Dakota Wealth Management grew its stake in Honeywell International Inc. (NASDAQ:HON – Get Rating) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,840 shares of the conglomerate’s stock after buying an additional 463 shares during the quarter. Dakota Wealth Management’s holdings in Honeywell International were worth $1,843,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley increased its stake in shares of Honeywell International by 2.9% in the 3rd quarter. Morgan Stanley now owns 12,486,194 shares of the conglomerate’s stock valued at $2,650,568,000 after purchasing an additional 350,521 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Honeywell International by 2.2% in the third quarter. Bank of New York Mellon Corp now owns 7,817,231 shares of the conglomerate’s stock valued at $1,659,440,000 after buying an additional 165,235 shares in the last quarter. Invesco Ltd. raised its stake in shares of Honeywell International by 17.5% during the 3rd quarter. Invesco Ltd. now owns 2,600,605 shares of the conglomerate’s stock worth $552,057,000 after buying an additional 387,447 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of Honeywell International by 15.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,400,160 shares of the conglomerate’s stock valued at $500,455,000 after buying an additional 320,604 shares in the last quarter. Finally, Capital Research Global Investors grew its stake in Honeywell International by 49.0% in the 3rd quarter. Capital Research Global Investors now owns 2,119,166 shares of the conglomerate’s stock valued at $449,857,000 after acquiring an additional 696,459 shares during the period. Hedge funds and other institutional investors own 74.27% of the company’s stock.
NASDAQ:HON traded up $0.61 on Friday, reaching $193.53. 3,237,361 shares of the company’s stock were exchanged, compared to its average volume of 3,789,701. The firm has a market capitalization of $131.74 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. Honeywell International Inc. has a 52-week low of $174.42 and a 52-week high of $236.86. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.66. The business has a fifty day moving average of $193.50 and a 200-day moving average of $197.11.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 3rd. Shareholders of record on Friday, May 13th will be issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Thursday, May 12th. Honeywell International’s dividend payout ratio (DPR) is 52.06%.
Several equities analysts have issued reports on HON shares. Berenberg Bank initiated coverage on shares of Honeywell International in a report on Friday, January 14th. They set a “hold” rating and a $230.00 price objective on the stock. StockNews.com initiated coverage on Honeywell International in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. UBS Group dropped their price target on Honeywell International from $237.00 to $220.00 and set a “buy” rating for the company in a research report on Tuesday, February 15th. Zacks Investment Research upgraded Honeywell International from a “sell” rating to a “hold” rating and set a $203.00 price objective on the stock in a report on Tuesday, March 22nd. Finally, TheStreet lowered shares of Honeywell International from a “b” rating to a “c+” rating in a report on Friday, April 29th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $227.14.
In other news, CEO Darius Adamczyk sold 40,000 shares of the stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $194.52, for a total value of $7,780,800.00. Following the transaction, the chief executive officer now owns 165,015 shares in the company, valued at approximately $32,098,717.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.45% of the company’s stock.
Honeywell International Profile (Get Rating)
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.
- Get a free copy of the StockNews.com research report on Honeywell International (HON)
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