Johnson Investment Counsel Inc. Acquires 2,167 Shares of Honeywell International Inc. (NASDAQ:HON)

Johnson Investment Counsel Inc. lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 395,511 shares of the conglomerate’s stock after acquiring an additional 2,167 shares during the period. Johnson Investment Counsel Inc.’s holdings in Honeywell International were worth $89,342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International during the 3rd quarter valued at about $25,000. Mainstream Capital Management LLC purchased a new position in shares of Honeywell International during the fourth quarter valued at approximately $25,000. Hoese & Co LLP bought a new position in Honeywell International during the fourth quarter valued at approximately $30,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.41% of the stock is owned by company insiders.

Honeywell International Trading Up 1.5 %

Shares of Honeywell International stock opened at $214.52 on Monday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The company has a fifty day moving average of $216.76 and a 200 day moving average of $216.39. The company has a market capitalization of $139.42 billion, a P/E ratio of 24.63, a P/E/G ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HON shares. Bank of America raised their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Citigroup cut their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, UBS Group reiterated a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $249.38.

About Honeywell International

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.