Treasurer of the State of North Carolina Has $64.76 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Treasurer of the State of North Carolina lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 286,708 shares of the conglomerate’s stock after acquiring an additional 1,800 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Honeywell International were worth $64,764,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of HON. Mainstream Capital Management LLC bought a new stake in Honeywell International during the 4th quarter valued at approximately $25,000. Avalon Trust Co raised its stake in Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Honeywell International during the fourth quarter worth $30,000. Financial Avengers Inc. grew its stake in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the period. Finally, Curio Wealth LLC purchased a new stake in shares of Honeywell International during the fourth quarter worth $35,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $199.10 on Thursday. The stock has a market cap of $129.40 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The stock has a 50 day moving average price of $208.35 and a 200-day moving average price of $216.56.

Honeywell International (NASDAQ:HON) last issued 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 net margin of 14.82% and a return on equity of 35.78%. Equities analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and increased their target price for the company from $236.00 to $260.00 in a report on Friday, February 7th. The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday, December 11th. Morgan Stanley raised their price objective on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $245.00.

Insider Activity at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

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.