Whittier Trust Co. of Nevada Inc. Acquires 3,882 Shares of Honeywell International Inc. (NASDAQ:HON)

Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 118,086 shares of the conglomerate’s stock after purchasing an additional 3,882 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Honeywell International were worth $26,674,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Douglass Winthrop Advisors LLC boosted its holdings in shares of Honeywell International by 4.5% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 8,700 shares of the conglomerate’s stock worth $1,965,000 after buying an additional 375 shares in the last quarter. HUB Investment Partners LLC lifted its holdings in shares of Honeywell International by 8.9% in the 4th quarter. HUB Investment Partners LLC now owns 34,636 shares of the conglomerate’s stock worth $7,824,000 after purchasing an additional 2,827 shares in the last quarter. Viawealth LLC lifted its holdings in shares of Honeywell International by 3.9% in the 4th quarter. Viawealth LLC now owns 7,329 shares of the conglomerate’s stock worth $1,656,000 after purchasing an additional 277 shares in the last quarter. iA Global Asset Management Inc. lifted its holdings in shares of Honeywell International by 0.8% in the 4th quarter. iA Global Asset Management Inc. now owns 72,551 shares of the conglomerate’s stock worth $16,389,000 after purchasing an additional 610 shares in the last quarter. Finally, Wilkins Investment Counsel Inc. lifted its holdings in shares of Honeywell International by 18.2% in the 4th quarter. Wilkins Investment Counsel Inc. now owns 2,430 shares of the conglomerate’s stock worth $549,000 after purchasing an additional 375 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’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 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 hyperlink. 0.41% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HON shares. The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Royal Bank of Canada cut their target price on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Jefferies Financial Group increased their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a report on Wednesday, December 11th. Finally, Citigroup cut their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $249.38.

Honeywell International Trading Up 1.1 %

NASDAQ HON opened at $210.89 on Friday. The stock has a market capitalization of $137.06 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The business’s fifty day moving average is $214.19 and its 200-day moving average is $216.52.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were 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 was Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Honeywell International Company 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.