Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Aviance Capital Partners LLC

Aviance Capital Partners LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,974 shares of the conglomerate’s stock after purchasing an additional 102 shares during the quarter. Aviance Capital Partners LLC’s holdings in Honeywell International were worth $2,027,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. State Street Corp lifted its position in shares of Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after purchasing an additional 92,112 shares in the last quarter. Wellington Management Group LLP raised its holdings in Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after acquiring an additional 1,376,479 shares in the last quarter. Geode Capital Management LLC raised its holdings in Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after acquiring an additional 547,998 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Honeywell International by 10.3% in the fourth quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock valued at $1,527,867,000 after acquiring an additional 631,761 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Honeywell International by 7.2% in the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock valued at $822,458,000 after acquiring an additional 265,789 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $211.26 on Friday. The firm has a market capitalization of $137.30 billion, a P/E ratio of 24.25, a PEG ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company’s fifty day moving average is $217.06 and its two-hundred day moving average is $216.06. 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 (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Analysts Set New Price Targets

HON has been the topic of several analyst reports. The Goldman Sachs Group raised their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Barclays cut their price objective on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $249.38.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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. The trade was a 40.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

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.