Rothschild Investment Corp IL raised its holdings in Honeywell International Inc. (NYSE:HON) by 0.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,224 shares of the conglomerate’s stock after buying an additional 100 shares during the quarter. Rothschild Investment Corp IL’s holdings in Honeywell International were worth $7,823,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. HC Financial Advisors Inc. grew its position in shares of Honeywell International by 7.3% in the third quarter. HC Financial Advisors Inc. now owns 15,365 shares of the conglomerate’s stock valued at $2,557,000 after purchasing an additional 1,041 shares during the last quarter. Vanguard Group Inc grew its position in shares of Honeywell International by 0.9% in the third quarter. Vanguard Group Inc now owns 52,084,819 shares of the conglomerate’s stock valued at $8,666,914,000 after purchasing an additional 456,410 shares during the last quarter. Cardinal Capital Management Inc. grew its position in shares of Honeywell International by 4.7% in the fourth quarter. Cardinal Capital Management Inc. now owns 119,767 shares of the conglomerate’s stock valued at $15,824,000 after purchasing an additional 5,401 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $383,000. Finally, First United Bank Trust grew its position in shares of Honeywell International by 2.6% in the fourth quarter. First United Bank Trust now owns 18,543 shares of the conglomerate’s stock valued at $2,450,000 after purchasing an additional 465 shares during the last quarter. 75.46% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE HON opened at $169.38 on Thursday. Honeywell International Inc. has a 1 year low of $123.48 and a 1 year high of $174.34. The company has a market cap of $121.89 billion, a P/E ratio of 21.15, a PEG ratio of 2.26 and a beta of 1.12. The company has a current ratio of 1.24, a quick ratio of 1.01 and a debt-to-equity ratio of 0.45.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 23rd. Honeywell International’s dividend payout ratio is currently 40.95%.
A number of analysts recently issued reports on HON shares. ValuEngine upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $181.00 target price on the stock in a research report on Monday, April 8th. Deutsche Bank raised their target price on shares of Honeywell International to $160.00 and gave the stock a “buy” rating in a research report on Monday, February 4th. Credit Suisse Group raised their target price on shares of Honeywell International from $170.00 to $185.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 23rd. Finally, Morgan Stanley raised their target price on shares of Honeywell International from $165.00 to $183.00 and gave the stock an “overweight” rating in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Honeywell International has a consensus rating of “Buy” and an average price target of $175.20.
In other Honeywell International news, insider Timothy O. Mahoney sold 73,352 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $154.30, for a total transaction of $11,318,213.60. Following the transaction, the insider now owns 305,505 shares of the company’s stock, valued at $47,139,421.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.73% of the company’s stock.
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Honeywell International Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
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