New York Life Investment Management LLC Purchases 539 Shares of Honeywell International Inc. (NASDAQ:HON)

New York Life Investment Management LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 87,466 shares of the conglomerate’s stock after purchasing an additional 539 shares during the period. New York Life Investment Management LLC’s holdings in Honeywell International were worth $19,758,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in HON. Howard Capital Management Group LLC grew its stake in shares of Honeywell International by 6.7% during the third 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. Assenagon Asset Management S.A. boosted its holdings in Honeywell International by 1.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 18,892 shares of the conglomerate’s stock valued at $3,905,000 after acquiring an additional 232 shares during the period. MONECO Advisors LLC grew its position in Honeywell International by 23.5% in the 3rd quarter. MONECO Advisors LLC now owns 5,027 shares of the conglomerate’s stock valued at $1,039,000 after acquiring an additional 958 shares during the last quarter. Fidelis Capital Partners LLC increased its stake in Honeywell International by 5.0% in the third quarter. Fidelis Capital Partners LLC now owns 9,934 shares of the conglomerate’s stock worth $2,189,000 after purchasing an additional 474 shares during the period. Finally, Jacobsen Capital Management lifted its position in shares of Honeywell International by 5.2% during the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock worth $209,000 after purchasing an additional 50 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Down 0.3 %

Shares of NASDAQ HON opened at $211.33 on Thursday. The business has a fifty day moving average price of $219.17 and a 200 day moving average price of $215.63. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock has a market capitalization of $137.35 billion, a P/E ratio of 24.26, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly 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 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. Shareholders of record on Friday, February 28th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International’s dividend payout ratio is currently 51.89%.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction 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 completion of the sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Morgan Stanley boosted their price target on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Finally, Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

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.