Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Mather Group LLC.

Mather Group LLC. raised its position in Honeywell International Inc. (NASDAQ:HON) by 14.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,199 shares of the conglomerate’s stock after buying an additional 1,059 shares during the period. Mather Group LLC.’s holdings in Honeywell International were worth $1,720,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its position in shares of Honeywell International by 5.2% during the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after purchasing an additional 347,808 shares during the last quarter. Northern Trust Corp lifted its position in shares of Honeywell International by 4.3% during the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after purchasing an additional 263,640 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Honeywell International by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,555,331 shares of the conglomerate’s stock worth $656,812,000 after purchasing an additional 34,135 shares during the last quarter. Barclays PLC lifted its position in shares of Honeywell International by 57.3% during the third quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after purchasing an additional 1,162,518 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its position in shares of Honeywell International by 51.3% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock worth $346,365,000 after purchasing an additional 636,104 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 target price (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 raised their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Barclays raised their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada cut their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $215.71.

Insider Buying and Selling

In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Up 0.2 %

Shares of NASDAQ:HON opened at $193.77 on Tuesday. The stock has a market capitalization of $126.18 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 2.21 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. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66. The company has a 50 day moving average price of $198.11 and a 200 day moving average price of $196.47.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The firm had revenue of $9.11 billion during 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 firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $2.07 earnings per share. On average, research analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio is 50.06%.

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.