20,500 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by WIM INVESTMENT MANAGEMENT Ltd

WIM INVESTMENT MANAGEMENT Ltd bought a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,500 shares of the conglomerate's stock, valued at approximately $4,631,000. Honeywell International comprises 1.6% of WIM INVESTMENT MANAGEMENT Ltd's holdings, making the stock its 10th biggest position.

Other institutional investors also recently bought and sold shares of the company. Howard Capital Management Group LLC grew its stake in Honeywell International by 6.7% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock valued at $571,000 after buying an additional 174 shares during the last quarter. United Bank grew its position in shares of Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate's stock valued at $1,692,000 after purchasing an additional 220 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Honeywell International in the third quarter valued at about $414,000. Aljian Capital Management LLC bought a new position in shares of Honeywell International in the third quarter worth about $216,000. Finally, Quest Partners LLC lifted its position in shares of Honeywell International by 471,350.0% during the 3rd quarter. Quest Partners LLC now owns 9,429 shares of the conglomerate's stock worth $1,949,000 after purchasing an additional 9,427 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Activity at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on 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 sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents 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 accessible through this link. Insiders own 0.41% of the company's stock.

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Honeywell International Price Performance

HON stock traded down $0.77 during trading on Friday, hitting $210.12. The company had a trading volume of 6,544,911 shares, compared to its average volume of 3,229,305. The company has a fifty day moving average price of $214.02 and a two-hundred day moving average price of $216.61. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a market cap of $136.56 billion, a P/E ratio of 24.12, a P/E/G ratio of 2.51 and a beta of 1.08. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.15%. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Barclays reduced their price objective on Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Jefferies Financial Group boosted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. reduced their target price on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Finally, The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Ten equities 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $249.38.

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.