Vontobel Holding Ltd. Has $4.62 Million Position in Honeywell International Inc. (NASDAQ:HON)

Vontobel Holding Ltd. reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 9.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,041 shares of the conglomerate’s stock after selling 2,179 shares during the quarter. Vontobel Holding Ltd.’s holdings in Honeywell International were worth $4,622,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Ironwood Wealth Management LLC. lifted its stake in shares of Honeywell International by 2.9% in the first quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock worth $700,000 after buying an additional 100 shares during the last quarter. Fairfield Bush & CO. increased its holdings in Honeywell International by 5.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock valued at $1,864,000 after buying an additional 492 shares during the period. United Bank increased its holdings in Honeywell International by 25.0% in the 1st quarter. United Bank now owns 8,404 shares of the conglomerate’s stock valued at $1,635,000 after buying an additional 1,683 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Honeywell International by 31.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock worth $151,949,000 after purchasing an additional 187,936 shares during the last quarter. Finally, AMI Investment Management Inc. grew its holdings in shares of Honeywell International by 16.8% in the 1st quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock worth $224,000 after purchasing an additional 165 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Honeywell International Stock Performance

Honeywell International stock opened at $190.36 on Thursday. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a market cap of $123.96 billion, a PE ratio of 22.47, a PEG ratio of 2.22 and a beta of 1.02. The company’s 50-day moving average is $198.41 and its two-hundred day moving average is $195.82.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.01. The company had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.52 EPS. Equities analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.27%. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Analyst Upgrades and Downgrades

HON has been the topic of several analyst reports. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Barclays upped their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday. Finally, Royal Bank of Canada reduced their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $219.67.

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.