Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,536 shares of the conglomerate’s stock after buying an additional 52 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Honeywell International were worth $4,413,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ING Groep NV boosted its holdings in Honeywell International by 884.0% in the 4th quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock valued at $395,866,000 after purchasing an additional 1,574,376 shares in the last quarter. Wellington Management Group LLP grew its holdings in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the period. Cibc World Market Inc. raised its position in Honeywell International by 320.5% in the fourth quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate’s stock worth $193,890,000 after acquiring an additional 654,207 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Honeywell International by 10.3% in the fourth quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock valued at $1,527,867,000 after acquiring an additional 631,761 shares during the period. Finally, Mizuho Securities USA LLC boosted its position in shares of Honeywell International by 1,147.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 1.0 %

HON opened at $212.00 on Wednesday. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The business has a 50-day moving average of $219.48 and a two-hundred day moving average of $215.66. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock has a market capitalization of $137.78 billion, a price-to-earnings ratio of 24.34, a price-to-earnings-growth ratio of 2.51 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, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.13%. Honeywell International’s payout ratio is 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 dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Moderate Buy” and a consensus target price of $248.71.

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.