Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 8.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 29,411 shares of the conglomerate’s stock after purchasing an additional 2,304 shares during the quarter. Honeywell International comprises about 1.8% of Boyd Watterson Asset Management LLC OH’s portfolio, making the stock its 14th biggest holding. Boyd Watterson Asset Management LLC OH’s holdings in Honeywell International were worth $6,644,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. ING Groep NV boosted its holdings in shares of Honeywell International by 884.0% in the fourth quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock valued at $395,866,000 after acquiring an additional 1,574,376 shares in the last quarter. Wellington Management Group LLP lifted its position 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 worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. Cibc World Market Inc. boosted its stake in Honeywell International by 320.5% during the 4th quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate’s stock valued at $193,890,000 after purchasing an additional 654,207 shares in the last quarter. Mizuho Securities USA LLC increased its position in shares of Honeywell International by 1,147.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after buying an additional 547,998 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Royal Bank of Canada reduced their target price on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Finally, Wells Fargo & Company dropped their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $248.71.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on 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 transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

Honeywell International Trading Up 0.3 %

Shares of NASDAQ:HON opened at $211.94 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $137.74 billion, a PE ratio of 24.33, a P/E/G ratio of 2.50 and a beta of 1.05. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm has a fifty day moving average price of $220.43 and a 200 day moving average price of $215.25.

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 expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

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 given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s dividend 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.