333,712 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 333,712 shares of the conglomerate's stock, valued at approximately $75,382,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Honeywell International as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Baldwin Wealth Partners LLC MA boosted its position in shares of Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock worth $15,203,000 after purchasing an additional 2,611 shares in the last quarter. World Investment Advisors increased its holdings in Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after buying an additional 12,969 shares during the last quarter. Coordinated Financial Services Inc. purchased a new position in Honeywell International in the fourth quarter valued at approximately $361,000. Costello Asset Management INC purchased a new position in shares of Honeywell International during the 4th quarter valued at $3,092,000. Finally, Schroder Investment Management Group boosted its position in Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock worth $20,235,000 after purchasing an additional 10,092 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

Shares of HON stock traded down $1.85 during trading hours on Wednesday, hitting $224.61. 2,578,619 shares of the company's stock were exchanged, compared to its average volume of 3,788,903. The company has a market capitalization of $144.35 billion, a PE ratio of 25.79, a PEG ratio of 2.51 and a beta of 1.07. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The business's 50 day simple moving average is $208.47 and its 200-day simple moving average is $216.38.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results 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 net margin of 14.82% and a return on equity of 35.78%. The company had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter last year, the company earned $2.25 EPS. The firm's revenue was up 7.9% compared to the same quarter last year. On average, equities research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HON shares. Wells Fargo & Company lifted their price target on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price target for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Barclays reduced their price objective on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Mizuho upped their target price on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Royal Bank of Canada lifted their price target on Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $245.57.

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.