Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Ethic Inc.

Ethic Inc. raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 58.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,192 shares of the conglomerate's stock after buying an additional 5,610 shares during the period. Ethic Inc.'s holdings in Honeywell International were worth $3,432,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Valmark Advisers Inc. grew its position in Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock valued at $1,048,000 after acquiring an additional 45 shares in the last quarter. ZWJ Investment Counsel Inc. grew its position in shares of Honeywell International by 3.4% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock worth $327,000 after buying an additional 47 shares in the last quarter. Saxony Capital Management LLC grew its position in shares of Honeywell International by 4.0% during the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after buying an additional 47 shares in the last quarter. Magnus Financial Group LLC grew its position in shares of Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock worth $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. grew its position in shares of Honeywell International by 0.3% during the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after buying an additional 49 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

HON stock traded down $1.04 on Wednesday, reaching $217.18. 3,233,389 shares of the company's stock were exchanged, compared to its average volume of 3,757,509. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market cap of $139.58 billion, a PE ratio of 24.93, a P/E/G ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock has a fifty day moving average of $205.60 and a 200-day moving average of $215.44.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter last year, the business posted $2.25 EPS. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.08%. Honeywell International's dividend payout ratio is presently 51.95%.

Analyst Ratings Changes

A number of equities analysts have recently commented on HON shares. Citigroup lowered their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Royal Bank of Canada boosted their target price on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the company from $236.00 to $260.00 in a report on Friday, February 7th. Barclays dropped their target price on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Finally, Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Wednesday, May 7th. Nine equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $242.23.

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.