Triglav Investments D.O.O. raised its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,360 shares of the conglomerate’s stock after acquiring an additional 4,000 shares during the quarter. Triglav Investments D.O.O.’s holdings in Honeywell International were worth $8,459,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Holos Integrated Wealth LLC bought a new position in shares of Honeywell International in the fourth quarter worth about $25,000. Ares Financial Consulting LLC bought a new position in shares of Honeywell International in the fourth quarter worth about $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Honeywell International in the fourth quarter worth about $29,000. JPL Wealth Management LLC bought a new position in shares of Honeywell International in the third quarter worth about $31,000. Finally, Strive Asset Management LLC bought a new position in shares of Honeywell International in the third quarter worth about $33,000. Institutional investors own 75.91% of the company’s stock.
Honeywell International Trading Up 2.1%
Shares of NASDAQ HON opened at $237.86 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. The business has a fifty day simple moving average of $223.60 and a two-hundred day simple moving average of $217.81. The firm has a market cap of $150.72 billion, a PE ratio of 33.69, a price-to-earnings-growth ratio of 3.33 and a beta of 0.82. Honeywell International Inc. has a twelve month low of $186.76 and a twelve month high of $248.18.
Honeywell International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. The Goldman Sachs Group decreased their target price on Honeywell International from $262.00 to $258.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Barclays lifted their target price on Honeywell International from $243.00 to $251.00 and gave the company an “overweight” rating in a research note on Wednesday. BMO Capital Markets assumed coverage on Honeywell International in a research note on Friday, March 27th. They set an “outperform” rating and a $273.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, Evercore lifted their target price on Honeywell International from $255.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average target price of $247.29.
View Our Latest Report on Honeywell International
About Honeywell International
Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.
Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.
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