MUFG Securities EMEA plc trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 63.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 209,037 shares of the conglomerate’s stock after selling 361,115 shares during the quarter. MUFG Securities EMEA plc’s holdings in Honeywell International were worth $40,781,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of HON. Brighton Jones LLC grew its position in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of Honeywell International by 145.7% during the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock valued at $937,000 after buying an additional 2,629 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after buying an additional 1,223 shares during the last quarter. Nebula Research & Development LLC boosted its position in shares of Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after buying an additional 176 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in Honeywell International by 4.4% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after acquiring an additional 188 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.
Honeywell International Stock Performance
HON opened at $237.86 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The company has a market cap of $150.72 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.40 and a beta of 0.82. The company’s 50 day moving average is $223.60 and its 200 day moving average is $217.81. Honeywell International Inc. has a 12-month low of $186.76 and a 12-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 issued a dividend of $1.19 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.0%. Honeywell International’s payout ratio is currently 67.42%.
Analysts Set New Price Targets
A number of analysts have recently commented on HON shares. BNP Paribas Exane lifted their price target on shares of Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Jefferies Financial Group reduced their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research note on Monday, April 27th. The Goldman Sachs Group reduced their price target on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $268.00 price target on shares of Honeywell International in a research note on Monday, April 27th. Finally, Rothschild & Co Redburn reduced their price target on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and an average target price of $247.29.
Check Out Our Latest Report on HON
Honeywell International Profile
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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