National Pension Service Has $216.08 Million Stake in Honeywell International Inc. (NASDAQ:HON)

National Pension Service increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,030,384 shares of the conglomerate’s stock after purchasing an additional 18,985 shares during the period. National Pension Service’s holdings in Honeywell International were worth $216,082,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HON. Bogart Wealth LLC boosted its position in shares of Honeywell International by 2.9% in the fourth quarter. Bogart Wealth LLC now owns 60,320 shares of the conglomerate’s stock valued at $12,650,000 after acquiring an additional 1,689 shares during the period. Evexia Wealth LLC boosted its position in shares of Honeywell International by 2.7% in the fourth quarter. Evexia Wealth LLC now owns 24,798 shares of the conglomerate’s stock valued at $4,863,000 after acquiring an additional 649 shares during the period. Hyman Charles D boosted its position in shares of Honeywell International by 10.4% in the fourth quarter. Hyman Charles D now owns 37,606 shares of the conglomerate’s stock valued at $7,886,000 after acquiring an additional 3,555 shares during the period. Everpar Advisors LLC acquired a new position in Honeywell International in the fourth quarter valued at about $901,000. Finally, Gryphon Financial Partners LLC raised its stake in Honeywell International by 211.0% in the fourth quarter. Gryphon Financial Partners LLC now owns 5,384 shares of the conglomerate’s stock valued at $1,130,000 after purchasing an additional 3,653 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at approximately $10,709,231.26. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The disclosure for this sale can be found here. 0.41% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

HON has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Barclays boosted their price target on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Finally, Royal Bank of Canada lowered their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $215.71.

Honeywell International Trading Up 0.5 %

Shares of Honeywell International stock traded up $1.00 on Thursday, reaching $199.05. 530,264 shares of the company’s stock were exchanged, compared to its average volume of 2,973,387. The company has a market capitalization of $129.62 billion, a P/E ratio of 23.13, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87. The firm’s 50-day moving average is $197.55 and its two-hundred day moving average is $196.94. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.07 EPS. Sell-side analysts predict that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, May 16th. Honeywell International’s dividend payout ratio is currently 50.06%.

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.