Honeywell International Inc. (NASDAQ:HON) Holdings Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,901,124 shares of the conglomerate’s stock after purchasing an additional 116,925 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.60% of Honeywell International worth $881,225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Steward Partners Investment Advisory LLC raised its stake in shares of Honeywell International by 10.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 85,073 shares of the conglomerate’s stock valued at $19,217,000 after purchasing an additional 7,957 shares in the last quarter. Schechter Investment Advisors LLC raised its position in Honeywell International by 16.7% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,047 shares of the conglomerate’s stock worth $2,495,000 after acquiring an additional 1,578 shares in the last quarter. Gryphon Financial Partners LLC raised its position in Honeywell International by 2.2% in the fourth quarter. Gryphon Financial Partners LLC now owns 7,561 shares of the conglomerate’s stock worth $1,708,000 after acquiring an additional 160 shares in the last quarter. Kelly Financial Group LLC bought a new stake in Honeywell International in the fourth quarter worth about $423,000. Finally, Mission Wealth Management LP raised its position in Honeywell International by 8.1% in the fourth quarter. Mission Wealth Management LP now owns 17,521 shares of the conglomerate’s stock worth $3,958,000 after acquiring an additional 1,315 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on HON shares. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Barclays dropped their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. JPMorgan Chase & Co. dropped their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Jefferies Financial Group boosted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $248.71.

Insider Buying and Selling at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.4 %

NASDAQ:HON opened at $212.02 on Tuesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The stock’s 50-day moving average is $218.27 and its two-hundred day moving average is $216.07. The stock has a market cap of $137.80 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.13%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

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.