Saybrook Capital NC increased its holdings in Honeywell (NYSE:HON) by 2.0% in the fourth quarter, HoldingsChannel reports. The firm owned 59,445 shares of the conglomerate’s stock after purchasing an additional 1,140 shares during the period. Honeywell accounts for approximately 4.2% of Saybrook Capital NC’s portfolio, making the stock its 8th biggest holding. Saybrook Capital NC’s holdings in Honeywell were worth $9,116,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of HON. DekaBank Deutsche Girozentrale boosted its holdings in Honeywell by 2.6% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 228,491 shares of the conglomerate’s stock valued at $31,907,000 after acquiring an additional 5,700 shares during the period. Wolverine Asset Management LLC boosted its holdings in Honeywell by 1,849.7% during the fourth quarter. Wolverine Asset Management LLC now owns 384,140 shares of the conglomerate’s stock valued at $58,911,000 after acquiring an additional 364,437 shares during the period. Clearbridge Investments LLC boosted its holdings in Honeywell by 3.2% during the fourth quarter. Clearbridge Investments LLC now owns 6,052,733 shares of the conglomerate’s stock valued at $928,247,000 after acquiring an additional 187,212 shares during the period. Brandywine Global Investment Management LLC boosted its holdings in Honeywell by 3.0% during the fourth quarter. Brandywine Global Investment Management LLC now owns 687,529 shares of the conglomerate’s stock valued at $105,440,000 after acquiring an additional 19,944 shares during the period. Finally, Prime Capital Investment Advisors LLC bought a new stake in Honeywell during the fourth quarter valued at about $138,000. Hedge funds and other institutional investors own 75.30% of the company’s stock.

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NYSE:HON opened at $146.75 on Tuesday. Honeywell has a 12-month low of $122.40 and a 12-month high of $165.13. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.38 and a quick ratio of 1.13. The stock has a market capitalization of $109,882.52, a P/E ratio of 20.64, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97.

Honeywell (NYSE:HON) last posted its quarterly earnings results on Friday, January 26th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.84 by $0.01. Honeywell had a net margin of 4.08% and a return on equity of 27.27%. The firm had revenue of $10.84 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the prior year, the business posted $1.74 earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. equities analysts predict that Honeywell will post 7.97 EPS for the current fiscal year.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research cut shares of Honeywell from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Stifel Nicolaus restated a “buy” rating and set a $165.00 price target on shares of Honeywell in a report on Friday, February 16th. Barclays started coverage on shares of Honeywell in a research report on Thursday, February 15th. They set an “overweight” rating and a $170.00 price objective for the company. ValuEngine raised shares of Honeywell from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, TheStreet lowered shares of Honeywell from an “a+” rating to a “c+” rating in a research report on Friday, January 26th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $166.07.

In related news, Director Jaime Chico /Fa Pardo sold 2,868 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $156.36, for a total value of $448,440.48. Following the completion of the transaction, the director now owns 41,092 shares of the company’s stock, valued at $6,425,145.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linnet F. Deily sold 2,886 shares of the stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $147.71, for a total transaction of $426,291.06. Following the completion of the transaction, the director now directly owns 9,105 shares of the company’s stock, valued at approximately $1,344,899.55. The disclosure for this sale can be found here. Corporate insiders own 1.33% of the company’s stock.

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Honeywell Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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Institutional Ownership by Quarter for Honeywell (NYSE:HON)

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