Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 66.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,402 shares of the conglomerate’s stock after purchasing an additional 1,757 shares during the period. Angeles Investment Advisors LLC’s holdings in Honeywell International were worth $994,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HON. Raymond James Financial Inc. acquired a new position in shares of Honeywell International during the fourth quarter worth $435,786,000. ING Groep NV raised its stake in Honeywell International by 884.0% in the 4th quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock worth $395,866,000 after acquiring an additional 1,574,376 shares during the last quarter. Wellington Management Group LLP raised its stake in Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the last quarter. Cibc World Markets Corp raised its stake in Honeywell International by 411.8% in the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate’s stock worth $285,832,000 after acquiring an additional 1,018,099 shares during the last quarter. Finally, Boston Partners raised its stake in Honeywell International by 29.2% in the 4th quarter. Boston Partners now owns 2,994,634 shares of the conglomerate’s stock worth $675,986,000 after acquiring an additional 677,213 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HON shares. Morgan Stanley raised 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. Barclays reduced their target price on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus target price of $249.38.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by insiders.

Honeywell International Price Performance

NASDAQ:HON opened at $210.12 on Monday. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $136.56 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The stock’s 50-day moving average price is $214.02 and its 200-day moving average price is $216.69.

Honeywell International (NASDAQ:HON) last posted its 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, equities analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

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.