Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Becker Capital Management Inc.

Becker Capital Management Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 735.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,954 shares of the conglomerate's stock after buying an additional 66,858 shares during the quarter. Becker Capital Management Inc.'s holdings in Honeywell International were worth $17,157,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth $25,000. Avalon Trust Co grew its stake in Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter worth about $30,000. Curio Wealth LLC purchased a new stake in Honeywell International in the fourth quarter valued at approximately $35,000. Finally, Alexis Investment Partners LLC acquired a new position in Honeywell International in the 4th quarter worth approximately $37,000. Institutional investors own 75.91% of the company's stock.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on Monday, February 10th. The shares were 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 in the company, valued at approximately $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 accessible through this link. Corporate insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HON shares. Wells Fargo & Company upped their price target on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday. Morgan Stanley upped their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Citigroup dropped their target price on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. JPMorgan Chase & Co. reduced their price target on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Finally, Barclays dropped their price objective on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a report on Wednesday. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $241.46.

Honeywell International Trading Up 1.6 %

NASDAQ HON traded up $3.39 on Friday, reaching $214.13. 4,378,467 shares of the company were exchanged, compared to its average volume of 3,701,806. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business's fifty day moving average price is $205.07 and its 200 day moving average price is $215.59. The stock has a market capitalization of $137.74 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. During the same quarter in the prior year, the firm posted $2.25 earnings per share. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. Analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a $1.13 dividend. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.11%. Honeywell International's dividend payout ratio is currently 51.95%.

Honeywell International 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.