Vontobel Holding Ltd. Boosts Holdings in Honeywell International Inc. (NASDAQ:HON)

Vontobel Holding Ltd. boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,017 shares of the conglomerate’s stock after buying an additional 704 shares during the quarter. Vontobel Holding Ltd.’s holdings in Honeywell International were worth $4,748,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Baldwin Wealth Partners LLC MA raised its position in Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after buying an additional 2,611 shares during the last quarter. Costello Asset Management INC purchased a new position in Honeywell International in the 4th quarter worth about $3,092,000. RIA Advisory Group LLC purchased a new position in Honeywell International in the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. purchased a new position in Honeywell International in the 3rd quarter worth about $454,000. Finally, Sargent Investment Group LLC raised its position in Honeywell International by 268.6% in the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock worth $1,227,000 after buying an additional 4,082 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wells Fargo & Company decreased their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. The Goldman Sachs Group lifted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Bank of America upped their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Ten 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. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Stock Performance

NASDAQ:HON opened at $202.75 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The stock has a 50-day moving average price of $222.30 and a 200 day moving average price of $215.05. The stock has a market capitalization of $131.84 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities research analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.23%. Honeywell International’s dividend payout ratio is presently 51.89%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.41% of the stock is currently owned by company insiders.

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.