Strs Ohio Acquires 7,605 Shares of Honeywell International Inc. (NASDAQ:HON)

Strs Ohio boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 538,539 shares of the conglomerate's stock after purchasing an additional 7,605 shares during the period. Strs Ohio owned about 0.08% of Honeywell International worth $112,937,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Industrial Alliance Investment Management Inc. raised its stake in shares of Honeywell International by 1,205.8% in the third quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate's stock valued at $627,000 after acquiring an additional 3,135 shares during the last quarter. Jag Capital Management LLC increased its holdings in shares of Honeywell International by 40.8% in the third quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate's stock valued at $299,000 after purchasing an additional 469 shares in the last quarter. Shulman DeMeo Asset Management LLC increased its holdings in shares of Honeywell International by 11.1% in the fourth quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate's stock valued at $354,000 after purchasing an additional 169 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Honeywell International by 1.7% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate's stock valued at $103,999,000 after purchasing an additional 8,493 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $203,000. Institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HON. Wells Fargo & Company raised their price target on shares of Honeywell International from $190.00 to $213.00 and gave the company an "equal weight" rating in a report on Tuesday, December 19th. Royal Bank of Canada lowered their price target 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. Berenberg Bank raised shares of Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Barclays lifted their target price 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $220.25.

Insider Activity

In related news, Director Darius Adamczyk sold 25,500 shares of the business's stock in a transaction on 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 of the company's stock, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is owned by company insiders.

Honeywell International Trading Down 0.4 %

HON traded down $0.71 during trading on Friday, reaching $196.16. 3,499,520 shares of the company's stock were exchanged, compared to its average volume of 2,761,924. The company's fifty day moving average price is $198.52 and its 200-day moving average price is $195.77. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87. The firm has a market capitalization of $127.74 billion, a PE ratio of 23.16, a P/E/G ratio of 2.24 and a beta of 1.02.

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

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International's dividend payout ratio (DPR) is 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.