Tokio Marine Asset Management Co. Ltd. Has $2.98 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,230 shares of the conglomerate’s stock after acquiring an additional 611 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Honeywell International were worth $2,984,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Impact Partnership Wealth LLC grew its position in Honeywell International by 47.6% in the 3rd quarter. Impact Partnership Wealth LLC now owns 273 shares of the conglomerate’s stock worth $50,000 after purchasing an additional 88 shares in the last quarter. Strategic Blueprint LLC boosted its position in Honeywell International by 4.3% in the third quarter. Strategic Blueprint LLC now owns 7,942 shares of the conglomerate’s stock worth $1,467,000 after purchasing an additional 328 shares during the last quarter. Washington Trust Advisors Inc. grew its stake in Honeywell International by 5.2% in the 3rd quarter. Washington Trust Advisors Inc. now owns 2,274 shares of the conglomerate’s stock valued at $420,000 after purchasing an additional 112 shares during the period. Proficio Capital Partners LLC increased its position in shares of Honeywell International by 12.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 2,360 shares of the conglomerate’s stock valued at $436,000 after purchasing an additional 252 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its stake in shares of Honeywell International by 2.5% during the 3rd quarter. Koshinski Asset Management Inc. now owns 5,766 shares of the conglomerate’s stock worth $1,065,000 after purchasing an additional 139 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

Shares of HON stock traded down $2.46 during trading on Thursday, hitting $192.33. The company had a trading volume of 2,263,994 shares, compared to its average volume of 2,995,951. The stock’s 50-day moving average is $198.35 and its two-hundred day moving average is $196.25. The stock has a market capitalization of $125.24 billion, a price-to-earnings ratio of 22.71, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the prior year, the firm earned $2.07 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, analysts predict that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.25%. Honeywell International’s payout ratio is 51.00%.

Insider Buying and Selling at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of Honeywell International 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 transaction, the director now owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on HON shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Royal Bank of Canada lowered their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $219.67.

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.