Calamos Advisors LLC Purchases 6,385 Shares of Honeywell International Inc. (NASDAQ:HON)

Calamos Advisors LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 405,821 shares of the conglomerate's stock after acquiring an additional 6,385 shares during the period. Calamos Advisors LLC owned approximately 0.06% of Honeywell International worth $85,105,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Cordant Inc. purchased a new position in shares of Honeywell International in the fourth quarter valued at $31,000. Rakuten Securities Inc. purchased a new position in shares of Honeywell International in the fourth quarter valued at $31,000. True Wealth Design LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at $31,000. Financial Connections Group Inc. purchased a new position in shares of Honeywell International in the fourth quarter valued at $37,000. Finally, TFO Wealth Partners LLC boosted its stake in Honeywell International by 105.6% during the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate's stock valued at $41,000 after acquiring an additional 114 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the firm'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 in the company, valued at approximately $36,164,646. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HON shares. Royal Bank of Canada reduced their price objective on shares of Honeywell International from $210.00 to $209.00 and set a "sector perform" rating on the stock in a research note on Friday, February 2nd. Barclays increased their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the company an "overweight" rating in a research note on Tuesday, April 2nd. Berenberg Bank upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $219.67.

Honeywell International Stock Up 0.4 %

HON traded up $0.72 during midday trading on Thursday, hitting $191.08. 2,143,186 shares of the company's stock traded hands, compared to its average volume of 3,007,019. The company has a market cap of $124.43 billion, a PE ratio of 22.56, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. The stock's fifty day simple moving average is $198.36 and its 200-day simple moving average is $195.79. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS 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 company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. During the same quarter last year, the firm posted $2.52 earnings per share. The company's quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International's dividend payout ratio (DPR) is currently 51.00%.

About Honeywell International

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.