Nisa Investment Advisors LLC Has $47.22 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Nisa Investment Advisors LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,185 shares of the conglomerate's stock after purchasing an additional 6,253 shares during the period. Nisa Investment Advisors LLC's holdings in Honeywell International were worth $47,224,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Mainstay Capital Management LLC ADV grew its position in shares of Honeywell International by 23.1% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 8,173 shares of the conglomerate's stock worth $1,714,000 after buying an additional 1,535 shares in the last quarter. Spectrum Asset Management Inc. NB CA grew its position in shares of Honeywell International by 0.3% during the fourth quarter. Spectrum Asset Management Inc. NB CA now owns 21,065 shares of the conglomerate's stock worth $4,418,000 after buying an additional 55 shares in the last quarter. Sabal Trust CO grew its position in shares of Honeywell International by 23.7% during the fourth quarter. Sabal Trust CO now owns 6,099 shares of the conglomerate's stock worth $1,279,000 after buying an additional 1,168 shares in the last quarter. Pavion Blue Capital LLC acquired a new position in Honeywell International in the fourth quarter worth $288,000. Finally, Narwhal Capital Management acquired a new position in Honeywell International in the fourth quarter worth $1,298,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on HON shares. Wells Fargo & Company lifted their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 19th. Barclays lifted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the stock an "overweight" rating in a report on Tuesday, April 2nd. Royal Bank of Canada decreased their price objective on shares of Honeywell International from $210.00 to $209.00 and set a "sector perform" rating for the company in a report on Friday, February 2nd. Finally, Berenberg Bank raised shares of Honeywell International from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $221.11.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.45% of the company's stock.

Honeywell International Stock Performance

HON stock traded up $1.10 during mid-day trading on Friday, reaching $197.15. The company had a trading volume of 1,881,187 shares, compared to its average volume of 2,828,128. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $128.38 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.25 and a beta of 1.02. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The stock's 50-day simple moving average is $198.91 and its two-hundred day simple moving average is $195.51.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, beating analysts' consensus estimates of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business had revenue of $9.44 billion for the quarter, compared to analysts' expectations of $9.70 billion. During the same period in the previous year, the business earned $2.52 earnings per share. The company's revenue was up 2.8% on a year-over-year basis. Research analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International's dividend payout ratio is currently 51.00%.

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.