5,877 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Sapient Capital LLC

Sapient Capital LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,877 shares of the conglomerate’s stock, valued at approximately $1,232,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Barclays PLC lifted its position in shares of Honeywell International by 57.3% during the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after acquiring an additional 1,162,518 shares during the period. International Assets Investment Management LLC lifted its position in shares of Honeywell International by 6,557.2% during the 4th quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock valued at $197,266,000 after acquiring an additional 926,531 shares during the period. Van ECK Associates Corp lifted its position in shares of Honeywell International by 853.0% during the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock valued at $163,980,000 after acquiring an additional 794,489 shares during the period. Adage Capital Partners GP L.L.C. lifted its position in shares of Honeywell International by 51.3% during 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 acquiring an additional 636,104 shares during the period. Finally, California Public Employees Retirement System lifted its position in shares of Honeywell International by 27.5% during 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 acquiring an additional 375,158 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.1 %

Honeywell International stock traded up $2.17 during midday trading on Friday, reaching $195.81. The stock had a trading volume of 2,251,381 shares, compared to its average volume of 2,992,784. The stock’s 50-day simple moving average is $197.66 and its 200 day simple moving average is $196.58. The stock has a market capitalization of $127.51 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 2.24 and a beta of 1.02. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month 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.

Honeywell International (NASDAQ:HON) last released 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 return on equity of 35.88% and a net margin of 15.52%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.07 earnings per share. 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. Stockholders of record on Friday, May 17th will be issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Thursday, May 16th. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Thursday. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. 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 research note on Tuesday, April 16th. Finally, Royal Bank of Canada reduced 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $215.71.

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.