SBI Securities Co. Ltd. Makes New $222,000 Investment in Honeywell International Inc. (NASDAQ:HON)

SBI Securities Co. Ltd. acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 981 shares of the conglomerate’s stock, valued at approximately $222,000.

Several other hedge funds and other institutional investors have also modified their holdings of HON. Jones Financial Companies Lllp raised its holdings in Honeywell International by 36.4% in the 4th quarter. Jones Financial Companies Lllp now owns 135,787 shares of the conglomerate’s stock valued at $30,673,000 after acquiring an additional 36,233 shares in the last quarter. Modera Wealth Management LLC boosted its stake in Honeywell International by 9.2% during the fourth quarter. Modera Wealth Management LLC now owns 12,349 shares of the conglomerate’s stock worth $2,789,000 after buying an additional 1,040 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in Honeywell International by 47.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 496 shares of the conglomerate’s stock valued at $112,000 after buying an additional 159 shares during the period. Bailard Inc. raised its stake in shares of Honeywell International by 0.4% in the 4th quarter. Bailard Inc. now owns 13,598 shares of the conglomerate’s stock valued at $3,072,000 after buying an additional 57 shares in the last quarter. Finally, Norden Group LLC lifted its holdings in shares of Honeywell International by 20.0% during the 4th quarter. Norden Group LLC now owns 3,396 shares of the conglomerate’s stock worth $767,000 after acquiring an additional 567 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.8 %

NASDAQ:HON opened at $211.26 on Friday. The stock’s fifty day moving average price is $217.06 and its two-hundred day moving average price is $216.06. The company has a market cap of $137.30 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. On average, analysts anticipate that Honeywell International Inc. will post 10.34 EPS 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 paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on HON shares. Wells Fargo & Company dropped their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their target price for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $249.38.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company’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 completion of the sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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.