,708 shares of the conglomerate's stock after buying an additional 1,800 shares during the period. Treasurer of the State of North Carolina's holdings in Honeywell International were worth $64,764,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Honeywell International by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock valued at $13,951,353,000 after buying an additional 380,299 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Honeywell International by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock valued at $3,379,568,000 after acquiring an additional 627,422 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Honeywell International by 10.3% in the 4th quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate's stock worth $1,527,867,000 after acquiring an additional 631,761 shares during the last quarter. Invesco Ltd. boosted its position in shares of Honeywell International by 5.2% during the 4th quarter. Invesco Ltd. now owns 5,285,417 shares of the conglomerate's stock worth $1,193,923,000 after purchasing an additional 263,188 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Honeywell International by 3.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,901,124 shares of the conglomerate's stock worth $881,225,000 after purchasing an additional 116,925 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

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Honeywell International Trading Down 0.2 %

Shares of NASDAQ:HON traded down $0.50 during trading on Tuesday, reaching $199.75. 1,093,490 shares of the stock were exchanged, compared to its average volume of 3,619,987. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm's 50-day moving average price is $206.83 and its 200 day moving average price is $216.43. 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 firm has a market cap of $129.82 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth 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 net margin of 14.82% and a return on equity of 35.78%. On average, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International's dividend payout ratio is currently 51.89%.

Insiders Place Their Bets

In related news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HON has been the subject of several analyst reports. Morgan Stanley boosted their target price on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. StockNews.com cut Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Finally, Citigroup lowered their price target on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research note on Monday. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of "Hold" and a consensus price target of $242.15.

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.