Honeywell International Inc. (NASDAQ:HON) Shares Bought by Pioneer Trust Bank N A OR

Pioneer Trust Bank N A OR boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,186 shares of the conglomerate’s stock after purchasing an additional 1,585 shares during the period. Honeywell International makes up 1.9% of Pioneer Trust Bank N A OR’s holdings, making the stock its 21st biggest holding. Pioneer Trust Bank N A OR’s holdings in Honeywell International were worth $6,540,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Barclays PLC boosted its holdings in shares of Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after buying an additional 1,162,518 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Honeywell International by 6,557.2% in the 4th quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock valued at $197,266,000 after buying an additional 926,531 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Honeywell International by 853.0% in the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock valued at $163,980,000 after buying an additional 794,489 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its holdings in shares of Honeywell International by 51.3% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock valued at $346,365,000 after buying an additional 636,104 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in shares of Honeywell International by 27.5% in the 4th quarter. California Public Employees Retirement System now owns 1,739,695 shares of the conglomerate’s stock valued at $364,831,000 after buying an additional 375,158 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. Royal Bank of Canada cut their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reissued 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. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and increased their target price for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Barclays boosted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $215.71.

Honeywell International Stock Up 1.3 %

NASDAQ HON traded up $2.58 during mid-day trading on Thursday, reaching $200.63. 2,672,883 shares of the company’s stock traded hands, compared to its average volume of 2,997,456. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The company has a fifty day simple moving average of $197.55 and a 200-day simple moving average of $196.94. The company has a market cap of $130.65 billion, a price-to-earnings ratio of 23.13, a P/E/G ratio of 2.26 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year 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 the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.07 earnings per share. As a group, equities research analysts expect that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Thursday, May 16th. Honeywell International’s dividend payout ratio is presently 50.06%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The disclosure for this sale can be found here. 0.41% of the stock is currently owned by company insiders.

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.